Albert T. Annexstad

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Albert T. Annexstad
Born(1940-09-17)September 17, 1940
St. Peter, Minnesota
DiedJuly 8, 2023(2023-07-08) (aged 82)
Tiger, Georgia
Alma mater Minnesota State University, Mankato
OccupationBusinessman
SpouseCathy Annexstad
ChildrenThomas Annexstad Patti Marinovich

Albert T. Annexstad is an American businessman and philanthropist.

Contents

Early life

Minnesota-born Annexstad graduated from Minnesota State University, Mankato. [1]

Career

Annexstad started his career in marketing at the Federated Mutual Insurance Company in 1965. [2] He served as its President and Chief Executive Officer from 1999 to 2012, and as its Chairman from 2000 to 2012. [1] [2] He retired in 2012. [2]

Annexstad was inducted into the Minnesota Business Hall of Fame in 2006. [3] He was the 2010 recipient of the Horatio Alger Award from the Horatio Alger Association of Distinguished Americans. [1]

Philanthropy

Annexstad co-founded the Annexstad Family Foundation with his wife in 2000. [2] Through their foundation, they give scholarships to Big Brothers Big Sisters alumni who attend college. [2]

He serves on the Board of Trustees of Gustavus Adolphus College. [1] He was the 2005 recipient of an honorary doctorate from the college. [2]

Personal life

Annexstad has a wife, Cathy. [2]

References

  1. 1 2 3 4 "2010 Horatio Alger Award Winner: Albert T. Annexstad". Horatio Alger Association of Distinguished Americans. Retrieved November 10, 2015.
  2. 1 2 3 4 5 6 7 Jackson, Jeffrey (June 15, 2012). "Owatonna-based Federated Insurance announces retirement of Al Annexstad". Owatonna People's Press. Owatonna, Minnesota. Retrieved November 11, 2015.
  3. Kelly, Patricia (July 1, 2006). "Al Annexstad". KYCR . Archived from the original on September 12, 2015. Retrieved November 11, 2015.