Albert T. Annexstad is an American businessman and philanthropist.

Albert T. Annexstad
Alma materMinnesota State University, Mankato
OccupationBusinessman
SpouseCathy Annexstad
ChildrenThomas Annexstad Patti Marinovich

Early life

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

Career

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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

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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

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Annexstad has a wife, Cathy.[2]

References

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  1. ^ a b c d "2010 Horatio Alger Award Winner: Albert T. Annexstad". Horatio Alger Association of Distinguished Americans. Retrieved November 10, 2015.
  2. ^ a b c d e f g 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.