Albert T. Annexstad

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

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. "2010 Horatio Alger Award Winner: Albert T. Annexstad". Horatio Alger Association of Distinguished Americans. Retrieved November 10, 2015.
  2. 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.


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