Albert T. Annexstad is an American businessman and philanthropist.

Early life

Minnesota Minnesota ( ) is a U.S. state, state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the so ...

-born Annexstad graduated from

Minnesota State University, Mankato Minnesota State University, Mankato (MNSU, MSU, or Minnesota State) is a public university in Mankato, Minnesota, United States. It is Minnesota's second-largest university and has over 145,000 living alumni worldwide. Founded in 1868, it is t ...

Career

Annexstad started his career in marketing at the Federated Mutual Insurance Company in 1965. He served as its President and Chief Executive Officer from 1999 to 2012, and as its Chairman from 2000 to 2012. He retired in 2012. Annexstad was inducted into the Minnesota Business Hall of Fame in 2006. He was the 2010 recipient of the Horatio Alger Award from the

Horatio Alger Association of Distinguished Americans The Horatio Alger Association of Distinguished Americans is a nonprofit organization based in Alexandria, Virginia, that was founded in 1947 to promote and ensure the American Dream for future generations, honor the achievements of outstanding Am ...

Philanthropy

Annexstad co-founded the Annexstad Family Foundation with his wife in 2000. Through their foundation, they give scholarships to Big Brothers Big Sisters alumni who attend college. He serves on the Board of Trustees of

Gustavus Adolphus College Gustavus Adolphus College ( ) is a private liberal arts college in St. Peter, Minnesota, United States. It was founded in 1862 by Swedish Americans led by Eric Norelius and is affiliated with the Evangelical Lutheran Church in America. Gustavu ...

. He was the 2005 recipient of an honorary doctorate from the college.

Personal life

Annexstad has a wife, Cathy.

References

Living people People from Nicollet County, Minnesota Minnesota State University, Mankato alumni American chairpersons of corporations American businesspeople in insurance American philanthropists Year of birth missing (living people) {{US-business-bio-1940s-stub