Herbert M. Hanson, Jr.

Outstanding Achievement Award Recipient

Carlson School of Management, September 27, 2006

Herbert Hanson, Jr., earned a bachelor's degree in economics in 1949 from the University of Minnesota. After postgraduate work at the Wharton School of Business, he took a position with Wells Fargo in San Francisco. A distinguished career in financial management followed. After advancing at firms such as Dean Witter; Paine, Webber, Jackson & Curtis; J. Barth and Co.; and Stone and Webster Securities Corp., he went on to lead his own business. In 1973 he founded Hanson Investment Management. And, for twenty years he served as president and CEO until his retirement in 1993. He is described as "an enthusiastic supporter of experiential learning and believes that students need to learn the practical aspects of the money management business, such as how to find investors, market to and serve them, build a portfolio, and make an immediate impact at a company." His dedication to the education of others is unsurpassed. In 2000 he established the Arthur R. Upgren Endowed Chair in Investment Management at the Carlson School of Management, in honor of his favorite professor. He has served as a mentor to many students and believes strongly in giving back. He has served on the Carlson School's Board of Overseers and has worked closely with faculty on the Carlson Funds Enterprise and developing an investment management course. He has given generously of both his time and financial resources to the University of Minnesota. In addition, he has been involved in numerous organizations such as Little League, Boy Scouts, the Pacific Union Club, and the University of Minnesota's Alumni Association's San Francisco Chapter.

Biographies are as-of time of award presentation.