Albert Nicholas (CEO)
| Albert O. Nicholas | |
|---|---|
| Born |
January 24, 1931 Rockford, Illinois, U.S. |
| Died | August 4, 2016 (aged 85) Milwaukee, Wisconsin, U.S. |
| Nationality | United States of America |
| Education | University of Wisconsin–Madison (B.A., M.B.A.) |
| Occupation |
C.E.O. Businessman Chartered Financial Analyst |
| Employer | Nicholas Company, Inc. |
| Known for | All-American guard for the Wisconsin Badgers from 1949 to 1952 |
Albert O. "Ab" Nicholas (January 24, 1931 – August 4, 2016) was the chairman, CEO, and portfolio manager of Nicholas Company, Inc. founded in 1967 and based in Milwaukee, Wisconsin. In April 2010, he was one of four inducted into the Wisconsin Business Hall of Fame. According to Bloomberg Markets, "The Nicholas Fund, which he has run since 1969, has topped the Standard & Poor’s 500 Index by an average of 2 percentage points a year for the past 40 years and has beaten it every year since 2008.
Born on January 24, 1931 in Rockford, Illinois, Nicholas earned a Bachelor’s in Economics at the University of Wisconsin–Madison and played guard for the basketball team. He spent two years in the military prior to returning for an M.B.A. in Finance and Investments.
Nicholas began his career at the Northwestern National Insurance Company, where he worked as an investment analyst. He moved on to Marshall and Ilsley Bank before co-founding Nicholas Company.
He was a member of the Milwaukee Investment Analysts Society, and a Chartered Financial Analyst.
In March 2015, the Boys & Girls Clubs of Greater Milwaukee announced "that it has received a $2 million donation from longtime donor and trustee Albert "Ab" Nicholas to fund and develop a recreational basketball league within its clubs."
He also made significant contributions to the Milwaukee War Memorial Center as well as the University of Wisconsin. The donation of $50 million was made "to inspire other donors to create undergraduate and athletic scholarships and graduate fellowships for UW-Madison students. The gift will match, on a dollar-for-dollar basis, other donations made to support scholarship programs. The UW Foundation describes the Nicholas' donation as'the second-largest household gift in the university’s history.'", Another contribution to the school endowed a deanship for the University of Wisconsin-Madison Business School which had previously been paid with university funds.
Nicholas died on August 4, 2016, at the age of 85.
...
Wikipedia