Henry Tippie

Henry Tippie
Born(1927-01-05)January 5, 1927
Belle Plaine, Iowa, U.S.
DiedFebruary 20, 2022(2022-02-20) (aged 95)
Austin, Texas, U.S.
EducationUniversity of Iowa (BSC)
Occupation(s)Businessman, investor, philanthropist
Years active1944–2022
SpousePatricia Tippie

Henry Bokholt Tippie[1] (January 5, 1927 – February 20, 2022) was an American businessman. As part of the Rollins Corporation he was a key member of the team that purchased Orkin via one of the first large leveraged buyouts in American corporate history.[2] In 2018, Tippie became the 17th member of the NYSE Wall of Innovators.[2]

Early life and education

Tippie was born in Belle Plaine, Iowa, on January 5, 1927.[3] He was raised on a farm in rural Iowa.[4][5][6] Upon graduation from high school, Tippie enlisted in the Army Air Force on the day before D-Day. He served in the Pacific theater. [7] After his service in World War II, Tippie leveraged the G.I. Bill to enroll at the University of Iowa, studying to become a CPA.[7]

Career and philanthropy

Tippie played key roles at numerous firms, including Rollins, Dover Gaming and Dover Motor Sports.

He supported numerous causes. A 1999 donation to the University of Iowa stands as the largest individual contribution to date,[4] resulting in the Tippie College of Business being named in his honor. Allegheny College's Tippie Alumni Center was named after the couple.[8]

Tippie was a Gold Life member of the Commemorative Air Force (CAF) from 1977 until his death and was a founding member of the CAF's American Airpower Heritage Foundation. He was also a member of the CAF B-29/B-24 Squadron, one of several CAF units based at the CAF National Airbase at Dallas Executive Airport. The CAF's flagship museum, the National Aviation Education Center (NAEC), is named in his honor.[9]

Death

Tippie died on February 20, 2022, at the age of 95.[10]

References

  1. ^ "Draft Registration Card". Selective Service System. January 1947. Retrieved November 13, 2022 – via fold3.com.
  2. ^ a b "Henry B. Tippie". uiowa.edu. Archived from the original on January 4, 2021 – via Wayback Machine.
  3. ^ "Henry B. Tippie Annex". Belle Plaine Area Museum. Retrieved December 20, 2020.
  4. ^ a b ""Tippie College of Business celebrates 20 years with Tippie name"". Daily Iowan. Retrieved December 20, 2020.
  5. ^ ""HENRY B. TIPPIE"". Junior Achievement. Retrieved December 20, 2020.
  6. ^ ""Henry Tippie rings New York Stock Exchange closing bell, makes exchange history"". August 10, 2018. Retrieved January 30, 2021.
  7. ^ a b ""UI honors five with Hawkeye Distinguished Veterans Memorial Awards"". University of Iowa. November 7, 2016. Retrieved December 20, 2020.
  8. ^ ""Meet the Tippies – Patricia Bush Tippie '56 and Henry B. Tippie"". Allegheny College. Retrieved December 20, 2020.
  9. ^ "Henry B. Tippie". flynaec.org. American Airpower Heritage Museum. Retrieved November 13, 2022.
  10. ^ Krejci, Cleo (February 21, 2022). "University of Iowa's business college namesake, Henry B. Tippie, dies at 95". Iowa City Press-Citizen. Retrieved February 21, 2022.