Henry Tippie

Henry B. Tippie (January 5, 1927 – February 20, 2022) was an American businessman. As part of the Rollins Corporation, he is now featured on the NYSE Hall of Fame, for pioneering the leveraged buyout with the 1964 acquisition of Orkin.[1]

Henry Tippie
Born(1927-01-05)January 5, 1927
DiedFebruary 20, 2022(2022-02-20) (aged 95)
EducationUniversity of Iowa (BSC)
OccupationBusinessman, investor, philanthropist
Years active1944–2022
Spouse(s)Patricia Tippie

Early life and education

Tippie was born in Belle Plaine, Iowa, on January 5, 1927.[2] He was raised on a farm in rural Iowa.[3][4][5] Upon graduation from high school, Tippie enlisted in the Army Air Force on the day before D-Day. He served in the Pacific theater. [6] 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.[6]

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,[3] resulting in the Tippie College of Business being named in his honor. Allegheny College's Tippie Alumni Center was named after the couple.[7]

Tippie has been a Gold Life member of the Commemorative Air Force (CAF) since 1977 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.[8]

Death

Tippie died on February 20, 2022, at the age of 95.[9]

References

  1. ""HENRY B. TIPPIE"". July 26, 2016. Retrieved January 30, 2021.
  2. "Henry B. Tippie Annex". Belle Plaine Area Museum. Retrieved December 20, 2020.
  3. ""Tippie College of Business celebrates 20 years with Tippie name"". Daily Iowan. Retrieved December 20, 2020.
  4. ""HENRY B. TIPPIE"". Junior Achievement. Retrieved December 20, 2020.
  5. ""Henry Tippie rings New York Stock Exchange closing bell, makes exchange history"". August 10, 2018. Retrieved January 30, 2021.
  6. ""UI honors five with Hawkeye Distinguished Veterans Memorial Awards"". University of Iowa. November 7, 2016. Retrieved December 20, 2020.
  7. ""Meet the Tippies – Patricia Bush Tippie '56 and Henry B. Tippie"". Allegheny College. Retrieved December 20, 2020.
  8. "National Education Aviation Center".
  9. 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.
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