Profiles in Leadership - UW-Milwaukee
Profiles in Leadership - UW-Milwaukee
Profiles in Leadership - UW-Milwaukee
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Honors<br />
Hans G. Storr Recognized<br />
with Honorary Doctorate<br />
Hans G. Storr, Retired Executive<br />
Vice President of Philip Morris<br />
Companies (now Altria Group,<br />
Inc.), was awarded an Honorary<br />
Doctorate <strong>in</strong> Commercial Science from<br />
the University of Wiscons<strong>in</strong>–<strong>Milwaukee</strong> at<br />
its Spr<strong>in</strong>g Commencement ceremony.<br />
<strong>UW</strong>M’s honorary degree recognizes a<br />
career of extraord<strong>in</strong>ary accomplishment,<br />
evidenced by the sum and dist<strong>in</strong>ction of<br />
the <strong>in</strong>dividual’s professional achievements,<br />
extraord<strong>in</strong>ary <strong>in</strong>tellectual merit, and<br />
personal <strong>in</strong>tegrity.<br />
In bestow<strong>in</strong>g the degree, Chancellor<br />
Carlos Santiago said, “Hans Storr, a 1961<br />
graduate of our account<strong>in</strong>g program, is<br />
arguably one of <strong>UW</strong>M’s most prom<strong>in</strong>ent<br />
alumni, hav<strong>in</strong>g atta<strong>in</strong>ed <strong>in</strong>ternational<br />
recognition and acclaim <strong>in</strong> the fi eld of<br />
corporate fi nance.”<br />
Hans Storr left post-war Europe <strong>in</strong> 1954<br />
at the age of 22 with a one-way ticket to<br />
Lubar School Dean V. Kanti Prasad presents Hans G. Storr with his doctoral hood.<br />
<strong>Milwaukee</strong>, <strong>in</strong> search of opportunity and<br />
a better future. He found both at a level<br />
that few people atta<strong>in</strong>.<br />
After earn<strong>in</strong>g his degree, Storr jo<strong>in</strong>ed<br />
Milpr<strong>in</strong>t Company <strong>in</strong> <strong>Milwaukee</strong> as an<br />
accountant. In 1957, Milpr<strong>in</strong>t was acquired<br />
by Philip Morris, and there began Mr.<br />
Storr’s steady rise as a corporate fi nancier.<br />
Mr. Storr was transferred to Philip Morris<br />
International <strong>in</strong> 1966, where he served as<br />
Staff Assistant to the Vice President of<br />
F<strong>in</strong>ance. He was selected as Vice President<br />
of F<strong>in</strong>ance of the company’s European,<br />
Middle Eastern, and African operations<br />
<strong>in</strong> 1974, and became corporate Vice<br />
President of F<strong>in</strong>ance <strong>in</strong> 1978. His ascendancy<br />
<strong>in</strong>to the executive ranks cont<strong>in</strong>ued,<br />
as he was named Chief F<strong>in</strong>ancial Offi cer<br />
<strong>in</strong> 1979, and elected Executive Vice<br />
President and Chief F<strong>in</strong>ancial Offi cer <strong>in</strong><br />
1991. In 1982, he took on the additional<br />
responsibilities of Chairman and CEO<br />
of Philip Morris Capital Corporation.<br />
A member of the Board of Directors of<br />
Philip Morris <strong>in</strong> 1982, Mr. Storr held<br />
these prestigious positions until his<br />
retirement from the company <strong>in</strong> 1996.<br />
Geoffrey C. Bible, Retired Chairman of<br />
Altria Group, Inc., who worked with Storr<br />
for almost 30 years, noted of his<br />
outstand<strong>in</strong>g career: “As the years passed<br />
by, Hans’ reputation <strong>in</strong> the fi nancial<br />
world both here and abroad grew<br />
exponentially, and it is my op<strong>in</strong>ion he was<br />
considered to be the most effective and<br />
impressive CFO of all the large public<br />
companies <strong>in</strong> America.”<br />
“Hans Storr’s career achievements vividly<br />
demonstrate the fruits of hard work, the<br />
value of personal <strong>in</strong>tegrity, the power of<br />
<strong>in</strong>tellect, and the transformative impact<br />
of higher education,” said Lubar School<br />
of Bus<strong>in</strong>ess Dean V. Kanti Prasad. “He<br />
serves as a great role model for younger<br />
generations of our students.”<br />
FALL 2007 3