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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

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