Minnesota State Mankato's Alumni Association to Present Distinguished Alumni Awards on Jan. 27

January 12, 2024 | News Story

Mankato, Minn. – Minnesota State University, Mankato’s Alumni Association will present distinguished alumni awards to four graduates in an event on campus Saturday, Jan. 27. (NOTE: The event is not open to the public.) The honorees will also be recognized at that evening’s Maverick men’s hockey game against Northern Michigan. Game time is 6:07 p.m. at the Mayo Clinic Health System Events Center. Ticket information is available here.

The distinguished alumni honorees include Craig Lloyd (Sioux Falls, South Dakota), a 1972 graduate who serves as chairman of the board for Lloyd Companies, a regional enterprise specializing in full-service development, real estate, construction, property management and hospitality; Akram Osman (Mankato, Minnesota), who has earned four undergraduate and graduate degrees (2012, 2015, 2017, 2022) from the University and currently serves as the principal at Mankato East High School, the same school from which he graduated in 2009; and Ann and Randy Reichert (Circle Pines, Minnesota). Ann Reichert, a 1980 graduate, worked as an accountant and office manager during her career, while Randy Reichert retired after almost 40 years of mortgage banking.

Lloyd will receive the Achievement Award, which is presented to graduates who have achieved high rank or honor in their professions, had widespread effect on their communities and are recognized for their achievements over the course of their careers.

Lloyd founded his Sioux Falls-based company in 1972 and has steered its growth from a single multifamily property to a diversified portfolio that encompasses thousands of apartments and mixed-use, office and retail developments.

Lloyd has received numerous honors from industry and regional organizations. A long-time supporter of Minnesota State Mankato, Lloyd has served on the University’s Foundation Board and is a founding sponsor of the Big Ideas Challenge, which gives students a chance to present business plans and compete for funding. Lloyd and his wife, Pat, have been married for 52 years and in business together for 51 years.

Osman will receive the Outstanding Young Alumni Award, which honors graduates who have reached personal and/or professional achievements early in their careers, positively impacted their communities and show promise for continued success.

Osman’s colleagues have commended him for his commitment to his values, praising his ability to navigate challenges while ensuring the well-being of students, families and staff.

In addition to his work in the classroom, Osman has been a coach and remains involved in the community as well. Osman and his wife, Chelsy, live in Mankato with their three children.

Ann and Randy Reichert will receive the Harold J. Fitterer Service Award, which is awarded to alumni who have provided exceptional service to Minnesota State Mankato, their communities and the world through their time, talent and treasure.

Both Randy and Ann were active in Greek life as students at Minnesota State Mankato, and both have remained involved since graduating as well. The Reicherts developed a mentoring program to connect Phi Delta Theta students with alumni professionals in their respective fields. In recent years, they have also established the Reichert Family Phi Delta Theta Endowment and contributed to the Stephen C. Jensen scholarship, reflecting their commitment to fostering education and empowering the next generation of leaders. They have also been engaged in working with the University on a plan to establish Greek housing on campus.

The Reicherts have two adult sons and three grandchildren, with a fourth on the way.

More information on the awards is available at https://www.mnsu.edu/alumni-portal/alumni-association/distinguished-alumni-awards/.

Minnesota State Mankato, a comprehensive university with 14,635 students, is part of the Minnesota State system, which includes 26 colleges and seven universities.

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