2024 Distinguished Alumni Awards

The purpose of the Distinguished Alumni Awards is to honor alumni who have enhanced the reputation of the University through their actions, hard work and achievement.

Distinguished Alumni Awards Event Information


2024 Achievement Award

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Craig Lloyd '72

Craig Lloyd is a visionary leader and entrepreneur who currently serves as the chairman of the board for Lloyd Companies, a regional enterprise specializing in full-service development, real estate, construction, property management, and hospitality.

Since founding the Sioux Falls-based company in 1972, Craig has steered its growth from a single multifamily property to a diversified portfolio that encompasses thousands of apartments and some of the region's most distinguished mixed-use, office, and retail developments. His comprehensive expertise has been instrumental in overseeing the development of more than 7,000 apartment units, two million square feet of commercial space, and more than 700 acres of land for mixed-use projects.

Beyond his professional achievements, Craig has also received numerous honors from industry and regional organizations. He is a member of the South Dakota Hall of Fame and the recipient of the Spirit of Sioux Falls Leadership Award.

Craig has served on the Minnesota State University, Mankato Foundation Board and is a longtime supporter of the University. He is a founding sponsor of the Big Ideas Challenge, which gives students a chance to present business plans and compete for funding.

Craig and his wife Pat have been married for 52 years and in business together for 51 years.


2024 Outstanding Young Alumni Award

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Akram Osman '12, '15, '17, '22

Akram Osman laid the foundation for his career in education by obtaining a total of four undergraduate and graduate degrees from Minnesota State University, Mankato. Over the past decade, he has held several leadership positions at schools around the state, including his current position as the principal at Mankato East High School—the same school from which he graduated in 2009.

Akram is committed to inspiring students to recognize and reach their potential, fostering an environment where equity is at the forefront. His 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, Akram has been a coach and remains involved in the community as well.

Akram and his wife Chelsy ’07, ’15 live in Mankato with their three children.


2024 Harold J. Fitterer Service Award

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Ann '80 and Randy '79 Reichert

Randy and Ann Reichert’s commitment to service, philanthropy and community building has left an indelible mark on their alma mater and their communities.

Both Randy and Ann were active in Greek Life as students at Minnesota State Mankato, and both have remained involved since graduating as well. Recognizing the importance of mentorship, 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 establishing Greek housing on campus.

Randy, who is retired after almost 40 years working in mortgage banking, has served six years on the Alumni Board, including a term as president. He played a pivotal role in steering the boards strategic initiatives.

Ann worked as an accountant and office manager and is an active volunteer with her church, the Ronald McDonald House and other organizations. She belongs to P.E.O., a philanthropic educational organization provides opportunities to women through scholarships, grants and projects.

Randy and Ann live in Blaine, Minnesota. They have two adult sons and three grandchildren, with a fourth on the way.