Press conference: Norm Asbjornson's $50 million gift to engineering at Montana State University
Norm Asbjornson, a Montana State University alumnus and Montana native from the small town of Winifred, has committed to give ...
Founder & Director, Aaon
Search every verified Norman Asbjornson interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Norman Asbjornson, founder and director of AAON, committed $50 million to Montana State University’s College of Engineering in 2014. At a press conference announcing the gift, Asbjornson said he considered it a responsibility to give back to those who helped him succeed, including MSU and his hometown of Winifred, Montana. He placed stock in escrow to guarantee the donation and encouraged others to contribute to the university’s plans for an innovative, collaborative educational structure. Asbjornson also reflected on his career and personal philosophy. He described being recruited to lead a small Tulsa, Oklahoma company, which he grew into AAON, citing 25 consecutive years of 10.8% compounded growth. He attributed his success to lessons in honesty from his parents, emphasizing the importance of self-honesty and learning from failure. He noted that he considered being born in the United States a privilege and shared his view that those who are most successful have often failed the most.
“I think it's an absolute must for everyone to give back to what made them successful. I had a lot of help from MSU and Winifred. I can't repay those who helped me for their gun but I can give to the Next Generation. I think everyone should balance the books and thank those people and institutions who help them and also...”
“I have put stock equal in escrow so they're assured the money's going to be there. I haven't done it yet I've got to go back and get it done but I will have it done it'll be there in probably a couple three weeks and I ask of you if you have any ability to influence anybody or if you are capable of yourself in any way...”
“We have in 25 years had 10.8% compounded growth for 25 consecutive years sometimes up and sometimes down but take the 25 years and that what's H figures profitability has increased 24% per year for 25 years and the equity in the company has increased 26% in that time so at any point when somebody got on and they're pro...”
“The most crucial thing that I've realized what was taught to me so clearly by my parents was honesty and forthright and honesty doesn't come just for being honest from me to you the biggest lack of honesty we all have is with ourselves we say you know I could have done that but that person or that situation prevented m...”
Norm Asbjornson, a Montana State University alumnus and Montana native from the small town of Winifred, has committed to give ...
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