GLENN W. BOSTROM RECEIVES PRESTIGIOUS LIFETIME ACHIEVEMENT AWARD FROM IAAMC
IAAMC acknowledges Bostrom founder as leader in association management.

CHICAGO, August 12, 2004 – Bostrom Corporation has announced that company founder Glenn W. Bostrom will receive the Lifetime Achievement Award from the International Association of Association Management Companies (IAAMC) at the organization’s 40th Anniversary and Awards Dinner being held in Minneapolis, Sunday, August 15.

Glenn began his association career in 1949 as executive director of the National Association of Soft Water Service (NASWS). After four years with the association, Glenn moved on to industry, working for water-treatment and manufacturing companies in California and the Midwest. Based on his industry and nonprofit experience, Glenn came to believe that managing multiple associations made excellent business sense. In 1965, with more than 25 years of association and community service experience, Glenn purchased and renamed a Chicago-based association management company, known today as Bostrom Corporation.

Glenn brought his expertise to Bostrom and created significant change in the association management company (AMC) industry. He is most well known for his development of a unique, multiple management approach that tied all functions to a unified accounting code. The system has been integrated into a new infrastructure and is still used very effectively today.

“We are so proud to see Glenn receive this honor,” says Ken Monroe, president & CEO of Bostrom Corporation. “Glenn has made an indelible impact on the AMC industry with his leadership, dedication and experience. Bostrom Corporation remains an AMC leader today because of Glenn’s insight and initiative 40 years ago.”

In addition to his years of work in the industry, Glenn has also contributed greatly to community and charitable organizations such as Rotary International, Roosevelt University, Cornell College, Iowa Wesleyan College, Lion’s Club and the Masons.

Glenn has received numerous accolades for his service in the industry, in particular the ASAE Lifetime Achievement Award he received in 1995. In addition, IAAMC presents an annual award named The Glenn W. Bostrom Award for Service, Quality and Excellence, an honor to his professional and lasting contributions to association management.

Glenn remains an active member of Bostrom Corporation’s board of directors and resides in the northwest suburbs of Chicago.

This is the first year IAAMC is presenting the Lifetime Achievement Award in addition to seven other awards honoring individuals in the AMC industry. IAAMC is a trade organization of 173 AMCs.