Lee Garcia '67 was introduced to the world of economics and financial markets by Hamilton professors Sidney Wertimer and Martin Carovano. That introduction would not only greatly influence his future career path, but ultimately benefit his alma mater.
Garcia received Hamilton’s 2006 Volunteer of the Year Award during Fallcoming Weekend, recognizing his many service roles with the College, including more than a decade heading the trustee investment committee during a period that saw the endowment increase almost threefold.
An economics and Spanish major at Hamilton, Garcia acquired an M.B.A. degree from Cornell. Soon thereafter, he headed to Wall Street to make money “the old-fashioned way” as an assistant portfolio manager for Smith Barney. Moves to Texas and Minnesota followed, first as vice president and director of research for American General Capital Management, and subsequently for First Bank Minneapolis. He was director of equity investments for the IBM Retirement Fund when, in 1986, he struck out on his own, utilizing his entrepreneurial skills as managing director of Sasco Capital, the investment management firm he had founded.
By this time Garcia had also begun to take an active role as a volunteer for Hamilton. Elected an alumni trustee in 1988 and a charter trustee in 1992, he served as co- chair and chair of the board's investment committee for more than a decade. Although now a life trustee residing in Arizona, he continues to be concerned with the College’s financial welfare as an investment committee member.
Through the years, Garcia has volunteered with virtually every Hamilton fundraising program, from free agent for the Annual Fund to committee service in capital campaigns. In addition he has generously aided the College by endowing a student scholarship.
Garcia once noted that his increasing involvement with Hamilton stemmed from a growing appreciation of its role in preparing him for his entrepreneurial journey. The Alumni Council, on behalf of the Alumni Association, is pleased to salute Garcia for his many successes throughout that journey and the impact they have made at Hamilton.