Larry Horsch was born and raised in Minneapolis, MN and grew up in a working-class neighborhood, the oldest of four children. He graduated from Marshall High School in the top 10% of his class academically, earned seven Varsity letters in three major sports, and organized and directed a seven-piece dance band. He graduated from the University of St. Thomas with Honors and Northwestern University with an MBA in Finance. Both universities were attended on full scholarships. He later became a Chartered Financial Analyst. 

After serving two and a half years as a Lieutenant with top secret clearance in the U.S. Air Force where he briefed a major general every business day, he returned to Minneapolis in 1961 and joined PaineWebber as an investment banker. Five years later, he joined Carlson Companies and headed its in-house investment company, managing Curt Carlson’s personal wealth. (Mr. Carlson owned Gold Bond Stamps, Radisson Hotels, TGIF Restaurants and other operating companies) The performance of the investment portfolio consistently beat the previously selected mutual fund competition. 

In 1971, he founded Eagle Investment Corporation and served as its President, and CEO, until 1987. Eagle specialized in early stage ventures and corporate revitalizations. It made very early investments in Cray Research and Sci-Med Life Systems. Eagle compounded its capital at 22.3% annually over 17 years, with a corporate goal of 22.5%. 

In 1987, as a member of the board of Munsingwear, Inc., he agreed to serve for three years as CEO to stabilize the 200 million dollar NYSE apparel company after it suffered major financial difficulties. The effort resulted in making the company profitable in 18 months, and later down-sizing it to redirect it toward executing a new strategy. 

His venture firm provided the first outside capital and he was the unofficial, non-executive Chairman of Sci-Med Systems from 1971 (its founding) until 1977. Thereafter, he served as its official non-executive Chairman until 1994. The company was merged with Boston Scientific for 1.1 Billion dollars in 1995. He served as a Director of Boston Scientific and Chairman of the Compensation Committee of the board through 2003. 

Since 1990, through his consulting firm Eagle Management and Financial Corp., he has advised many CEOs and continued his activities as a long-standing member of the University of St. Thomas MBA Adjunct Faculty teaching middle managers in the areas of entrepreneurship, managing change, and corporate revitalization through 2002. He also served as a director and vice-chairman of Gillette Children’s Specialty Healthcare through 2006, and director of Consolidated Lumber Company through 2015. 

He currently serves as Chairman of Leuthold Funds, a $1 billion dollar mutual fund organization, Chairman of Somero Enterprises, an international manufacturer of concrete placement equipment traded on the London Stock Exchange, and Chairman of Pioneer Sale Group, a regional manufacturers rep company selling electrical products. 

During his career he has served on 26 boards of directors, invested in 30 venture projects and conducted four corporate revitalizations. 

He and his wife Kay have five grown children, six grandchildren and six great-grandchildren and reside in Minneapolis, MN. Kay is the former Chairman of the National Board of the American Cancer Society and both are listed in Who’s Who in America.

Contact Mr. Horsch here.