The Citadel Alumni Association has named Los Altos Hills resident Bill Krause The Citadel’s Alumnus of the Year for 2013.
The Citadel Nov. 1 unveiled a portrait of Krause for its Distinguished Alumni Gallery.
A fellow alumnus nominated Krause, who was then approved by the school’s Board of Visitors.
Inclusion in the gallery is limited to graduates who, through their achievements in the years following graduation, bring honor to the school in any field of civilian or military endeavor. The Citadel is located in Charleston, S.C.
Earlier this year, Krause and his wife, Gay, donated $9.1 million to support, advance and endow the college’s leadership development curriculum. The gift places the Krauses among the top three lifetime donors in the college’s history.
Krause graduated from The Citadel in 1963 with a degree in electrical engineering. He received an honorary doctorate of science in 2000.
He is president of LWK Ventures, a private investment firm specializing in mentor capital.
Krause guided 3Com Corp. through its high-growth years in the 1980s as president and CEO, and subsequently as chairman of the board through 1993, when he retired. Krause’s leadership transformed 3Com from a venture capital start-up into a $1 billion-plus data networking company.
The Citadel’s Krause Center for Leadership and Ethics was created in 2003 with a $2 million gift from the Krauses.
Krause reinforced that the support for The Citadel is a team effort shared with Gay, a former teacher, counselor and middle school principal who founded the Krause Center for Innovation, a teacher training center at Foothill College.