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1957 Horatio Alger Award Winner

Alwin F. Franz*

Chairman of the Board and President
Colorado Fuel & Iron Corporation

"Develop your leadership skills and you will go far."

Alwin Franz began working at the age of 10 when, because of his father's death, he became the family breadwinner. He delivered newspapers in his home town of Cleveland, Ohio. His working day started at 4 a.m. and continued long after school. The $3.75 he earned supported his mother, three brothers, and two sisters. Franz attended the University of Illinois for two years, but World War I interrupted his schooling. After his release from the Army as a lieutenant in 1919, he was employed by the Otis Steel Company as an open-hearth pitman. He became general superintendent at Wickwire Spencer Steel Company, which later merged with Colorado Fuel and Iron. Eventually, Franz became a vice president of Colorado Fuel and Iron, and in 1952 he was named president. Under his dynamic leadership, Colorado Fuel and Iron expanded greatly.

* Deceased