Ray B. Mundt
Ray B. Mundt, 87, the widower of a former Stevens Point
woman and the donor of the largest single gift to the University of
Wisconsin-Stevens Point (UWSP), died peacefully at his Bryn Mawr, Pa., home
Friday, April 29, 2016.
Services will be held at 11 a.m. Saturday, May 7, at the
Cattermole-Klotzbach Funeral Home in Royersford, Pa., with the Rev. George S.
Harmansky officiating. Entombment will be in the Good Shepherd Mausoleum at
Limerick Garden of Memories.
Visitation will be at the funeral home from 6 to 7:30 p.m.
Friday, May 6, and again from 10 a.m. Saturday until the services.
Condolences may be offered online at
www.campbellennisklotzbachfuneralhome.com.
Mr. Mundt was born Aug. 10, 1928, in Appleton, a son of the
late Benjamin and Jessie Viola Mundt.
He served in the U.S. Navy.
He attended Carthage College and then graduated from UWSP (formerly
Wisconsin State College), and later Harvard Business School.
He was married to Ruth Stanchik of Stevens Point 63 years
ago. She died Sept. 1, 2014.
In 1953, he went to work for Kimberly-Clark as a paper
salesman and later became a vice president and general manager.
In 1970, he was recruited by ALCO Standard Corporation,
paper distribution group to eventually become COO, president, CEO and chairman
of the Board by 1986. During this time, ALCO acquired over 140 companies and
grew to an $8 billion company. He retired in 1994, but returned to take
Unisource Worldwide public in 1996.
A board member of many corporations including Temple
University, Clark Equipment, CoreStates Bank (now Wells Fargo), Liberty Mutual
Financial and Liberty Mutual Insurance and ALCO and other civic organizations,
he was a Global Jewish Advocacy Honoree, a Paper Industry International Hall of
Fame Inductee and a Distinguished Alumnus Award recipient from UWSP.
Mr. Mundt and his wife provided $2.5 million in 2003,
considered to be the largest in the history of UWSP, to establish a center for
entrepreneurship in the Division of Business and Economics and to enhance the
offerings in business ethics.
Once he retired again, he spent his time between his Florida
home and his Pennsylvania and Wisconsin homes. He traveled to many fishing
locations and recorded three Grand Slams.
Survivors include two sons, William C. (Diane) Mundt,
Loxahatchee, Fla., and Robert J. (Jennifer) Mundt, Chester Springs, Pa.; six
grandchildren; and nine great-grandchildren.
He was also preceded in death by son, R. Scott Mundt; one
daughter, Mary Klumpp; and a granddaughter.