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Henry (“Hank”) Madden


Posted By: Sarah Fletcher (email)
Date: 12/7/2017 at 11:24:06

Henry (“Hank”) Madden of Iowa City passed away on December 1, 2017 at the age of 88 years after a long illness. He was born in Detroit to Charles and Helen Madden weeks before the 1929 Crash, and grew up in Minneapolis with his siblings Chuck, Betty (Sister Bianca), John and Patrick.
He is survived by his wife Mary Anne (nee Costello); daughters Lynn Madden and Kathy Madden Williams (Gerry), son Mark Madden (Beverly); 10 grandchildren; stepchildren Annie Braverman (Tom), and Matt, Tim and Nick Volm. He is pre-deceased by his parents, brother Chuck and granddaughter Cate.

He attended high school at St. Thomas Military Academy, earned a BSME at University of Notre Dame (VP Class of ’51), and a MBA at the University of Pittsburgh. He completed Marine basic training and then served the US Navy from 1953-56, earning the rank of Lieutenant Commander and a National Defense Medal.
He started as a production engineer with 3M (in Minneapolis, Chattanooga), and rose to management at Allis Chalmers (Pittsburgh), and Harnischfeger (Cedar Rapids), and then promoted to President of Harnischfeger International (Germany). His business travels took him to Western and Eastern Europe, Russia, the Mideast and Africa. Returning in 1986, he spent the next twenty years teaching at the University of Iowa business school while consulting on business strategy and corporate turnarounds. He served on the boards of two private equity funds, including MACC Private Equities and InvestAmerica.
He was the founding Director of the Institute for Entrepreneurial Management at the University of Iowa, whose mandate was to educate students and executives on launching and managing businesses, and to connect students with career opportunities at emerging growth companies. With the fall of communism, he expanded the program to Eastern Europe by forming a consultant internship program for students to support East European companies transforming their businesses to compete in market economies. He developed a very successful learning program with an international element long before most American business schools contemplated entrepreneurial and international learning modules.
Hank served a number of non-profit organizations, as President of United Way and as a Director of Junior Achievement, Rotary Club, and as Treasurer of New Pioneer Food Co-op. He also devoted time to local people in need by tutoring local high school students on math and reading and driving elderly people to doctor appointments.
Hank was a man of many vocations: Engineer, Corporate Executive, Educator, Historian, and very often Philosopher and Political Commentator. Above all, he was a reliable and loyal friend to all who knew him.

A celebration of his life will be held on December 16, starting with an 8:30 am Mass of Christian Burial at St. Mary’s Church in Iowa City, followed by a non-denominational Memorial Service and Reception at 11:30 am at the Unitarian Universalist Society, 2355 Oakdale Road in Coralville.

Lensing Funeral & Cremation Service

Johnson Obituaries maintained by Cindy Booth Maher.
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