W.A. (Bill) Krause
Originally from Eldora, Iowa, W.A. Krause graduated with honors from the University of Iowa with a B.A. degree in journalism in 1957. In 1959, he formed a small business partnership with his father-in-law, T.S. Gentle, and pioneered the convenience store concept where townspeople could purchase milk, bread, and eggs in addition to their gasoline and car wash. It was the birth of Kum & Go convenience stores.
Today, Krause Gentle owns more than 445 Kum & Go convenience stores in 13 states, and Kum & Go's 3,500 associates serve more than one-quarter-of-a-million customers every day. Kum & Go is Iowa's largest privately held and the United States' 22nd largest convenience store chain.
In addition to serving as chairman and chief executive office of Krause Gentle, he was chairman of the board of the Chieftain Corporation, Liberty Bank Iowa, and several other businesses. He served on many philanthropic boards and community organizations.
Krause was a member of the Tippie College's Board of Visitors (now called the Tippie Advisory Board), he also was a member of national I-Club and the Presidents Club. He received the 2004 Iowa Football Players Appreciation Award, the 2000 University of Iowa Alumni Association Distinguished Alumni Award, and the 2007 NCEA Seton Award for his philanthropic support of Catholic education. He received the Oscar C. Schmidt Iowa Business Leadership Award in 2007.
Krause passed away June 19, 2013.