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3 February 2000

Stevens awards Shotmeyer first-ever entrepreneur award

Award named in honor of late alumnus, Charles V. Schaefer Jr. ’36

HOBOKEN, N.J. — On Nov. 18, 1999, friends and family bid farewell to entrepreneur and well-known New Jersey business leader Charles V. Schaefer Jr. On Feb. 10, they will celebrate his life and work by awarding Henry Shotmeyer Sr., chief executive officer of Shotmeyer Bros. Company, the first-ever entrepreneur award presented by Stevens Institute of Technology. Shotmeyer lives in Franklin Lakes, N.J., and the company is based in Hawthorne, N.J.

Shotmeyer will receive the Charles V. Schaefer Jr. Entrepreneur Award during a celebration of Schaefer’s life at 4 p.m. Thursday, Feb. 10, in the Charles V. Schaefer Jr. Athletic and Recreation Center, on Stevens’ central campus.

Schaefer dedicated his life to his family, church, business and his alma mater. Stevens is pleased to acknowledge the outstanding contributions of this special alumnus with a memorial program and award. Shotmeyer was chosen as the first recipient for the award for his success as an entrepreneur in the petroleum industry and his contributions to his community.

Shotmeyer, now 95 years old, came to the United States from Holland in 1925 with his parents and brother, Albert. The brothers bought and ran a service station in Hawthorne, N.J., and relied on strong customer service to make up for what they lacked financially. It paid off. After five years, the Shotmeyers became exclusive petroleum distributors in northern New Jersey for Getty Oil Corp. with multiple stations. In 1994, Mobil Oil recognized the Shotmeyers as the fuel company’s oldest distributor in the United States. In addition to their booming business, the Shotmeyer brothers offered support to many community projects and charitable organizations.

NOTE TO REPORTERS: For more information, contact Jaimee Moore at the number above.

About Stevens Institute of Technology

Founded in 1870, Stevens Institute of Technology is one of the leading technological universities in the world dedicated to learning and research. Through its broad-based curricula, nurturing of creative inventiveness, and cross disciplinary research, the Institute is at the forefront of global challenges in engineering, science, and technology management. Partnerships and collaboration between, and among, business, industry, government and other universities contribute to the enriched environment of the Institute. A new model for technology commercialization in academe, known as Technogenesis®, involves external partners in launching business enterprises to create broad opportunities and shared value.

Stevens offers baccalaureates, master’s and doctoral degrees in engineering, science, computer science and management, in addition to a baccalaureate degree in the humanities and liberal arts, and in business and technology. The university has a total enrollment of 2,150 undergraduate and 3,500 graduate students, with about 250 full-time faculty. Stevens’ graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America. Additional information may be obtained from its web page at www.stevens.edu.  

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Stevens Institute of Technology, Castle Point on Hudson, Hoboken NJ 07030-5991 USA +1.201.216.5000