2007 Spring Commencement, Michael J. Maloof: Honorary Doctorate
Published on Apr 20, 2012 by nmsubusinesscollege
Michael J. Maloof: A Passion for Business.
“My father had a passion for business,” says his daughter Tammy Maloof, president of Joe G. Maloof Co. in Santa Fe. Indeed, Maloof’s two passions were his family and his business and he blended his love for both during a career that spanned more than five decades. He and his wife Dee were married 50 years and were the parents of five children – Judy, Michael, Helen, Sharon and Tammy.
As he earned recognition for his business savvy, he committed his “spare time” to serving the community, region and state though volunteer leadership with the Kiwanis, Great Southwest Boy Scout Council and Keep New Mexico Beautiful.
A member of the class of 1955, Maloof was honored twice by the College of Business – distinguished alumnus in 1975 and a member of the Hall of Fame Class of 1999. He passed away in March 2006 after a long illness.
May 9, 2007 by Justin Bannister NMSU News Center
The late businessman Mike J. Maloof and businesswoman and agriculturalist Paulina Salopek will receive honorary doctorates at New Mexico State University’s spring commencement ceremony Saturday, May 12, at the Pan American Center.
Two ceremonies are scheduled. Salopek, co-owner of Roadrunner Pecans and David Salopek Farms, will be honored during the morning program, beginning at 10 a.m. Graduates from the colleges of Agriculture and Home Economics, Business, Engineering, and Extended Learning will participate in the morning ceremony.
Maloof, an owner and director of Maloof companies, will be honored during the afternoon program, beginning at 2 p.m. His degree will be accepted by his widow, Dee. Graduates from the colleges of Arts and Science, Education and Health and Social Services will attend the afternoon ceremony.Nearly 2,400 students are candidates for degrees and about 1,250 will participate in commencement ceremonies. Tickets are not required. The Pan American Center will open an hour before each ceremony.
Salopek is recognized for her contributions to New Mexico business and to agricultural research at New Mexico State University.Salopek graduated from NMSU in 1955 with a bachelor’s in business administration. She turned to the NMSU Cooperative Extension Service for computer, financial and production expertise after her husband died in 1979. That is when she and her son, Dave, took over farm operations. In return, Salopek and her son offered their farm’s facilities to be used as a research center for irrigation and pecan nutrition studies. Since those early days, the farm’s acreage has doubled.
Salopek was the first, and to date only, female president of the Federated Pecan Growers Association of the U.S. She was also the first female president of the Western Pecan Growers Association.
Salopek established two endowments, the David and Paulina Salopek Endowment supporting student scholarships in agricultural economics, and the Paulina Utz Salopek Endowment for faculty professional development in the College of Business. She is a member of the NMSU President’s Associates, a past board member of the NMSU Alumni Association and a past member of the NMSU College of Business Advisory Council.
Maloof is recognized for his service to New Mexico State University and to the New Mexico business community.
Maloof was NMSU’s student government president from 1953 to 1954, and graduated with a bachelor’s in business administration in 1955.
Maloof Companies’ business ventures have included beer distribution, banking, hotels, wine and spirits wholesale operation, casinos, and sports entertainment. Maloof served as a director of First National Bank of Albuquerque and First Security Bank. He was past president of the Albuquerque Sales Executives and past president of the Rocky Mountain Beer Distributors Association.
Maloof was honored as a distinguished alumnus of the NMSU College of Business and inducted into the College of Business Hall of Fame.
“Be positive about everything you do in all walks of life,” Maloof once said. “It is the most important thing we can do. Keep upbeat, keep positive and you’ll continue to be successful.”