Kenneth E. Schutte
Delta Delta 1968
In recognition of his career as a general partner for Jones Financial Companies in St. Louis, MO, a parent company of Edward Jones, as well as director and treasurer of Edward Jones Trust Co. from which he retired in 2010.
In tribute to his service in the U.S. Peace Corps serving in Columbia, South America in 1968.
In commendation of his time in the U.S. Navy serving as lieutenant in the Civil Engineer Corps and was posted at the Naval Academy as an instructor.
Upon graduating from Purdue with a degree in Industrial Engineering, Ken entered the Peace Corp where he consulted local businesses and taught advanced business practices at a local university in Colombia, South America. In 1969 he joined the U.S. Navy achieving the rank of Lieutenant in the Navy Civil Engineer Corps while stationed at the Naval Academy.
Following his military service Ken attended Harvard for an MBA in 1974. In 1995 he attended the Stanford University Graduate School of Business, Financial Management Program; and received a Certificate from the Wharton Securities Industry Institute in 2004.
Brother Schutte worked for Continental Illinois National Bank & Trust of Chicago from 1974 to 1985. During this period he led their corporate banking activities in the St. Louis Federal Reserve District after being named Vice President of the Latin American Division where he oversaw all his bank’s activities in Argentina, Chile, Uruguay and Paraguay.
In 1985, he joined Mercantile Bank Corporation, Inc., St Louis, achieving the position of Senior Vice President and Treasurer. His staff of 40 people managed a $9.0 billion investment portfolio. In 2000 he joined the Edward Jones Financial Group where he retired as a General Partner.
Today Ken is an adjunct professor at Lindenwood University, St. Louis, teaching a Financial Market and Institutions course in the Master’s degree program. He currently serves on the Board of St. Louis Public Radio; and previously served on the Board of the St. Louis Chamber Chorus and Thompson Foundation for Autism. Ken has also participated in the God’s Child Project and Habitat for Humanity building homes in Guatemala and El Salvador.