Executive gifts that hit the mark
Jim Hubbell isn’t the type of guy who loads down his credenza with a lot of stuff. But one item you will find there is a gift he received from the Downtown Community Alliance after he stepped down as its board chairman.
“I like this one because it came from an organization I spent a lot of years working for,” said Hubbell of the handmade piece that was crafted by Sticks Inc. “I enjoyed being a part of (the DCA) and was proud of what it accomplished. So that had meaning.”
The colorful artwork reflects many personal aspects of Hubbell’s life at that time, such as where he was living and some of his hobbies. It even has some of his favorite expressions written on it, such as “Less is more. Done is better.”
Finding the right gift for a chief executive, whether it’s the final parting upon retirement or to mark some other milestone, can be problematic. Just ask Teresa Wahlert.
“It’s difficult to find good gifts for executives, because they have everything,” she said. “I recently received a gumball machine, and I don’t know why. I don’t chew gum. … When I give something, I try to research what would be appropriate and useful to that person. As gift giving goes, you really have to do your homework as to what the person likes, and consider the relationship you have with the person.”
Cards and memorabilia were probably the most meaningful gifts at his recent retirement party, said David Milligan, who recently retired as vice chairman of West Bank. He also received a gift certificate he said he will probably use to buy a new set of golf clubs.
“Very obviously, there were things that will mean more to me as time goes by,” he said, such as a framed photo with more than 200 signatures from the bank’s employees. Perhaps the most special was a compact disc with images from bank events through the years.
“I’m sure as time goes on, the (CD) will be more meaningful to me than the gift certificate, not that I don’t appreciate the golf clubs,” he said.
Similarly, contributions made in a CEO’s name to his or her favorite non-profit organization can make a meaningful gift. Each year, United Way of Central Iowa receives contributions from companies in recognition of CEOs for their service, said Don Honnold,a United Way spokesman. The organization also honors its outgoing board or campaign chairs with contributions in their honor.
Personalizing such a gift can also make a great gift in its own right. To recognize Barry and Michele Griswell’s $1 million contribution last year to United Way for early childhood learning, the organization presented the Griswells with a framed photo of the two of them reading to a group of young children at a local early-childhood learning center.
So, what did Teresa Wahlert really think of the customized wooden putter she received after stepping down as Greater Des Moines Partnership chair?
“Actually, I think they didn’t know what to get,” said Wahlert, who hasn’t golfed in years.”I have it in my office for visitors to use. If it relaxes them to putt while they visit, I let them putt.”