George S. Mihalik ’62

Submitted by Web Communications on November 15, 2011

 

“Giving to Fairfield is, to me, partial repayment for the difference Fairfield University has made in my life. My planned gifts to Fairfield will help to offer the same opportunity to a new generation of young people.”

George S. Mihalik ’62

Retired Vice President & Controller, Elf Aquitaine U.S. Operations

Major: Accounting – B.S.

PROFESSION & INTERESTS

After graduating with an accounting degree in 1962, George joined Deloitte & Touche (then Haskins and Sells), became a certified public accountant, and audited companies in wide range of industries, including construction, shipping, food service, and banking. In 1977, George joined the internal audit department of Texasgulf, Inc., a mining company. His assignments required frequent travel throughout the southern and western U.S. and the province of Ontario. Texasgulf was purchased in 1981 by Elf Aquitaine, a French oil giant. George eventually advanced to become vice president and controller of the holding company for Elf’s U.S. operations until his retirement in 2000.

“I’ve always enjoyed the challenge of technical accounting problems, but also the opportunity to work with and visit my peers in company locations throughout the U.S. and France. My time at Fairfield not only gave me a solid foundation in accounting and business studies, but also in writing—a vital but often overlooked skill for an accountant. My education also reinforced the ethical standards so necessary to maintain in dealings with audit clients and executive management.”

George’s interests include military history, classical music, theater, and films. He is a member of groups devoted to the study of the U.S. Civil War and World War I. He has traveled extensively within the U.S. and Europe to visit battlefield, museum, and other historical sites, and his European tours have ranged from Portugal to Turkey, and have covered conflicts from the War of Spanish Succession to World War II. He lives with his mother in Stratford, Conn.

most influential fairfield faculty

“Accounting Professor Thomas J. Fitzpatrick taught me how to approach and solve accounting problems, and Professor of History Walter M. Petry, Jr., reinforced my deep interest in history.”

about his gift

As an accountant, George gave considerable thought to what type of gift will benefit both himself and the University. He decided to establish a charitable gift annuity using funds from his IRA minimum-required distribution. This annuity provides him with an income for life, much of which is tax-free; a federal income tax deduction; and the satisfaction of augmenting Fairfield’s endowment. Better yet, he can repeat this type of gift every year using the same gift source, helping to assure Fairfield’s future while planning for his own financial security.

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