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Arnold Hoffman

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'57 Journalism | Retired Senior Managing Director, Legg Mason Wood Walker, Inc. | Sarasota, FL
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Arnold Hoffman

Strong leadership instincts and attention to detail have always served Arnold Hoffman well in the business world and in the communities in which he serves. Before even graduating from Penn State, Arnold earned a life-changing opportunity during a summer job at a men’s clothing store. He helped a customer buy a tie after another salesman refused to deal with such a small purchase. It turns out the customer was the head of student recruitment for Westinghouse Electric, who offered Arnold a permanent job on the spot.

Following sales and marketing positions at Westinghouse and mergers and acquisitions positions at Union Corporation, Arnold joined a merger and acquisitions group in Philadelphia. These opportunities eventually led to his positions as managing director at Shearson Lehman Brothers and, later, as senior managing director at Legg Mason Wood Walker, Inc. He retired in 2006.

Throughout his life, Arnold has followed a path of volunteerism and leadership within his various communities. At Penn State, Arnold served on the Daily Collegian staff as advertising manager, The Froth staff, and was a member of Beta Sigma Rho, Parmi Nous, and the Interfraternity Council. He is past chairman and executive committee chair of the Abramson Center for Jewish Living in Philadelphia and served as vice chair of the Sarasota Orchestra in Sarasota, Florida. From 19962002, Arnold was a member of the board of trustees of the Philadelphia College of Osteopathic Medicine.

For Penn State, Arnold and his wife, Bette, have been transformative volunteer leaders and benefactors. Some of his numerous activities include serving as a presidential counselor, chair of the Hillel Campaign, and a member and former chair of the Liberal Arts Development Council. Penn State honored him as an Alumni Fellow in 1997 and as a Distinguished Alumnus in 2007.

For the College of the Liberal Arts, the couple were early supporters of its drive toward national leadership by endowing faculty positions, a director’s fund in the Jewish Studies program, a fund supporting graduate students in honor of Dean Susan Welch, and undergraduate scholarships. In addition, Arnold and Bette have also supported the Pasquerilla Spiritual Center, Hintz Family Alumni Center, and Bette’s alma mater, the College of Health and Human Development.

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