A standout athlete at Gustavus Adolphus College in the early 1930s, Lloyd Hollingsworth collected 11 varsity letters, including three in football, four in baseball, and four in gymnastics. "Holly" graduated from Gustavus in 1936 and returned to his alma mater in 1942 as its new head football coach. During his 15-year tenure directing the football program, Hollingsworth's teams compiled a record of 94-33-5 and won or shared eight MIAC titles, including six straight from 1950-55. Hollingsworth also coached baseball, hockey, tennis, gymnastics, and basketball at Gustavus. He was called away to serve in the military twice during his coaching career, including a stint in the Navy during World War II, and then with the Army during the Korean War.
In 1961, Hollingsworth retired as football coach and assumed the position as athletic director and chair of the physical education department. During his tenure, the department grew from a director with one assistant and one female instructor to an eleven-member organization. Changes were made on the academic side of campus to begin offering physical and health education majors, as well as certification programs in men’s and women’s coaching and athletic training. Under Hollingsworth's watch, wrestling and soccer were added as men’s intercollegiate sports and women’s varsity competition was introduced in six sports. Hollingsworth retired as the school's athletic director in 1975. He was inducted into the Gustavus Athletics Hall of Fame three years later.