George P. Shultz
Jack Steele Parker Professor of International Economics, Emeritus
Former U.S. Secretary of State
George Shultz was sworn in on July 16, 1982 as the 60th U.S. secretary of state and served until January 20, 1989. He is a member of the board of directors of Bechtel Group; Fremont Group, Gilead Sciences, Unext.com; and Charles Schwab & Co., Inc. He is also chairman of the International Council of J. P. Morgan and on the advisory committee of Infrastructureworld.
He was awarded the Medal of Freedom, the nation's highest civilian honor; on January 19, 1989. He is also a recipient of the Seoul Peace Prize (1992), the Eisenhower Medal for Leadership and Service (2001), and the Reagan Distinguished American Award (2002). In 1987 Shultz was honored with the Arbuckle Award presented annually by the Stanford Business School Alumni Association.
From 1981 until his appointment as U.S. secretary of state, Shultz was chairman of President Reagan's Economic Policy Advisory Board. He became secretary of the Treasury in May 1972, serving until May 1974. During that period he also served as chairman of the Council on Economic Policy. As chairman of the East-West Trade Policy Committee, Shultz traveled to Moscow in 1973 and negotiated a series of trade protocols with the Soviet Union. He also represented the United States at the Tokyo meeting on the General Agreement on Tariffs and Trade.
Shultz served in the administration of President Nixon as secretary of labor and director of the Office of Management and Budget. From 1968 to 1969, he was a fellow at the Center for Advanced Study in the Behavioral Sciences at Stanford.
Shultz graduated from Princeton University in 1942, receiving a BA degree in economics. In 1949, Shultz earned a PhD degree from the Massachusetts Institute of Technology.
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