George Shultz

Thomas W. and Susan B. Ford Distinguished Fellow at the Hoover Institution; former US Secretary of State; former US Secretary of the Treasury; former US Secretary of Labor; former Director, Office of Management & Budget; former President, Bechtel Group

“The risks we take if the climate changes need to be identified carefully. We have done that here, in the spirit of creating an insurance policy. I support steps in that spirit, such as sustained support for and investments in innovation and resilience that put us in the best position to be prepared for all possible outcomes.”
— George Shultz

A native of New York, Mr. Shultz graduated from Princeton University in 1942.  After serving in the Marine Corps (1942-45), he earned a PhD at MIT.  Mr. Shultz taught at MIT and the University of Chicago Graduate School of Business, where he became dean in 1962.  He was appointed Secretary of Labor in 1969, Director of the Office of Management and Budget in 1970, and Secretary of the Treasury in 1972.  From 1974 to 1982, he was President of Bechtel Group, Inc.  Mr. Shultz served in the Reagan administration as Chairman of the President’s Economic Policy Advisory Board (1981-82) and Secretary of State (1982-89).  Since 1989, he has been a Distinguished Fellow at the Stanford University’s Hoover Institution.  He is Honorary Chairman of the Stanford Institute for Economic Policy Research, Advisory Council Chair of the Precourt Institute for Energy Efficiency at Stanford, Chair of the MIT Energy Initiative External Advisory Board, and Chair of the Shultz-Stephenson Task Force on Energy Policy at the Hoover Institution.  His most recent book, released in July 2013, is Issues on My Mind: Strategies for the Future.

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