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Advisory Board

George P. Shultz

George Shultz, a native of New York City, attended Princeton University, served in the Marine Corps, and earned a PhD in industrial economics from MIT in 1949. From 1948 to 1957 he taught at MIT. In 1955 he served as a senior staff economist on President Eisenhower’s Council of Economic Advisors.

In 1957 Mr. Shultz joined the faculty of The University of Chicago Graduate School of Business as a professor of industrial relations. He became dean in 1962. From 1968 to 1969 he was a Fellow at the Center for Advanced Study in the Behavioral Sciences at Stanford University.

He was appointed Secretary of Labor by President Nixon in 1969. In 1970 he became Director of the Office of Management and Budget, and in 1972 he was named Secretary of the Treasury.  In 1974 he became President of Bechtel Group and joined the faculty of Stanford University.  Mr. Shultz was Chairman of President Reagan’s Economic Policy Advisory Board from 1981 to 1982 and Secretary of State from 1982 to 1989.

Mr. Shultz’s publications include Issues on My Mind: Strategies for the Future (2013); Ideas & Action, Featuring 10 Commandments for Negotiations (2010); Putting Our House in Order: A Citizen’s Guide to Social Security and Health Care Reform, with John B. Shoven (2008); and Turmoil and Triumph: My Years as Secretary of State (1993).

Mr. Shultz is Honorary Chairman of the Stanford Institute for Economic Policy Research (SIEPR), Advisory Council Chair of the Precourt Institute for Energy Efficiency at Stanford University, Chair of the MIT Energy Initiative External Advisory Board, and Chair of the Hoover Institution Task Force on Energy.