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George Shultz has led a distinguished career in government, academia and business. He held four different federal cabinet posts; he taught at three of the country's greatest universities; and for eight years he was president of a major engineering/construction company. Shultz first served in government in 1955 on President Eisenhower's Council of Economic Advisors during a leave of absence from a nine year teaching position at MIT. After leaving MIT he was a faculty member at both the University of Chicago and Stanford University, before serving as Secretary of Labor by President Nixon. He has also been Director of the Office of Management and Budget, Secretary of the Treasury, Chairman of the Council on Economic Policy, and both Chairman of the President's Economic Policy Advisory Board and Secretary of State for Reagan.
In recognition of his efforts, Shultz was awarded the Medal of Freedom, the nation's highest civilian honor, in 1989. He rejoined the Bechtel Group (a company he had been president and director of from 1974 until 1982) as Director and Senior Counselor. He also rejoined Stanford as Professor of International Economics at the Graduate School of Business and Distinguished Fellow at the Hoover Institute. Shultz has also published a great number of books. He graduated from Princeton with a BA in economics and from MIT with a Ph.D. in industrial economics.
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