- John Howard Dalton
John Howard Dalton (born 1941) is a U.S. administrator and
banker . Dalton was Secretary of the Navy from July 22, 1993 to November 16, 1998.Education and Navy service
Dalton attended
Louisiana State University for a year before transferring to the U.S. Naval Academy. He graduated with distinction fromAnnapolis in 1964 and was a finalist in theRhodes Scholarship competition. After graduating from Annapolis, Dalton served in the Navy from 1964 to 1969. During the that time he receivednaval nuclear power training and served aboard thesubmarine s USS "Blueback" (SS-581) as theSupply and Commissary Officer and USS "John C. Calhoun" (SSBN-630) as the Main Propulsion Assistant, Communications Officer and Weapons Officer. He attained the rank oflieutenant while on active duty and was promoted toLieutenant Commander while in theU.S. Naval Reserve .Business career
After leaving the Navy Dalton ran the
San Antonio, Texas office of theLittle Rock, Arkansas -basedStephens Inc. investment banking firm. Prior to his employment at Stephens Inc., he was Managing Director ofBest Associates and Mason Best Company , merchant banking firms headquartered in Houston and Dallas respectively. In 1971, Dalton received aMaster of Business Administration degree from the Wharton School of theUniversity of Pennsylvania .From 1984 to 1988 Dalton served as Chairman and Chief Executive Officer of
Freedom Capital Corporation in San Antonio, and President of theSequin Savings Association . Prior to this position, he was President of the Real Estate Division of theGill Companies of San Antonio. President Carter nominated Dalton to theFederal Home Loan Bank Board in December 1979, where he served as a member and chairman until July 1981. Dalton was President of theGovernment National Mortgage Association of theU.S. Department of Housing and Urban Development before being appointed to theBank Board . He began his public service career after serving with the investment banking firm of Goldman, Sachs & Company in Dallas, Texas.Since January 2005, Dalton has been President of the Housing Policy Council at The Financial Services Roundtable. [>cite web
url=http://www.fsround.org/about/bio/jdalton.htm
title= Biography of Dalton at The Financial Services Roundtable's website]Trivia
*A speech that Dalton gave in 1997, citing a "true story" about the USS "Constitution" is actually an
urban legend .References
*"The Banking, Navy service and Education portions of this article are based on
public domain text from the [http://www.chinfo.navy.mil/navpalib/people/secnav/dalton/daltbio.html US Navy] ."Notes
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