David M. Kennedy
| David M. Kennedy | |
|---|---|
 |
|
| 60th United States Secretary of the Treasury | |
|
In office January 22, 1969 – February 11, 1971 |
|
| President | Richard Nixon |
| Preceded by | Joseph W. Barr |
| Succeeded by | John B. Connally |
| 8th United States Ambassador to NATO | |
|
In office March 17, 1972 – February 2, 1973 |
|
| Appointed by | Richard Nixon |
| Preceded by | Robert Ellsworth |
| Succeeded by | Donald Rumsfeld |
| Personal details | |
| Born |
David Matthew Kennedy July 21, 1905 Randolph, Utah, United States |
| Died | May 1, 1996 (aged 90) Salt Lake City, Utah, United States |
| Resting place | Randolph City Cemetery in Randolph, Utah, United States |
| Political party | Republican |
| Spouse(s) | Lenora Bingham Kennedy (m. 1924 - 1995, her death) |
| Children | Marilyn Kennedy Taylor Carol Kennedy Davis Barbara Kennedy Law Patricia Kennedy Campbell |
| Alma mater |
Weber State University George Washington University Rutgers University |
| Profession | Politician |
| Religion | The Church of Jesus Christ of Latter-day Saints (Mormon) |
| Signature |  |
David Matthew Kennedy (July 21, 1905 – May 1, 1996), was an American politician and businessman. He served as the 60th Secretary of the Treasury and later as the 8th United States Permanent Representative to NATO, both under President Richard Nixon. He was Chief Executive and Chairman of the Board of Continental Illinois during the 1950s and 1960s.
Kennedy was born on July 21, 1905 in Randolph, Utah, to George and Katherine Kennedy (née Johnson). His father was a rancher and served in Utah state government. His mother was ill for much of his childhood and the family grew up in Kaysville and later Ogden. His grandparents John Kennedy and Peter Johnson formed the Bank of Randolph.
In November 1925, Kennedy married Lenora Margaret Bingham at the Salt Lake Temple and shortly thereafter served his mission in Liverpool, England. His mission presidents were James E. Talmage and John A. Widtsoe.
Kennedy attended public schools and received his bachelor's degree from Weber State University, graduating in 1928. He obtained his first government job as a staff member for the Federal Reserve Board of Governors. During this time he built up his financial experience and later became assistant to then-Fed Chairman Marriner Eccles. Kennedy was also attending George Washington University and received his master’s and law degree from there in 1935 and 1937. He completed his education at Rutgers’s Stonier Graduate School of Banking in 1939.
He left the Federal Reserve and joined Continental of Illinois in 1946, starting in their bond department. By 1951, he was a bank President and later served as Chairman of the Board and CEO from 1959 to 1969. At the time of his appointment in 1969, Continental Illinois ranked as the 15th largest bank in the world.
Kennedy served as counselor to John K. Edmunds in the presidency of the Chicago Stake of The Church of Jesus Christ of Latter-day Saints. He was also a member of the board of Nauvoo Restoration from its founding in 1962, and advised David O. McKay, Harold B. Lee and other LDS Church leaders on banking matters. It was in part due to the advice of Kennedy that McKay restructured the management of Zions First National Bank so that the president of the church no longer held the title of president of the bank, with Orval Adams assuming that title.
...
Wikipedia