Frederick H. Schultz

Frederick H. Schultz
Vice Chairman of the Federal Reserve
In office
1979–1982
Preceded by Stephen S. Gardner
Succeeded by Preston Martin
Speaker of the Florida House of Representatives
In office
1968–1970
Preceded by Ralph Turlington
Succeeded by Richard A. Pettigrew
Personal details
Born January 16, 1929
Jacksonville, Florida
Died November 23, 2009(2009-11-23) (aged 80)
Jacksonville, Florida
Political party Democratic Party
Spouse(s) Nancy
Children Frederick Schultz Jr., Clifford Schultz, Catherine Schultz McFarland, John Schultz
Profession Venture Capitalist

Frederick Henry Schultz (January 16, 1929 November 23, 2009) was an American businessman, politician, and central banker. He served as the Vice Chairman of the Federal Reserve System under United States President Jimmy Carter. Schultz also served as Speaker of the Florida House of Representatives in 1969 and 1970.[1]

Early life and education

Schultz attended Princeton University for college and graduated with his bachelor's degree in 1952. Schultz served as an artillery officer in the United States Army during the Korean War from 1952 to 1954, and was awarded the Bronze Star. Schultz later attended the University of Florida College of Law, graduated with his law degree in 1956.[1]

Career

Schultz was elected in Jacksonville and served in the Florida House of Representatives from 1963 to 1970; his last two years as Speaker. President Jimmy Carter appointed him to the Board of Governors in 1979 and he was Vice Chairman for the Federal Reserve System until 1982. In addition, he also served as Chairman of the Florida Institute of Education from 1983 to 1987.[2]

On November 23, 2009, Schultz died of Prostate cancer at his Jacksonville home at age 80.[1]

References

  1. 1 2 3 Jacksonville civic leader Schultz dies The Florida Times-Union (Jacksonville)
  2. Federal Reserve Info Archived February 18, 2012, at the Wayback Machine.
Government offices
Preceded by
Stephen S. Gardner
Vice Chairman of the
Federal Reserve System

1979–1982
Succeeded by
Preston Martin


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