John SR Shad

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John SR Shad (* 27. June 1923 in Brigham City , Utah ; † July 1994 ) was an American lawyer , politician of the Republican Party , business manager and diplomat , who from 1981 to 1987 chairman of the US Securities and Exchange Commission ( Securities and Exchange Commission ) and was Ambassador to the Netherlands from 1987 to 1989 .

Life

Shad did military service in the US Navy Reserve after attending school during World War II and was last promoted to lieutenant at sea . He then completed an undergraduate degree at the University of Southern California , which he completed in 1947 with a Bachelor of Science (BS). He completed a subsequent postgraduate course in management at Harvard Business School in 1949 with a Master of Business Administration (MBA).

After various positions, Shad worked for the Textron conglomerate from 1955 to 1957 , before joining Shearson, Hammill & Co , a company in the brokerage and investment banking business, in 1957 . After further postgraduate studies in law at New York University , which he completed in 1959 with a Bachelor of Laws (LL.B.), he was a partner at Shearson, Hammill & Co between 1960 and 1962 .

In 1963, Shad moved to New York City- based brokerage and investment banking firm EF Hutton & Co as vice president , where he was vice president of the board from 1970 to 1981 . After US President Ronald Reagan took office , he was appointed chairman of the Securities and Exchange Commission SEC, the US banking regulator , in 1981 to succeed Harold M. Williams . He held this position until he was replaced by David Sturtevant Ruder in 1987. He then succeeded Paul Bremer from June 24, 1987 to February 23, 1989 as Ambassador to the Netherlands. Some time later he was succeeded by C. Howard Wilkins, Jr. In 1991 he was involved in the Bilderberg Conference .

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