Clifton R. Wharton, Jr.

Clifton R. Wharton, Jr. (born 13 September 1926 in Boston, Massachusetts) is an American entrepreneur, business leaders and university teacher who was the first African American Chief Executive Officer ( CEO ) of a company in the Fortune Global 500 in 1987 and 1993, short-term Deputy Foreign Minister of the United States.

Life

Study, professor and university president

Wharton, son of the first African- American ambassador Clifton Reginald Wharton and a chemistry professor, began after attending the Boston Latin School in 1942 with 16 years of studying history at Harvard University and acquired in 1947 with a Bachelor of Arts (BA History). A subsequent post-graduate studies in International Relations at Johns Hopkins University he graduated in 1948 with a Master of Arts (MA in International Affairs ) from. Another study of economics at the University of Chicago, he finished first in 1956 with an MA Economics, before 1958 there is also a Philosophiae Doctor ( Ph.D. Economics) acquired.

He then began his professional career in 1958 when founded in 1953 Landwirtschaftsentwicklungsrat (Agricultural Development Council ), was there initially worked until 1964 and took over in the meantime the early 1960s also work as a visiting professor of economics at the University of Malaya.

After a subsequent work as a professor of economics at Stanford University, he was from 1966 to 1970 Vice- President of the Regional Economic Development Council. During this time he was not only 1966, the Task Force of U.S. President Lyndon B. Johnson for agricultural issues in Vietnam, but was 1966-1969 and member of the advisory staff for East Asia and the Pacific in the State Department of the United States. In addition, he took a trip abroad in 1969 by President Johnson to Latin America in part.

In 1970 he accepted an appointment as professor of economics at Michigan State University and held this teaching from to 1978. At the same time he was also president of the Michigan State University during this time. At the same time he was a Trustee of the Rockefeller Foundation in 1970 and held this position until 1987. In addition, he was from 1976 to 1983 Chairman of the Agency for International Food and Agricultural Development in the U.S. Department of State.

After completing his work at Michigan State University Wharton in 1978 chancellor of the State University of New York and has held this post until 1987. Besides he was not just from 1978 to 1980 member of the U.S. Commission on world hunger, but in 1983, also Co - Chairman the U.S. Commission on security and economic assistance. He was also a 1982-1987 Chairman of the Trustees of the Rockefeller Foundation.

CEO of TIAA -CREF and Vice Foreign Minister

1987 Wharton Chief Executive Officer ( CEO) of Teachers Insurance and Annuity Association - College Retirement Equities Fund ( TIAA -CREF ), the leading U.S. pension fund for employees of universities, schools, research and cultural institutions. With him so that was an African American CEO of a company listed in the Fortune Global 500 companies for the first time.

In addition, he was in 1991 a member of the U.S. Advisory Commission on Trade Policy and negotiations as well as now a member of the Boards of Directors of the Burroughs Corporation, the Equitable Life Assurance Society, the Federal Reserve Bank of New York, the Federated Department Stores, Ford Motor Company, the New York Stock Exchange, Tenneco, Time Warner and Harcourt General. In addition, Wharton Trustee of the American Assembly, the Aspen Institute, of The Asia Society, the Council on Foreign Relations and the Museum of Modern Art was

After he finished his work in 1993 at TIAA -CREF, he was from January 27 to November 8, 1993 Deputy Minister of Foreign Affairs (U.S. Deputy Secretary of State ) in the administration of President Bill Clinton.

Wharton is among other things an Honorary Fellow of the School of International Studies at the Oklahoma State University.

Publications

  • Subsistence Agriculture and Economic Development (1969 )
  • Community and Change: Academic Greatness Under Stress (1971 )
  • Patterns for Lifelong Learning ( 1973, co-author Theodore M. Hesburgh )
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