Frank Shrontz
Frank Shrontz | |
---|---|
Assistant Secretary of Defense for Installations and Logistics | |
In office February 10, 1976 – January 19, 1977 | |
President | Gerald R. Ford |
Preceded by | John J. Bennett (Acting) |
Succeeded by | position abolished |
Assistant Secretary of the Air Force for Installations and Logistics | |
In office 1973–1976 | |
President | Richard Nixon Gerald R. Ford |
Preceded by | Lewis E. Turner (acting)[1] |
Succeeded by | J. Gordon Knapp[2] |
Personal details | |
Born | Frank Anderson Shrontz December 14, 1931 Boise, Idaho, U.S. |
Died | May 4, 2024 | (aged 92)
Spouse | Harriet A. Houghton (died 2012)[3] |
Education | University of Idaho (LLB) Harvard University (MBA) |
Occupation | Corporate Executive |
Military service | |
Branch/service | United States Army |
Years of service | 1954–1956 |
Frank Anderson Shrontz (December 14, 1931 – May 4, 2024) was an American corporate executive and government official. He was the former CEO and chairman of the Boeing Company.
Early life[edit]
Born and raised in Boise, Idaho, Shrontz was the son of sporting goods merchant. He graduated from Boise High School in 1949 and the University of Idaho in Moscow in 1954 with a Bachelor of Laws degree.[4] While at Idaho he served as chapter president of Beta Theta Pi fraternity.[5] Following a commission and service in the U.S. Army from 1954–1956, he attended the Harvard Business School where he received an MBA in 1958 and then joined Boeing.
Career[edit]
Beginning in 1973, Shrontz served in the Nixon and Ford administrations at the Department of Defense, and returned to Boeing in January 1977 as a vice president in charge of contract administration and planning. He later became a division head managing production of 707, 727, and 737 aircraft. During the oil crisis of the 1970's he was a proponent of the mid-range 737 jetliner rather than the longer range and more fuel efficient 757 and 767. This was a successful decision, as stabilizing oil prices and airline deregulation soon led the 737 to become Boeing's top selling airframe.[6]
Shrontz became president of Boeing in 1984, and served as CEO from 1986–1996. He was chairman of the board from 1988 to 1997.[7] In 1996, Shrontz was succeeded as CEO by Phil Condit.[8]
Shrontz served on the board of 3M, Boise Cascade Corporation, and Chevron, and as a citizen regent on the Smithsonian Institution's Board of Regents.[9] He was part of the Seattle Mariners ownership group and was a member on the team's board of directors.[10]
While serving on the board of directors for Chevron, a new double-hulled supertanker was named in his honor in November 1998.[11] The South Korean-built ship was renamed the Antares Voyager in 2003 after a change of ownership.[12][13]
Personal life[edit]
Shrontz married Harriet Ann Houghton, who he met at Idaho, in 1954. They had three sons, and were married for 58 years.[14] Shrontz was inducted into the Junior Achievement U.S. Business Hall of Fame in 2004. Boeing endowed the Frank Shrontz Endowed Chair of Professional Ethics at Seattle University beginning in 1997.[7] He was awarded the Oxford Cup, Beta Theta Pi's most prestigious award, in 1999.
Shrontz died on May 4, 2024, at the age of 92.[15]
References[edit]
- ^ "The United States Government Manual (1973–1974)". Archived from the original on 2024-05-05. Retrieved 2024-05-05.
- ^ "The United States Government Manual (1976–1977)". Archived from the original on 2024-05-05. Retrieved 2024-05-05.
- ^ "Obituary: Harriet Shrontz, arts supporter, wife of former Boeing CEO". 4 August 2012. Archived from the original on 2020-03-27. Retrieved 2024-05-05.
- ^ "College of Law". Gem of the Mountains, University of Idaho yearbook. 1954. p. 239. Archived from the original on 2023-04-04. Retrieved 2020-01-20.
- ^ "Beta Theta Pi". Gem of the Mountains, University of Idaho yearbook. 1954. p. 129. Archived from the original on 2024-05-05. Retrieved 2020-01-20.
- ^ "The Biggest Bosses 36. Frank Schrontz Boeing Cool, Calm, and Lawyerly". CNN Money - Fortune Magazine. August 3, 1987. Archived from the original on May 4, 2024. Retrieved May 5, 2024.
- ^ a b "Albers School of Business and Economics - Frank Schrontz Chair". seattle.edu. 2021. Archived from the original on 2023-12-07. Retrieved 2024-05-05.
- ^ Peltz, James F. (27 February 1996). "Boeing President Named to Succeed Chief Executive". Los Angeles Times. Archived from the original on 2024-03-18. Retrieved 2024-05-05.
- ^ "Frank Anderson Shrontz, Idaho '53, Oxford Cup Roll No. 037" (PDF). Beta.org. 2019. Archived from the original (PDF) on 2022-08-11.
- ^ seattletimes.nwsource.com Archived 2024-05-05 at the Wayback Machine'Mariners' nearly invisible owners stand firmly behind struggling team' - accessed 26 September 2011
- ^ Press release Archived 2003-11-08 at the Wayback Machine - 1998-11-30 - accessed 2010-04-10
- ^ aukvisser.nl Archived 2010-12-29 at the Wayback Machine - supertankers - accessed 2010-04-10
- ^ "Frank A. Shrontz". Archived from the original on 2006-03-27. Retrieved 2008-03-11.
- ^ "Harriet Shrontz, arts supporter, wife of former Boeing CEO". seattletimes.com. 2012. Archived from the original on 2020-03-27. Retrieved 2024-05-05.
- ^ "Frank Shrontz, former CEO and chairman of Boeing dies at 92". The Seattle Times. 4 May 2024. Archived from the original on 4 May 2024. Retrieved 4 May 2024.
External links[edit]
- Boeing.com - Frank Shrontz
- UI Alumni Assoc. Hall of Fame - Frank Shrontz - inducted 1986
- Boise High School Hall of Fame - Frank Shrontz
- Beta Theta Pi.org - Frank A. Shrontz
- Fred Hutchinson Cancer Research Center - Frank Shrontz
- DOD Key Officials History (1947-2014)