Nomination of Craig A. Nalen To Be President of the Overseas Private Investment Corporation

April 2, 1981

The President today announced his intention to nominate Craig A. Nalen to be President of the Overseas Private Investment Corporation, United States International Development Cooperation Agency.

Mr. Nalen has been director of Barnett Bank of Palm Beach County, Fla., since 1978; director of Firan-Glendale Corp. of Ontario, Canada, since 1976; chairman of the board of the Griswold Companies of Minneapolis, Minn., since 1975; and director and founder of Children's World of Denver, Colo., since 1969.

In 1975 - 80 he was member, management committee, of Esmark, Inc., of Chicago, Ill. During that same period he was chairman, president, and director, STP Corp., Fort Lauderdale, Fla. In 1972 - 75 Mr. Nalen was chairman, president, and director, American Photogaph Corp. He was divisional general manager, corporate vice president, and member of the executive council of General Mills, Inc., in 1964 - 72. He was marketing executive of Foremost-McKesson in 1962-64 and marketing executive at Proctor & Gamble in 1957 - 62.

Mr. Nalen served in the U.S. Navy in 1952 - 55. He was graduated from Princeton University (B.A., 1952) and Stanford University Graduate School of Business (M.B.A., 1957).

Mr. Nalen is married and has three children. He resides with his family in Ocean Ridge, Fla., and Wayzata, Minn. Mr. Nalen was born in Montclair, N.J., on April 17, 1930.

Nomination of Edward E. Noble To Be Chairman of the Board of Directors of the United States Synthetic Fuels Corporation

April 2, 1981

The President today announced his intention to nominate Edward E. Noble to be Chairman of the Board of Directors of the United States Synthetic Fuels Corporation for a term of 7 years.

Mr. Noble has been involved in various businesses, including serving as director of Noble Affiliates, Inc., an oil-related company in Oklahoma. He was involved in the development of Lenox Square Shopping Center, a 1,500,000-square-foot shopping center located in Atlanta, Ga.

He also developed Noble Inns Corp., a motor hotel company operating motor hotels in Georgia, Florida, and Ohio. He is presently chairman of the board and director. He is director of Auto Crane Co. of Tulsa, Okla., a manufacturer of heavy cranes used by oil and heavy equipment industries in the United States.

Mr. Noble was graduated from the University of Oklahoma in 1951. He is a director of the Hoover Institute and a trustee of the Samuel Roberts Foundation, Inc., in Ardmore, Okla. Mr. Noble was active during the 1980 election in the Reagan campaign.

Mr. Noble was born in Ardmore, Okla., on March 19, 1928.

 

Date
04/02/1981