";s:4:"text";s:12804:"Obituary for Dianne Marie Herring at George M. Holt Funeral Home, Inc. "[43] He was also opposed to any negotiation with the government of Daniel Ortega: "Negotiations are a euphemism for capitulation if the shadow of power is not cast across the bargaining table. At one informal meeting, Shultz surprised Shevardnadze, who was from Georgia, by launching into a rendition of a well-known Georgian folk song he had learned for the occasion. You may kick me around as secretary of state, but Im a taxpayer.. In 1986 testimony to the House Foreign Affairs Committee, he lamented that "nothing ever gets settled in this town. George Shultz initially did not believe Tyler's warnings and pressured him to keep quiet. He was also a prominent and hands-on board member of Theranos, which defrauded more than $700 million from its investors before it collapsed. ___ Longtime AP Diplomatic Writer Barry Schweid . In 1985, Mikhail Gorbachev ascended to the helm of the Communist Party and Shultz, joining then vice president George H.W. After trust, his coin of the realm, cohesion mattered most. As the nation's chief diplomat, Shultz negotiated the first-ever treaty to reduce the size of the Soviet Union's ground-based nuclear arsenals despite fierce objections from Soviet leader Mikhail Gorbachev to Reagan's "Strategic Defense Initiative" or Star Wars. The 1987 Intermediate Range Nuclear Forces Treaty was a historic attempt to begin to reverse the nuclear arms race, a goal he never abandoned in private life. After that spell in government, in 1974 he moved to the west coast as president of the engineering giant Bechtel, where he remained until Reagan invited him to become secretary of state, even though he had no experience of foreign affairs. The younger Shultz got a job at Elizabeth Holmes' blood-testing startup Theranos, of which George was a board member. Relations with the Soviet Union began to improve. He created some controversy by calling the war on recreational drugs, championed by Reagan, a failure and raised eyebrows by decrying the longstanding U.S. embargo on Cuba as "insane.". He was a longtime member of MeadowBrook Church. [6], In 2016, Shultz was one of eight former Treasury secretaries who called on the United Kingdom to remain a member of the European Union ahead of the "Brexit" referendum. in Andrew L. Johns, ed., Williams, Walter. He returned to Bechtel and to Stanford, becoming in 2001 a fellow of its Hoover Institution public policy think tank. The conference formally abolished the Bretton Woods system, causing all currencies to float. George Shultz PhD '49, renowned statesman and former professor, dies at George P. Shultz, Charlotte Swig - The New York TimesHigh-profile San Franciscans gather to pay tribute to legendary Funeral arrangements . [51], In 2003, Shultz served as co-chair (along with Warren Buffett) of California's Economic Recovery Council, an advisory group to the campaign of California gubernatorial candidate Arnold Schwarzenegger. It would take time, but he was now applying his intensely deliberative method to foreign policy. He was a member of the Washington Institute for Near East Policy (WINEP) board of advisors, the New Atlantic Initiative, the Mandalay Camp at the Bohemian Grove, and the Committee for the Liberation of Iraq. Shultz also promoted Theranos founder Elizabeth Holmes at major forums, including Stanford University's Institute for Economic Policy Research (SIEPR), and was on record supporting her in major media publications. [2][3][4][5][6] He was a member of the Hoover Institution, the Institute for International Economics, the Washington Institute for Near East Policy, and other groups. ", Turmoil & Triumph: The George Shultz Years: A Call to Service, foreign policy of the Ronald Reagan administration, University of Chicago Graduate School of Business, Washington Institute for Near East Policy, University of Chicago's School of Business, James Madison Award for Distinguished Public Service, Order of the Rising Sun with Paulownia Flowers, Grand Cordon, Foreign policy of the Reagan administration, International Conference on Nuclear Disarmament, "Why We Support a Revenue-Neutral Carbon Tax: Coupled with the elimination of costly energy subsidies, it would encourage competition", "George Shultz: "Climate is changing," and we need more action; Former secretary of state and former MIT professor urges progress on multiple fronts", "Theranos Whistleblower Shook the Companyand His Family", "Holmes Testifies That Senior Lab Scientist Addressed Tyler Shultz's Concerns", "The Agricultural Program of the Tennessee Valley Authority", "Joint Resolution: Recognizing the 60th anniversary of the Battle of Peleliu", "Ronald Reagan: Nomination of George P. Shultz To Be Secretary of State", "George Schultz [sic], who led Reagan's Cold War diplomacy, dies", "Remembering George Shultz: Washington Insider and Infighter", "History of the Treasury: George P. Shultz", "Secretary Of State George Shultz, Instrumental In Releasing Soviet Jewry, Dies At 100", "Bechtel, Business and the Board of Directors", "Bechtel Loses Another Officer to Reagan's Cabinet", "George Shultz born in New York City, December 13, 1920", "In the Eye of the Beholder: How Leaders and Intelligence Communities Assess the Intentions of Adversaries", "Understanding the Iran-Contra Affairs - The Legal Aftermath", "Shultz Says U.S. Has Moral Duty To Support Contras", "Longtime Reagan Secretary of State George Shultz dies at 100", "The Global Commission on Drug Policy List of Commissioners", "George Shultz, Who Led Reagan's Cold-War Diplomacy, Dies", "Former Sec of State George Shultz says Quote Me: End the US-Cuba Embargo. Was George Shultz America's Best Secretary of State? - Foreign Policy [45] Shultz favored a revenue-neutral carbon tax (i.e., a carbon fee and dividend program, in which carbon dioxide emissions are taxed and the net funds received are rebated to taxpayers) as the most economically efficient means of mitigating climate change. The couple is seen singing "I left my heart in San Francisco," as part of a live sing-along, thanking front-line workers during . This article was amended on 8 February 2021. [39], Two more events in 1988 persuaded Shultz that Soviet intentions were changing. George Shultz, left, and then-California Gov. The Lyndon B. Johnson Administration had delayed the walkout with a TaftHartley injunction that expired, and the press pressed him to describe his approach. A funeral mass will be celebrated at the Stanford University Memorial Church at 10 a.m . "He was well-known for his accomplishments on the world stage, but it's important to remember that he was a fierce advocate for what many of us consider 'San Francisco values', including the value of a high-quality public education, the value of accessible healthcare for all, and the value of mutual respect and dignity for people from all walks of life. George Pratt Shultz (/lts/; December 13, 1920 February 6, 2021) was an American economist, businessman, diplomat and statesman. He was firmly opposed to and angered by the arms-for-hostages deal with Iran which evolved into an administration scandal. Condoleezza Rice, a fellow former Secretary of State and current director of the Hoover Institution, said in the release. George Pratt Shultz was born Dec. 13, 1920, in New York City and raised in Englewood, New Jersey. Dianne was born on December 31, 1954 in Teaneck, NJ to the late George V. and Lorraine (Schultz) Herring. [35][37], When General Secretary Mikhail Gorbachev of the Soviet Union came to power in 1985, Shultz advocated that Reagan pursue a personal dialogue with him. Remembering Former Secretary of State George P. Shultz Please view IlesCares.com for updates regarding Gertrude's service. George Pratt Shultz was born December 13, 1920, in New York City and raised in Englewood, New Jersey. Funeral arrangements were not immediately announced. He had been accused in the Senate Foreign Relations . They married on February 16, 1946, and had five children: Margaret Ann Tilsworth, Kathleen Pratt Shultz Jorgensen, Peter Milton Shultz, Barbara Lennox Shultz White, and Alexander George Shultz. The Foundation for Art and Preservation in Embassies is profoundly saddened by the death of George Shultz. Your browser does not support the