Victor M. Longstreet

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Victor Mendell Longstreet (January 1, 1907 – February 5, 2000) was an economist and at one time the president of the Boston Consulting Group. From 1962 to 1965, he was United States Assistant Secretary of the Navy (Financial Management and Comptroller).

Biography

Victor M. Longstreet was born and raised in Louisville, Kentucky,[1] and graduated from duPont Manual High School in 1925. He was educated in economics at Harvard University, taking his degree magna cum laude in 1930.

His first job after graduating was working as an

Federal Reserve Board. During World War II, he served in the United States Army
.

After the war, Longstreet joined the

Schering Corporation
.

In 1962, President of the United States John F. Kennedy nominated Longstreet as Assistant Secretary of the Navy (Financial Management and Comptroller), and Longstreet subsequently held this office from September 14, 1962, until December 31, 1965.

In the later 1960s, Longstreet began a career as a

management consultant, joining International Management Group of Boston as an associate director. He later moved to the Boston Consulting Group
and served as its chairman.

Longstreet retired to Bethesda, Maryland, and died there of pneumonia on February 5, 2000, at the age of 94.

Selected publications

  • Victor M. Longstreet, "Investments and Liquidity of Member Banks During 1939," Federal Reserve Bulletin, April 1940, pp. 293–297.
  • Victor M. Longstreet, "Bank Lending for Defense," Federal Reserve Bulletin, September 1941, pp. 866–874.
  • Victor M. Longstreet, "Management R & D," Harvard Business Review, July–August 1961, pp. 125–134.
  • Victor M. Longstreet, Financial Control in Multi-National Companies, 1971.

References

  1. ^ Rosow, Jerome M. (1949). "American Men in Government: A Biographical Dictionary and Directory of Federal Officials".
Government offices
Preceded by Assistant Secretary of the Navy (Financial Management and Comptroller)
September 14, 1962 – December 31, 1965
Succeeded by