George Shultz is the Thomas W. and Susan B. Ford Distinguished Fellow at the Hoover Institution and Advisory Council Chair of the Precourt Institute for Energy at Stanford. He leads Hoover's Shultz-Stephenson Task Force on Energy Policy, which addresses energy policy in the U.S. and its effects on domestic and international political priorities, particularly national security. Shultz is one of a handful of people who have served as U.S. Secretary of State, Labor and Treasury. In 1970, he was appointed the first director of the newly formed Office of Management and Budget. In 1989, Shultz was awarded the Medal of Freedom, the nation's highest civilian honor. Other honors include the Seoul Peace Prize (1992), and the Reagan Distinguished American Award (2002).
Shultz earned a B.A. in Economics at Princeton University and a Ph.D. in Industrial Economics at MIT.