Edward L. Norton
Edward L. Norton | |
|---|---|
| Born | Template:Birth date Blountsville, Alabama, U.S. |
| Died | April 12, 1966 (aged 73) |
| Occupation | Banker |
| Known for | Member of the Board of Governors of the Federal Reserve System (1950–1952) |
Edward L. Norton (June 3, 1892 – April 12, 1966) was an American banker who held a position on the Board of Governors of the Federal Reserve System from September 2, 1950, until February 1, 1952.
Early life and career
Norton was born in Blountsville, Alabama and obtained his undergraduate degree from Birmingham-Southern College, followed by a law degree from the University of Alabama. His professional journey started in 1915 when he joined the Munger family enterprises as a private secretary to R.S. Munger at Munger Realty. By 1924, he advanced to executive vice president and took on the role of executive vice president at Munger Mortgage Company in 1926. In 1939, he transitioned to serve as chairman of the board for the Birmingham branch of the Federal Reserve Bank of Atlanta.
Prior to his Federal Reserve Board appointment, Norton also held significant leadership positions including president of the Birmingham Baseball Club and chairman of the board for the Florida Broadcasting Company based in Jacksonville, Florida.
Career
Norton was appointed to the Board by President Harry Truman in 1950 but stepped down in 1952 to dedicate more time to his business ventures. His letter of resignation emphasized his dedication to personal responsibilities and conveyed appreciation for the opportunity to serve.
On November 17, 1953, Norton was named among the founding trustees of the Eisenhower Exchange Fellowship, Inc.