John Howard Dalton

John Howard Dalton
Born	(1941-12-13) December 13, 1941 New Orleans, Louisiana, U.S.
Occupation(s)	Investor, political figure
Years active	1964–present
Known for	Secretary of the Navy (1993–1998)

John Howard Dalton (born December 13, 1941) is an American investor and political figure who held the position of Secretary of the Navy from July 22, 1993, until November 16, 1998.

Education and Naval Service

Dalton began his higher education at Louisiana State University before transferring to the United States Naval Academy in Annapolis, where he graduated with honors in 1964. He was a Rhodes Scholarship finalist and served in the United States Navy between 1964 and 1969. His naval tenure encompassed nuclear power training and assignments on submarines, including the USS Blueback, where he fulfilled duties as Supply and Commissary Officer, and the USS John C. Calhoun, serving as propulsion assistant, communications officer, and weapons officer. Dalton attained the rank of lieutenant during active duty and was later elevated to lieutenant commander within the U.S. Naval Reserve.

Professional Career

Following his naval service, Dalton directed the San Antonio branch of Stephens Inc., an investment banking firm headquartered in Little Rock, Arkansas. Prior to this role, he held managing director positions at Best Associates and Mason Best Company, both merchant banking firms located in Houston and Dallas. He earned his MBA from the Wharton School of the University of Pennsylvania in 1971.

Between 1984 and 1988, Dalton served as chairman and CEO of Freedom Capital Corporation in San Antonio and was president of Sequin Savings Association. Additionally, he led the Real Estate Division at the Gill Companies in San Antonio as president. In 1979, President Carter appointed him to the Federal Home Loan Bank Board, where he served both as a member and chairman until 1981. Prior to that appointment, Dalton was president of the Government National Mortgage Association within the U.S. Department of Housing and Urban Development and had experience with Goldman Sachs’ Dallas office.

Since January 2005, Dalton has held the position of president at the Housing Policy Council within The Financial Services Roundtable.

References

• The sections covering Banking, Naval Service, and Education derive from public domain material provided by the US Navy.