Nomination of Samuel K. Lessey, Jr., To Be Inspector General of the United States Synthetic Fuels Corporation

The President today announced his intention to nominate Samuel K. Lessey, Jr., to be Inspector General, United States Synthetic Fuels Corporation, for a term of 7 years.

Mr. Lessey is a private investor and a brigadier general in the United States Air Force Reserve. He was vice president, Shearson, Hammill & Co., an investment banking and brokerage firm, in 1968-74. Previously he was vice president and director of the National Aviation Corp., a closed-end investment company specializing in aerospace and airline securities, in 1957-68.

He graduated from the United States Military Academy (B.S., 1945); Harvard Law School (LL.B., 1951); and Harvard Business School (M.B.A., 1956). He resides in Hancock, N.H. Mr. Lessey was born October 9, 1923, in Newark, NJ.