Nomination of Thomas F. Faught, Jr., To Be an Assistant Secretary of the Navy

The President today announced his intention to nominate Thomas F. Faught, Jr., to be an Assistant Secretary of the Navy (Research, Engineering and Systems). He would succeed Melvyn R. Paisley.

Since 1983, Mr. Faught has been chief executive officer of the Dravo Corp. in Pittsburgh, PA. He joined Dravo in 1974 and has served in the following capacities: president and chief operating officer, since 1982; executive vice president, operations, 1981; executive vice president, finance and corporate development, 1978; and was elected to the board of directors, 1977. Prior to this Mr. Faught was director and executive vice president for F&M Schaefer Corp. in New York, NY, 1971-1974. Mr. Faught was appointed by the President to the Advisory Committee of the Export-Import Bank of the United States in 1985 and was named chairman of the Advisory Committee in 1986. He was also appointed to the President's Task Force on International Private Enterprise in 1983.

Mr. Faught graduated from Oregon State University (B.S., 1951) and Harvard Business School (M.B.A., 1953). He served in the Marine Corps, 1946-1948 and 1953-1962. Mr. Faught was born October 1, 1928, in Salem, OR. He is married, has six children, and resides in Murrysville, PA.