Nomination of Two Members of the Board of Directors of the United States Synthetic Fuels Corporation

The President today announced his intention to nominate the following individuals to be members of the Board of Directors of the United States Synthetic Fuels Corporation.

John B. Carter, Jr., is currently senior vice president and director of Pogo Producing Co. in Houston, Tex. He was with Lehman Brothers in 1959-1977, serving as southwestern representative in 1959-1965, general partner in 1965-1977, and managing director in 1970-1977. He was an independent oil operator and financial consultant in 1952-1958 and was president of Texas Fund Research and Management Associates in 1950-1952. He attended the University of Texas in 1943-1946 and Babson College in 1946-1974. He is married, has two children, and resides in Houston, Tex. He was born October 19, 1924. He would succeed Kathryn Blanchard Cleary. This would be for a term of 2 years.

Milton M. Masson, Jr., is currently executive vice president and treasurer of Sullivan and Masson, Inc., consulting engineers, architects, and construction managers based in Arizona. As a partner, he has led the development of Sun Eagle Development Co. in Colorado and serves as board member and vice president. In addition, he presently serves as a board member of the newly developed Pacific Texas Pipe Line Co. Prior to 1980, Mr. Masson served as a member of the board of directors of Security Savings and Loan, a Tucson-based savings and loan bank. He was employed with Ellers, Reaves, Fanning, Okley, Inc., in 1967-1969. He graduated from Christian Brothers College (B.S., 1964) and did graduate work in business and economics at the University of Missouri. He is married, has two children, and resides in Scottsdale, Ariz. He is 40 years old. He would succeed John D. DeButts. This would be for a 1-year term.