Government National Mortgage Association Nomination of John H. Dalton To Be President.

The President today announced that he will nominate John H. Dalton, of Dallas, Tex., to be President of the Government National Mortgage Association. Dalton is an account executive with Goldman, Sachs & Co., in Dallas.

He was born on December 13, 1941, in New Orleans, La. He received a B.S. degree from the U.S. Naval Academy in 1964 and an M.B.A. degree from Wharton School of Finance and Commerce at the University of Pennsylvania.

Dalton served in the U.S. Navy from 1964 to 1969 in the nuclear submarine program. He graduated from the U.S. Naval Nuclear Power School in Vallejo, Calif., in 1966 and from the U.S. Naval Nuclear Power Training Unit in Schenectady, N.Y., in 1967.

Since 1971 Dalton has been an account executive at Goldman, Sachs & Co., working with institutions and individuals in the management of their equity and fixed-income investments.

Dalton has served as a delegate to the Democratic National Convention and is a founding member of the Dallas Democratic Forum.