Nomination of Charles O. Sethness To Be an Assistant Secretary of the Treasury

The President today announced his intention to nominate Charles O. Sethness to be an Assistant Secretary of the Treasury (Domestic Finance). He would succeed Thomas J. Healey.

Since 1981 Mr. Sethness has been associate dean for external relations at Harvard Business School. Previously, he was managing director of Morgan Stanley & Co., Inc., in 1975-1981; U.S. Executive Director of the World Bank Group and special assistant to the Secretary of the Treasury in 1973-1975; and associate and vice president of Morgan Stanley & Co. in 1967-1973.

Mr. Sethness graduated from Princeton University (A.B., 1963) and Harvard University (M.B.A., 1966). He is married, has four children, and resides in Lexington, MA. He was born February 24, 1941, in Evanston, IL.