William Verity, Jr., American businessman and politician, 27th United States Secretary of Commerce (b. 1917)

Calvin William Verity Jr. (January 26, 1917 – January 3, 2007) was a distinguished American figure who seamlessly transitioned between the private sector as a prominent steel industrialist and high-level public service as a government official. He is most notably recognized for his pivotal role as the 27th United States Secretary of Commerce, serving from 1987 to 1989 under the administration of President Ronald Reagan.

Early Life and Illustrious Career in Industry

Born in Middletown, Ohio, C. William Verity Jr. inherited a legacy intertwined with the American steel industry. His grandfather, George M. Verity, founded the American Rolling Mill Company, later known as Armco Inc., a major force in steel production. Verity Jr. himself dedicated a significant portion of his career to Armco, rising through the ranks to become its Chief Executive Officer (CEO) and eventually its Chairman. Under his leadership, Armco was a key player in the nation's industrial landscape, navigating the complexities of domestic and international markets. His extensive experience in manufacturing and global business operations provided him with a unique perspective on economic policy and international trade dynamics.

Service as United States Secretary of Commerce

President Ronald Reagan appointed C. William Verity Jr. as the 27th Secretary of Commerce, a critical cabinet position responsible for promoting American economic growth and competitiveness. His appointment came at a time when the U.S. was grappling with significant trade imbalances, particularly with Japan, and seeking to strengthen its position in the global economy. As Secretary, Verity Jr. was tasked with a broad mandate, including fostering business development, encouraging international trade and investment, ensuring technological advancement, and managing ocean and coastal resources.

• Promoting International Trade: Verity Jr. leveraged his extensive background in global business to advocate for fair trade practices and open markets. He played a key role in trade negotiations and in fostering economic ties with various nations, aiming to expand opportunities for American businesses abroad.
• Supporting Domestic Industry: Recognizing the importance of a robust domestic industrial base, he worked to enhance the competitiveness of American industries, including the steel sector, by addressing regulatory burdens and promoting innovation.
• Economic Diplomacy: As a prominent member of President Reagan's cabinet, Verity Jr. engaged in economic diplomacy, representing the United States in international forums and discussions on global economic policy. His tenure was marked by efforts to strengthen the U.S. economy's resilience and global standing.

Legacy and Post-Cabinet Contributions

Following his tenure as Secretary of Commerce, C. William Verity Jr. continued to be an influential figure in both business and public affairs. His deep understanding of industry and international relations made him a sought-after advisor and board member for various organizations. He remained committed to fostering economic cooperation and advocating for policies that supported American enterprise in a globalized world until his passing in 2007. His career exemplified a rare blend of private sector acumen and dedicated public service, leaving a lasting impact on U.S. economic policy and trade.

Frequently Asked Questions About C. William Verity Jr.

Who was C. William Verity Jr.?

C. William Verity Jr. was a prominent American steel industrialist, best known for his leadership at Armco Inc., and a distinguished government official who served as the 27th United States Secretary of Commerce under President Ronald Reagan from 1987 to 1989.

What was C. William Verity Jr.'s primary role before becoming Secretary of Commerce?

Before his government service, Verity Jr. had a long and impactful career at Armco Inc. (formerly the American Rolling Mill Company), a major steel producer. He rose to become the company's CEO and Chairman, gaining extensive experience in industrial management and international business.

When did C. William Verity Jr. serve as the U.S. Secretary of Commerce?

He served as the 27th United States Secretary of Commerce from 1987 to 1989 during the final years of President Ronald Reagan's second term.

What were some of the key responsibilities of the Secretary of Commerce during Verity Jr.'s tenure?

The Secretary of Commerce is responsible for promoting economic growth, encouraging international trade and investment, ensuring technological advancement, and supporting American businesses. During Verity Jr.'s time, a significant focus was on addressing trade imbalances and enhancing the global competitiveness of U.S. industries.