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'''Victor M. Longstreet''' (died 2000) was an [[economist]] and at one time the president of the [[Boston Consulting Group]]. From 1962 to 1965, he was [[United States]] [[Assistant Secretary of the Navy (Financial Management)]].
'''Victor Mendell Longstreet''' (January 1, 1907 – February 5, 2000) was an [[economist]] and at one time the president of the [[Boston Consulting Group]]. From 1962 to 1965, he was [[United States]] [[Assistant Secretary of the Navy (Financial Management and Comptroller)]].


==Biography==
==Biography==


Victor M. Longstreet was a native of [[Louisville, Kentucky]], and graduated from [[duPont Manual High School]] in 1925. He was educated in [[economics]] at [[Harvard University]], taking his degree ''magna cum laude'' in 1930.
Victor M. Longstreet was born and raised in [[Louisville, Kentucky]],<ref>{{Cite web | url=https://books.google.com/books?id=QpsFAAAAMAAJ&q=%22Longstreet,+Victor%22+born+1907 |title = American Men in Government: A Biographical Dictionary and Directory of Federal Officials|last1 = Rosow|first1 = Jerome M.|year = 1949}}</ref> and graduated from [[duPont Manual High School]] in 1925. He was educated in [[economics]] at [[Harvard University]], taking his degree ''magna cum laude'' in 1930.


His first job after graduating was working as an [[economist]] at [[American Telephone & Telegraph|AT&T]]. He later took a job as an economist at the [[Federal Reserve Board]]. During [[World War II]], he served in the [[United States Army]].
His first job after graduating was working as an [[economist]] at [[American Telephone & Telegraph|AT&T]]. He later took a job as an economist at the [[Federal Reserve Board]]. During [[World War II]], he served in the [[United States Army]].


After the war, Longstreet joined the [[United States Department of State]]'s [[economic development]] division. In 1948, he joined the [[Economic Cooperation Administration]] and worked in their office in the [[Netherlands]], and later [[Paris]], until 1952. Upon returning to the U.S., in the mid-1950s, he became vice president and manager of the Louisville branch of the [[Federal Reserve Bank of St. Louis]]. Next, he left the public sector to become director of management research at [[Schering Corporation]].
After the war, Longstreet joined the [[United States Department of State]]'s [[economic development]] division. In 1948, he joined the [[Economic Cooperation Administration]] and worked in their office in the [[Netherlands]], and later [[Paris]], until 1952. Upon returning to the U.S., in the mid-1950s, he became vice president and manager of the Louisville branch of the [[Federal Reserve Bank of St. Louis]]. Next, he left the public sector to become director of management research at [[Schering Corporation]].


In 1962, [[President of the United States]] [[John F. Kennedy]] nominated Longstreet as [[Assistant Secretary of the Navy (Financial Management)]], and Longstreet subsequently held this office from September 14, 1962 until December 31, 1965.
In 1962, [[President of the United States]] [[John F. Kennedy]] nominated Longstreet as [[Assistant Secretary of the Navy (Financial Management and Comptroller)]], and Longstreet subsequently held this office from September 14, 1962, until December 31, 1965.


In the later 1960s, Longstreet began a career as a [[management consultant]], joining International Management Group of Boston as an associate director. He later moved to the [[Boston Consulting Group]] and served as its chairman.
In the later 1960s, Longstreet began a career as a [[management consultant]], joining International Management Group of Boston as an associate director. He later moved to the [[Boston Consulting Group]] and served as its chairman.
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Longstreet retired to [[Bethesda, Maryland]], and died there of [[pneumonia]] on February 5, 2000, at the age of 94.
Longstreet retired to [[Bethesda, Maryland]], and died there of [[pneumonia]] on February 5, 2000, at the age of 94.


==Selected Publications==
==Selected publications==


* Victor M. Longstreet, "Investments and Liquidity of Member Banks During 1939," ''Federal Reserve Bulletin'', Apr. 1940, pp. 293-297.
* Victor M. Longstreet, "Investments and Liquidity of Member Banks During 1939," ''[[Federal Reserve Bulletin]]'', April 1940, pp.&nbsp;293–297.
* Victor M. Longstreet, "Bank Lending for Defense," ''Federal Reserve Bulletin'', Sept. 1941, pp. 866-874.
* Victor M. Longstreet, "Bank Lending for Defense," ''Federal Reserve Bulletin'', September 1941, pp.&nbsp;866–874.
* Victor M. Longstreet, "Management R & D," ''[[Harvard Business Review]]'', July-Aug. 1961, pp. 125-134.
* Victor M. Longstreet, "Management R & D," ''[[Harvard Business Review]]'', July–August 1961, pp.&nbsp;125–134.
* Victor M. Longstreet, ''Financial Control in Multi-National Companies'', 1971.
* Victor M. Longstreet, ''Financial Control in Multi-National Companies'', 1971.


==References==
==References==
{{Reflist}}

{{Refbegin}}
* Obituary in the ''Washington Post'', Feb. 16, 2000
* Obituary in ''The Washington Post'', February 16, 2000
* [http://www.trumanlibrary.org/hstpaper/longstreetvm.htm The Victor M. Longstreet Papers at the Harry S. Truman Library & Museum]
* [http://www.trumanlibrary.org/hstpaper/longstreetvm.htm The Victor M. Longstreet Papers at the Harry S. Truman Library & Museum]
{{Refend}}


{{start box}}
{{s-start}}
{{s-gov}}
{{s-gov}}
{{succession box|
{{succession box|
before=[[J. Sinclair Armstrong]]|
before=[[J. Sinclair Armstrong]]|
title=[[Assistant Secretary of the Navy (Financial Management)]]|
title=[[Assistant Secretary of the Navy (Financial Management and Comptroller)]]|
after=[[Charles F. Baird]]|
after=[[Charles F. Baird]]|
years=September 14, 1962 &ndash; December 31, 1965
years=September 14, 1962 December 31, 1965
}}
}}
{{end box}}
{{s-end}}
{{USSecNavy}}
{{Authority control}}


{{DEFAULTSORT:Longstreet, Victor M.}}
{{DEFAULTSORT:Longstreet, Victor M.}}
[[Category:Year of birth missing]]
[[Category:2000 deaths]]
[[Category:2000 deaths]]
[[Category:United States Navy personnel]]
[[Category:United States Assistant Secretaries of the Navy]]
[[Category:People from Louisville, Kentucky]]
[[Category:Businesspeople from Louisville, Kentucky]]
[[Category:Harvard University alumni]]
[[Category:DuPont Manual High School alumni]]
[[Category:1907 births]]
[[Category:20th-century American businesspeople]]

Latest revision as of 02:36, 28 September 2023

Victor Mendell Longstreet (January 1, 1907 – February 5, 2000) was an economist and at one time the president of the Boston Consulting Group. From 1962 to 1965, he was United States Assistant Secretary of the Navy (Financial Management and Comptroller).

Biography

[edit]

Victor M. Longstreet was born and raised in Louisville, Kentucky,[1] and graduated from duPont Manual High School in 1925. He was educated in economics at Harvard University, taking his degree magna cum laude in 1930.

His first job after graduating was working as an economist at AT&T. He later took a job as an economist at the Federal Reserve Board. During World War II, he served in the United States Army.

After the war, Longstreet joined the United States Department of State's economic development division. In 1948, he joined the Economic Cooperation Administration and worked in their office in the Netherlands, and later Paris, until 1952. Upon returning to the U.S., in the mid-1950s, he became vice president and manager of the Louisville branch of the Federal Reserve Bank of St. Louis. Next, he left the public sector to become director of management research at Schering Corporation.

In 1962, President of the United States John F. Kennedy nominated Longstreet as Assistant Secretary of the Navy (Financial Management and Comptroller), and Longstreet subsequently held this office from September 14, 1962, until December 31, 1965.

In the later 1960s, Longstreet began a career as a management consultant, joining International Management Group of Boston as an associate director. He later moved to the Boston Consulting Group and served as its chairman.

Longstreet retired to Bethesda, Maryland, and died there of pneumonia on February 5, 2000, at the age of 94.

Selected publications

[edit]
  • Victor M. Longstreet, "Investments and Liquidity of Member Banks During 1939," Federal Reserve Bulletin, April 1940, pp. 293–297.
  • Victor M. Longstreet, "Bank Lending for Defense," Federal Reserve Bulletin, September 1941, pp. 866–874.
  • Victor M. Longstreet, "Management R & D," Harvard Business Review, July–August 1961, pp. 125–134.
  • Victor M. Longstreet, Financial Control in Multi-National Companies, 1971.

References

[edit]
  1. ^ Rosow, Jerome M. (1949). "American Men in Government: A Biographical Dictionary and Directory of Federal Officials".
Government offices
Preceded by Assistant Secretary of the Navy (Financial Management and Comptroller)
September 14, 1962 – December 31, 1965
Succeeded by