Frank Anderson Shrontz (born December 14, 1931) is an American corporate executive and former government official. He is the former
CEO
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...
and chairman of the
Boeing Company
The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product ...
.
Early life
Born and raised in
Boise, Idaho
Boise (, , ) is the capital and most populous city of the U.S. state of Idaho and is the county seat of Ada County. On the Boise River in southwestern Idaho, it is east of the Oregon border and north of the Nevada border. The downtown ...
, Shrontz was the son of sporting goods merchant. He graduated from
Boise High School
Boise High School is a public secondary school in Boise, Idaho, one of five
traditional high schools within the city limits, four of which are in the Boise School District. A three-year comprehensive high school, Boise High is located on the out ...
in 1949 and the
University of Idaho
The University of Idaho (U of I, or UIdaho) is a public land-grant research university in Moscow, Idaho. It is the state's land-grant and primary research university,, and the lead university in the Idaho Space Grant Consortium. The University ...
in
Moscow
Moscow ( , US chiefly ; rus, links=no, Москва, r=Moskva, p=mɐskˈva, a=Москва.ogg) is the capital and largest city of Russia. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 million ...
in 1954 with a
Bachelor of Laws
Bachelor of Laws ( la, Legum Baccalaureus; LL.B.) is an undergraduate law degree in the United Kingdom and most common law jurisdictions. Bachelor of Laws is also the name of the law degree awarded by universities in the People's Republic of ...
degree.
While at Idaho he served as chapter president of
Beta Theta Pi
Beta Theta Pi (), commonly known as Beta, is a North American social fraternity that was founded in 1839 at Miami University in Oxford, Ohio. One of North America's oldest fraternities, as of 2022 it consists of 144 active chapters in the Un ...
fraternity
A fraternity (from Latin ''frater'': "brother"; whence, "brotherhood") or fraternal organization is an organization, society, club or fraternal order traditionally of men associated together for various religious or secular aims. Fraternity in ...
.
Following a commission and service in the
U.S. Army from 1954–1956, he attended the
Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA ...
where he received an
MBA
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accoun ...
in 1958 and then joined Boeing.
Career
Beginning in 1973, Schrontz served in the
Nixon
Richard Milhous Nixon (January 9, 1913April 22, 1994) was the 37th president of the United States, serving from 1969 to 1974. A member of the Republican Party, he previously served as a representative and senator from California and was ...
and
Ford
Ford commonly refers to:
* Ford Motor Company, an automobile manufacturer founded by Henry Ford
* Ford (crossing), a shallow crossing on a river
Ford may also refer to:
Ford Motor Company
* Henry Ford, founder of the Ford Motor Company
* Ford F ...
administrations at the
Department of Defense Department of Defence or Department of Defense may refer to:
Current departments of defence
* Department of Defence (Australia)
* Department of National Defence (Canada)
* Department of Defence (Ireland)
* Department of National Defense (Philippin ...
, and returned to Boeing in January 1977 as a vice president in charge of contract administration and planning. He later became a division head managing production of
707 707 may refer to:
* 707 (number), a number
* 707 (band), an American rock band
* AD 707, a year in the 8th century
* 707 BC, a year in the 8th century BC
* The 7 July 2005 London bombings, a terrorist attack
* 707th Special Mission Unit, a military ...
,
727
727 may refer to:
* Boeing 727, an airliner
* AD 727, a year
* 727 BC, a year
* 727 (number), a number
* "727", a song by The Box Tops from the album '' Cry Like a Baby''
* '' 7/27'', a 2016 album by Fifth Harmony
* Area code 727, for telephon ...
, and
737 737 most commonly refers to:
* Boeing 737, an American narrow-body passenger airplane
** Boeing 737 Classic
** Boeing 737 MAX
** Boeing 737 Next Generation
* AD 737, a year in the common era
* 737 BC, a year
* 737 (number), a number
737 may al ...
aircraft. During the oil crisis of the 1970's he was a proponent of the mid-range 737 jetliner rather than the longer range and more fuel efficient
757
757 may refer to:
* Boeing 757: a narrow-body airliner
* AD 757
__NOTOC__
Year 757 ( DCCLVII) was a common year starting on Saturday (link will display the full calendar) of the Julian calendar. The denomination 757 for this year has been us ...
and
767
767 may refer to:
* Boeing 767, a jet airliner
* 767 (number)
* AD 767, a year in the 8th century.
* 767 BC, a year in the 8th century BC
* Area code 767
Area code 767 is the local telephone area code of the Commonwealth of Dominica, within the ...
. This was a successful decision, as stabilizing oil prices and airline deregulation soon led the 737 to become Boeing's top selling airframe.
He became president of Boeing in 1984, and served as CEO from 1986–1996. He was chairman of the board from 1988 to 1997.
Schrontz has served on the board of
3M, Boise Cascade Corporation, and
Chevron, and as a citizen regent on the
Smithsonian Institution
The Smithsonian Institution ( ), or simply the Smithsonian, is a group of museums and education and research centers, the largest such complex in the world, created by the U.S. government "for the increase and diffusion of knowledge". Founded ...
's Board of Regents. He is part of the
Seattle Mariners
The Seattle Mariners are an American professional baseball team based in Seattle. They compete in Major League Baseball (MLB) as a member club of the American League (AL) West division. The team joined the American League as an expansion team ...
ownership group and is a member on the team's board of directors.
While serving on the board of directors for
Chevron, a new double-hulled
supertanker
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined c ...
was named in his honor in November 1998. The
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...
n-built ship was renamed the ''Antares Voyager'' in 2003 after a change of ownership.
Personal life
Schrontz married Harriet Ann Houghton, who he met at Idaho, in 1954. The had three sons, and were married for 58 years.
Shrontz was inducted into the
Junior Achievement
JA (Junior Achievement) Worldwide is a global non-profit youth organization founded in 1919 by Horace A. Moses, Theodore Vail, and Winthrop M. Crane. JA works with local businesses, schools, and organizations to deliver experiential learni ...
U.S. Business Hall of Fame in 2004. Boeing endowed the Frank Schrontz Endowed Chair of Professional Ethics at
Seattle University
Seattle University (SeattleU) is a private Jesuit university in Seattle, Washington. Seattle University is the largest independent university in the Northwestern United States, with over 7,500 students enrolled in undergraduate and graduate p ...
beginning in 1997.
He was awarded the Oxford Cup, Beta Theta Pi's most prestigious award, in 1999.
References
External links
Boeing.com- Frank Shrontz
UI Alumni Assoc. Hall of Fame- Frank Shrontz - inducted 1986
- Frank Shrontz
Beta Theta Pi.org- Frank A. Shrontz
- Frank Shrontz
DOD Key Officials History (1947-2014)
{{DEFAULTSORT:Shrontz, Frank
University of Idaho alumni
People from Boise, Idaho
1931 births
Living people
American people of German descent
Harvard Business School alumni
American chairpersons of corporations
Chairmen of Boeing
University of Idaho College of Law alumni
United States Army officers