Stephen Gardner Explained

Stephen S. Gardner
Office:10th Vice Chairman of the Federal Reserve
President:Gerald Ford
Jimmy Carter
Term Start:February 13, 1976
Term End:November 19, 1978
Predecessor:George W. Mitchell
Successor:Frederick H. Schultz
Office2:Member of the Federal Reserve Board of Governors
President2:Gerald Ford
Jimmy Carter
Term Start2:February 13, 1976
Term End2:November 19, 1978
Predecessor2:George W. Mitchell
Successor2:Emmett J. Rice
Birth Name:Stephen Symmes Gardner
Birth Date:26 December 1921
Birth Place:Wakefield, Massachusetts, U.S.
Death Place:Washington, D.C., U.S.
Party:Republican
Education:Harvard University, BA, MBA

Stephen S. Gardner (December 26, 1921  - November 19, 1978) was an American businessman who served as the 10th vice chairman of the Federal Reserve from 1976 until his death in 1978.

Career

Gardner was chairman of the Girard Bank in Philadelphia. In 1973, he was appointed to an advisory group of Philadelphia business leaders by mayor Frank Rizzo.[1] In 1974, he was given the Police Athletic League award for his bank's "distinguished service and leadership" on behalf of the group.[2]

In 1976, he was appointed Vice Chair of the Federal Reserve by President Gerald Ford on a fourteen-year term.

Personal life

Gardner was born on December 26, 1921, in Wakefield, Massachusetts, a small town in Massachusetts.[3] He and his wife Consuelo had three sons (Seth T., Stephen Symmes Jr., and Pierce S.) and two daughters (Susan and Hillary).[4] His son Seth married Elizabeth Tracy Perkins, the daughter of W. B. Saunders' vice president Sherman Evarts Perkins.[5]

He died on November 19, 1978, from cancer.[4]

Notes and References

  1. News: Holton . Ray . 4 Named to Battle City's Ills . January 18, 2021 . The Philadelphia Inquirer . August 2, 1973 . 8.
  2. News: Stephen Gardner Gets PAL Award . January 18, 2021 . The Philadelphia Inquirer . April 25, 1974 . 29.
  3. News: Sikora . Martin J. . 'Native Sons' Still Direct Some Firms . January 18, 2021 . The Philadelphia Inquirer . March 21, 1971 . 49.
  4. News: Stephen Gardner, Federal Reserve vice chairman, 56 . January 18, 2021 . The Boston Globe . November 20, 1978 . 50.
  5. News: Miss Elizabeth Perkins Betrothed . January 18, 2021 . The New York Times . March 20, 1970.