For Immediate Release
April 3, 2007
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ARLINGTON, VA - U.S. Senator John McCain's presidential campaign today announced that Fred Malek will support the Arizona Senator as he seeks the presidency and serve as a national finance co-chair.
Fred Malek has been a pioneer in four professions including corporate management, government, politics, and finance. After distinguished service as an Airborne Ranger in the U.S. Army, Malek joined the Marriott Corporation and rose to become president of Marriott Hotels and Resorts. He later served as president and co-CEO of Northwest Airlines.
Malek has played a central role in government over the past 30 years. He has served as Deputy Under Secretary of the Department of Health, Education, and Welfare and Deputy Director of the U.S. Office of Management and Budget (OMB). He also served President Ronald Reagan in a number of advisory capacities and, in 1990, was Director of the Summit of Major Industrialized Nations - with the lifetime rank of Ambassador.
Malek's political career spans over three decades. In 1972, after Watergate, he served as the deputy chairman of President Richard Nixon's re-election campaign. Malek was director of the 1988 Republican National Convention and campaign manager for President George H.W. Bush in 1992.
In 1991, Malek founded two private equity firms, Thayer Capital Partners and Thayer Lodging Group. He serves as chairman of both firms.
Malek spoke to Senator McCain's unwavering fiscal conservative record. "Senator McCain and I share the same fiscal conservative values," stated Malek. "In more than two decades of service, John McCain has been a trailblazer in cutting government waste, trimming bloated budgets, and fighting against tax increases on hardworking American families."
Senator John McCain expressed his gratitude for the support of Fred Malek. "Fred is an inspiring public servant who has served our nation well," said Senator McCain. "I am honored to have his support and look forward to his guidance and counsel in the days and months ahead."