Difference between revisions of "Bill Liedtke"

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(Created page with "{{person |WP=https://en.wikipedia.org/wiki/Bill_Liedtke |constitutes=businessman }} '''Bill Liedtke''' was brother of Hugh Liedtke. {{SMWDocs}} ==References== {{reflist}}...")
 
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{{person
 
{{person
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|constitutes=businessman
 
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|wikipedia=https://en.wikipedia.org/wiki/Bill_Liedtke
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|spouses=Bessie Johns Smith Liedtke
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|alma_mater=Amherst College, University of Texas School of Law
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|image=LiedtkeWilliam.png
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|birth_date=September 27, 1924
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|birth_place=Tulsa, Oklahoma
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|death_date=March 1, 1991
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|death_place=Houston, Texas
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|children=Laura, Claire, William III, Cadell S.
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|employment=
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|description=Oilmen Bill and his brother Hugh co-founded the [[Zapata Corporation]] in 1953 together with [[George H. W. Bush]]
 
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'''Bill Liedtke''' was brother of [[Hugh Liedtke]].
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'''William C. Liedtke, Jr.''' was brother of [[Hugh Liedtke]]. Bill and his brother Hugh co-founded the [[Zapata Corporation]] in 1953 together with [[George H. W. Bush]]<ref>https://www.latimes.com/archives/la-xpm-2003-apr-05-me-liedtke5-story.html</ref>. This was nominally a profit-making enterprise but actually worked as a cover for intelligence agency operations, providing an explanation for a lot of foreign travel and a vehicle for transfer of money.<ref>''[[Family of Secrets]]''</ref>
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==Early life==
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Liedtke was born in [[Tulsa, Oklahoma]] where his father was an attorney for the [[Gulf Oil Corporation]].<ref name="The New York Times; May 5, 1991">https://www.nytimes.com/1991/03/05/obituaries/w-c-liedtke-66-a-pennzoil-founder-and-friend-of-bush.html</ref><ref name="The New York Times; April 1, 2003">https://www.nytimes.com/2003/04/01/business/j-hugh-liedtke-81-oilman-who-bested-texaco-in-court.html</ref><ref name="The Petroleum Hall of Fame">http://www.petroleummuseum.org/wp-content/uploads/2013/06/LiedtkeWilliam.pdf </ref> During [[World War II]], he and his brother, Hugh, served in the [[South West Pacific theatre of World War II|South Pacific]] as [[junior officer]]s in the [[United States Navy]].<ref name="The New York Times; May 5, 1991"/><ref name="The New York Times; April 1, 2003"/> They met on [[Saipan]] and agree to pursue a business career together if they survived the war.<ref name="The New York Times; April 1, 2003"/>
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Liedtke received a [[Bachelor of Arts|B.A.]] from [[Amherst College]] in 1945 and an [[Bachelor of Laws]] from [[University of Texas School of Law]] in 1949.<ref name="Peroni">Peroni, Douglas, ed. (1978). [https://books.google.com/books?id=wpuzAAAAIAAJ&q=%2227+Sep.+1924%22 Who's Who in World Oil and Gas 1978/79]. Financial Times Limited. p. 320. ISBN 9780900671937.</ref><ref name="The Petroleum Hall of Fame"/> He moved to [[Midland, Texas]], then opened a [[law practice]] with Hugh in 1949.<ref name="The Petroleum Hall of Fame"/>
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==Oil executive==
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In the 1950s, Hugh and Bill Liedtke had an office next to that of the Bush-Overbey Oil Development Company run by future [[President of the United States|United States President]] [[George H. W. Bush]] and Bush's neighbor, John Overbey.<ref name="bush41aportrait61">Bush, George W. (2014). ''41: A Portrait of My Father.'' London: Ebury Publishing. pp. 61–62. ISBN 9780553447781. </ref><ref name="George Bush Monument">https://web.archive.org/web/20140409064951/http://www.bushmonument.com/president-legacy.html </ref> In 1950s, the Liedtke's, Bush, and Overbey formed the [[Zapata Petroleum Corporation]].<ref name="The New York Times; May 5, 1991"/><ref name="The New York Times; April 1, 2003"/><ref name="George Bush Monument"/> This was nominally a profit-making enterprise but actually worked as a cover for intelligence agency operations, providing an explanation for a lot of foreign travel and a vehicle for transfer of money.<ref>''[[Family of Secrets]]''</ref> Zapata eventually merged with [[Pennzoil]], and the Liedtkes took over United Gas Pipeline in 1956.
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Liedtke was president of Pennzoil from 1967 to 1977.<ref name="The New York Times; May 5, 1991"/> In 1977, he left Pennzoil to lead the company's [[corporate spin-off|spin-off]] Pogo Producing Company.<ref name="The New York Times; May 5, 1991"/><ref name="tshaonline.org">https://tshaonline.org/handbook/online/articles/dop09</ref> Previously known as Pennzoil Offshore Gas Operators at its [[IPO]] in 1970, Pogo was an exploration and production subsidiary of Pennzoil set up to look for [[natural gas]] in the [[Gulf of Mexico]].<ref name="The New York Times; May 5, 1991"/><ref name="tshaonline.org"/> Liedtke served as the chairman, director, CEO and president of Pogo until his retirement in 1991.<ref name="The Petroleum Hall of Fame"/>
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==Politics==
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Liedtke became the Texas finance chairman for [[Richard Nixon]]'s Presidential campaigns in 1968 and 1972.<ref>https://archive.org/details/croniesoilbushes00bryc</ref> In September 1972, columnist [[Jack Anderson]] obtained a report compiled by the [[United States House Committee on Financial Services|House Banking Committee]] indicating that Liedtke admitted to investigators that he had raised $100,000 in Mexico for Nixon's campaign fund.<ref name="The Free Lance-Star; May 19, 2015">https://news.google.com/newspapers?id=NHMQAAAAIBAJ&pg=4887%2C1401132</ref>
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Liedtke later served on the Board of Trustees for Amherst College.<ref>https://books.google.com/books?id=ytEDAAAAMBAJ&pg=PA31</ref> He also was finance chair for the [[George H. W. Bush 1988 presidential campaign|Bush-Quayle]] campaign of 1988{{citation needed}}
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His son, William C. Liedtke III was nominated by President Bush in May 1992 for a seat on the five-member [[Federal Energy Regulatory Commission]].<ref>http://newsok.com/liedtke-doubts-hell-gain-post/article/2411476</ref>
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Latest revision as of 12:40, 24 November 2023

Person.png Bill Liedtke  Rdf-entity.pngRdf-icon.png
(businessman)
LiedtkeWilliam.png
BornSeptember 27, 1924
Tulsa, Oklahoma
DiedMarch 1, 1991 (Age 66)
Houston, Texas
Alma materAmherst College, University of Texas School of Law
Children • Laura
• Claire
• William III
• Cadell S.
SpouseBessie Johns Smith Liedtke
Founder ofZapata Petroleum
Oilmen Bill and his brother Hugh co-founded the Zapata Corporation in 1953 together with George H. W. Bush

William C. Liedtke, Jr. was brother of Hugh Liedtke. Bill and his brother Hugh co-founded the Zapata Corporation in 1953 together with George H. W. Bush[1]. This was nominally a profit-making enterprise but actually worked as a cover for intelligence agency operations, providing an explanation for a lot of foreign travel and a vehicle for transfer of money.[2]


Early life

Liedtke was born in Tulsa, Oklahoma where his father was an attorney for the Gulf Oil Corporation.[3][4][5] During World War II, he and his brother, Hugh, served in the South Pacific as junior officers in the United States Navy.[3][4] They met on Saipan and agree to pursue a business career together if they survived the war.[4]

Liedtke received a B.A. from Amherst College in 1945 and an Bachelor of Laws from University of Texas School of Law in 1949.[6][5] He moved to Midland, Texas, then opened a law practice with Hugh in 1949.[5]

Oil executive

In the 1950s, Hugh and Bill Liedtke had an office next to that of the Bush-Overbey Oil Development Company run by future United States President George H. W. Bush and Bush's neighbor, John Overbey.[7][8] In 1950s, the Liedtke's, Bush, and Overbey formed the Zapata Petroleum Corporation.[3][4][8] This was nominally a profit-making enterprise but actually worked as a cover for intelligence agency operations, providing an explanation for a lot of foreign travel and a vehicle for transfer of money.[9] Zapata eventually merged with Pennzoil, and the Liedtkes took over United Gas Pipeline in 1956.

Liedtke was president of Pennzoil from 1967 to 1977.[3] In 1977, he left Pennzoil to lead the company's spin-off Pogo Producing Company.[3][10] Previously known as Pennzoil Offshore Gas Operators at its IPO in 1970, Pogo was an exploration and production subsidiary of Pennzoil set up to look for natural gas in the Gulf of Mexico.[3][10] Liedtke served as the chairman, director, CEO and president of Pogo until his retirement in 1991.[5]

Politics

Liedtke became the Texas finance chairman for Richard Nixon's Presidential campaigns in 1968 and 1972.[11] In September 1972, columnist Jack Anderson obtained a report compiled by the House Banking Committee indicating that Liedtke admitted to investigators that he had raised $100,000 in Mexico for Nixon's campaign fund.[12]

Liedtke later served on the Board of Trustees for Amherst College.[13] He also was finance chair for the Bush-Quayle campaign of 1988[citation needed]

His son, William C. Liedtke III was nominated by President Bush in May 1992 for a seat on the five-member Federal Energy Regulatory Commission.[14]



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References

  1. ↑ https://www.latimes.com/archives/la-xpm-2003-apr-05-me-liedtke5-story.html
  2. ↑ Family of Secrets
  3. ↑ a b c d e f https://www.nytimes.com/1991/03/05/obituaries/w-c-liedtke-66-a-pennzoil-founder-and-friend-of-bush.html
  4. ↑ a b c d https://www.nytimes.com/2003/04/01/business/j-hugh-liedtke-81-oilman-who-bested-texaco-in-court.html
  5. ↑ a b c d http://www.petroleummuseum.org/wp-content/uploads/2013/06/LiedtkeWilliam.pdf
  6. ↑ Peroni, Douglas, ed. (1978). Who's Who in World Oil and Gas 1978/79. Financial Times Limited. p. 320. ISBN 9780900671937.
  7. ↑ Bush, George W. (2014). 41: A Portrait of My Father. London: Ebury Publishing. pp. 61–62. ISBN 9780553447781.
  8. ↑ a b https://web.archive.org/web/20140409064951/http://www.bushmonument.com/president-legacy.html
  9. ↑ Family of Secrets
  10. ↑ a b https://tshaonline.org/handbook/online/articles/dop09
  11. ↑ https://archive.org/details/croniesoilbushes00bryc
  12. ↑ https://news.google.com/newspapers?id=NHMQAAAAIBAJ&pg=4887%2C1401132
  13. ↑ https://books.google.com/books?id=ytEDAAAAMBAJ&pg=PA31
  14. ↑ http://newsok.com/liedtke-doubts-hell-gain-post/article/2411476
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