Howard Charles Petersen (May 7, 1910 – December 28, 1995)[1] was an American government official and banker. He was the United States Assistant Secretary of War from 1945 to 1947.
He worked on the economic recovery of occupied Germany and the Western Allies and supervised U.S. military occupational activities in Germany, Japan, Korea, Austria, and Italy. One of his significant contributions was to help prevent famine in Europe by laying the groundwork for the Marshall Plan.
After World War II
Petersen joined Fidelity-Philadelphia Trust Company in 1947 as executive vice president and went on to serve as the bank's president (1950–66), CEO (1966–75) and chairman (1966–78).[2]
Meanwhile, from 1961–63, Petersen served as Special Assistant to President John F. Kennedy for International Trade Policy, in which he managed Kennedy's controversial campaign for a new foreign trade policy. His main task was to assist with the passage of the Trade Expansion Act of 1962, and he also negotiated the conclusion of the 1960-62 General Agreement on Tariffs and Trade (GATT) negotiations with the European Economic Community.
In 1936, Petersen married Elizabeth Anna Watts of Princeton, Indiana, with whom he had two children: Elizabeth Anna and Howard Jr.[3] Elizabeth married then-Harvard instructor Herbert Spiro in June 1958.[4][5] Petersen was survived by his daughter and two grandchildren, Peter Spiro and Alexander Spiro.