Fred Korth
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Fred Korth (1909–1998) was president of the Continental National Bank of Fort Worth, Texas. He was also Assistant Secretary of the Army in 1952-53.
Appointed as Navy Secretary by President John F. Kennedy on 4th January, 1962, resigned Oct 1963. Various sources cite many reasons for Secretary Korth’s departure. Continental National Bank was a principal money source for the General Dynamics plant for the TFX (Tactical Fighter Experimental) F-111 Aardvark. Speculation in 1963 was that Korth used his influence as Navy Secretary to land the TFX project for GD in that it would benefit CNB. A report in a 1984 edition of Proceedings magazine exonerated Korth for any improprieties relating to the awarding of TFX.
Korth was born in 1909 in Yorktown, TX. Fred Korth died in September of 1998 in El Paso, Texas and was buried in October of 1998 under a three century old Texas Live Oak tree on his ranch in Karnes County, Texas.
Preceded by John B. Connally, Jr |
United States Secretary of the Navy 1962-1963 |
Succeeded by Paul B. Fay |
United States Secretaries of the Navy | |
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