James Loy

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Admiral James Milton Loy (born August 10, 1942,) served as the Deputy Secretary of the U.S. Department of Homeland Security (DHS) from December 4, 2003, to March 1, 2005.

Born in Altoona, Pennsylvania, Loy entered the United States Coast Guard Academy in 1960. He served as a commissioned officer in the U.S. Coast Guard, rising to the rank of Admiral. In May 1998, Loy became the twenty first Commandant of the Coast Guard, serving in that post until 2002.

In May, 2002, Secretary of the U.S. Department of Transportation Norman Mineta appointed Loy to become the Deputy Undersecretary for the newly-formed Transportation Security Administration. Loy led the agency through its creation and subsequent incorporation into the Department of Homeland Security.

On October 23, 2003, Loy was nominated as Deputy Secretary of Homeland Security by President George W. Bush, and sworn in on December 4, 2003. Following the departure of Tom Ridge, Loy filled in as Acting Secretary of Homeland Security from February 1, 2005, until February 15, 2005, when Michael Chertoff was confirmed and sworn into office. Joining the exodus of leadership, Loy resigned as Deputy Secretary, effective March 1, 2005.

On April 7, 2005, the Cohen Group announced that Loy had joined the firm as a Senior Counselor, effective April 18.[1]

On August 5, 2005, Loy joined the Board of Directors for Lockheed Martin.

In March 2007 the Washington Post had a feature on Admiral Loy and his relation to the Coast Guard's Deepwater contract, which was awarded to Lockheed Martin in summer of 2002. When asked by the Washington Post if he ever faced improper influence on Deepwater decisions while serving as Commandant, Loy said: "The question is almost insulting. I will pass on giving you any kind of answer."