Financier John Phelan has been tapped as Donald Trump’s nominee for the subsequent Secretary of the Navy, based on a late Tuesday assertion.
Phelan is the founder of personal fairness agency Rugger Administration LLC and beforehand served because the chairman and chief funding officer of the agency that oversaw the fortune of Dell Applied sciences founder Michael Dell. He’s additionally on the board of the Spirit of America non-profit, a non-partisan group with a mission to help American troops overseas that has additionally supported troops in Ukraine.
“John will likely be an incredible pressure for our Naval Servicemembers, and a steadfast chief in advancing my America First imaginative and prescient,” Trump stated in a publish on the social media website Reality Social.
“He’ll put the enterprise of the U.S. Navy above all else.”
Phelan was a significant fundraiser for the Trump marketing campaign, which included internet hosting a dinner for the president-elect at his dwelling in Aspen, Col., in August.
Initially from Coral Gables, Fla., Phelan is a 1986 graduate of Southern Methodist College in Dallas, Texas, and has an MBA from Harvard Enterprise College. He’s additionally an avid artwork collector and on the Board of Trustees on the Whitney Museum of American Artwork and on the Aspen Artwork Museum.
“John will ship actual outcomes for our Navy and our Nation,” reads Trump’s assertion.
“I stay up for working with him.”