Maurice Hubert Stans (March 22, 1908 - April 14, 1998) was the finance chairman for the commmittee to re-elect United States President Richard Nixon (CREEP). He was a key figure in the ensuing Watergate Scandal.
Stans was born in Shakopee, Minnesota, in 1908. He was an executive partner with the Alexander Grant & Co. accounting firm in Chicago from 1940 until 1955. He later served as U.S. deputy postmaster general from 1955-1957; deputy director Bureau of the Budget 1957–1958, director of the Bureau of the Budget 1958–1961; Secretary of Commerce 1969–1972. In 1972, he resigned as Secretary of Commerce to chair Richard Nixon's re-election campaign.
An Eisenhower official who served as commerce secretary in the first Nixon Cabinet and finance chairman for the Committee for the Re-election of the President, MauriceStans was indicted on charges of conspiracy, obstruction of justice and perjury.
Both Stans and his co-defendant, the former attorney general John Mitchell, were acquitted of the charges.
In 1998, Stans died at the age of 90 in Pasedena, Calif.
MauriceStans served during Dwight D. Eisenhower's presidential administration as Deputy Postmaster General, Deputy Director of the Bureau of the Budget, and Director of the Bureau of the Budget.
That being said, MauriceStans primary significance to Shakopee is based on the role he has played in the philanthropy of the Shakopee community.
MauriceStans' successful career in the private sector led to the establishment of the Stans Foundation; a private foundation established in 1935 by Maurice and his wife Kathleen.
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