William Averell Harriman (November 15, 1891Β β July 26, 1986) was an American politician, businessman, and diplomat. He was a founder of Harriman & Co. which merged with the older Brown Brothers to form the Brown Brothers Harriman & Co. investment bank, served as Secretary of Commerce under President Harry S. Truman, and was the 48th governor of New York. He unsuccessfully sought the Democratic Party nomination for president in 1952 and 1956. Throughout his career, he was a key foreign policy advisor to Democratic presidents.
Harriman was born to a wealthy family as the son of railroad baron E. H. Harriman. While attending Groton School and Yale University, he made contacts that led to creation of a banking firm that eventually merged into Brown Brothers Harriman & Co. He owned parts of various other companies, including Union Pacific Railroad, Merchant Shipping Corporation, and Polaroid Corporation. During the presidency of Franklin D. Roosevelt, Harriman served in the National Recovery Administration and on the Business Advisory Council before moving into foreign policy roles. After helping to coordinate the Lend-Lease program, Harriman served as Roosevelt's personal envoy to the United Kingdom, then as the ambassador to the Soviet Union, and attended the major World War II conferences. After the war, he became a prominent advocate of George F. Kennan's policy of containment. He also served as Secretary of Commerce, and coordinated the implementation of the Marshall Plan.