Paul Gray Hoffman (April 26, 1891 – October 8, 1974) was an American automobile company executive, statesman, and global development aid administrator.

Returning to Studebaker in 1953, Hoffman was chairman of the corporation during the turbulent period leading up to and during the 1954 merger with the Packard Motor Car Company.

Hoffman, Vance (who had become chairman of the executive committee after the Packard merger) and S-P president James J. Nance all left the company.

Truman initially wanted to nominate Dean Acheson, but Hoffman was a more acceptable candidate to Congress, which preferred someone with more business acumen.

They agreed that the "salvage function is substantially completed" and that the ECA should now focus on integrating the economies of Europe by supporting European-led initiatives to reduce trade barriers, coordinate fiscal policy, streamline regulation, and ensure currency convertibility and stability.

Invoking a comparison to the United States, he argued:The substance of such integration would be the formation of a single large market within which quantitative restriction on the movements of goods, monetary barriers to the flow of payments and, eventually, all tariffs are permanently swept away.

[7] Hoffman's tenure as administrator of ECA was marked by dramatic improvements in the industrial and agricultural output of countries receiving Marshall Plan aid.