Politician, businessman. Born Willard Mitt Romney on March 12, 1947 in Detroit, Michigan. Raised in Bloomfield Hills, Michigan, Mitt Romney attended the prestigious Cranbrook School before receiving his undergraduate degree from Brigham Young University in 1971. He attended Harvard Law School and Harvard Business School and received both a law degree and an M.B.A. in 1975.
The son of George Romney, Michigan governor and Republican presidential nominee (he was defeated by Richard Nixon in 1968), Mitt Romney began his career in business. He worked for the management consulting firm Bain & Company before founding the investment firm Bain Capital in 1984. In 1994, he ran for the U.S. Senate in Massachusetts but was defeated by longtime incumbent Edward Kennedy.
In 1999, Romney stepped into the national spotlight when he took over as president of the Salt Lake Organizing Committee. He helped rescue the 2002 Winter Olympics from financial and ethical woes, and helmed a successful Salt Lake City Olympic Games in 2002.
Mitt Romney parlayed his success with the Olympics into politics when he was elected governor of Massachusetts in 2003. After serving one term, he declined to run for reelection and announced his bid for U.S. president.
Mitt Romney married Ann Davies in 1969; they have five sons, Tagg, Matt, Josh, Ben and Craig. He is a member of the Church of Jesus Christ of Latter-day Saints, also known as the Mormon Church. Romney is the author of the 2004 book "Turnaround: Crisis, Leadership, and the Olympic Games."
Posted by Dave at 11:32 AM
Willard Mitt Romney (born March 12, 1947) is an American businessman and politician. He was the 70th Governor of Massachusetts from 2003 to 2007 and is a candidate for the 2012 Republican Party presidential nomination.
Romney is the son of George W. Romney (the former Governor of Michigan) and Lenore Romney. He was raised in Bloomfield Hills, Michigan and then served as a Mormon missionary in France. He received his undergraduate degree from Brigham Young University, and thereafter earned Juris Doctor/Master of Business Administration joint degrees from Harvard Law School and Harvard Business School. Romney entered the management consulting business which led to a position at Bain & Company, eventually serving as its CEO to lead it out of crisis. He was also co-founder and head of the spin-off company Bain Capital, a private equity investment firm which became highly profitable and one of the largest such firms in the nation, and the wealth Romney accumulated there would help fund all of his future political campaigns. He ran as the Republican candidate in the 1994 U.S. Senate election in Massachusetts but lost to incumbent Ted Kennedy. Romney organized and steered the 2002 Winter Olympics as President and CEO of the Salt Lake Organizing Committee, and helped turn the troubled Games into a financial success.
Romney won the election for Governor of Massachusetts in 2002, but did not seek reelection in 2006. During his term, he presided over a series of spending cuts and increases in fees that eliminated a projected $3 billion deficit. He also signed into law the Massachusetts health care reform legislation, which provided near-universal health insurance access via subsidies and state-level mandates and was the first of its kind in the nation. During the course of his political career, his positions or rhetorical emphasis have shifted more towards American conservatism in several areas.
Romney ran for the Republican nomination in the 2008 U.S. presidential election, winning several caucus and primary contests, though he ultimately lost the nomination to John McCain. In the following years he published No Apology: The Case for American Greatness and gave speeches and raised campaign funds on behalf of fellow Republicans. On June 2, 2011, Romney announced that he would seek the 2012 Republican presidential nomination. Political observers and public opinion polls place him as a front-runner in the race.
Posted by Dave at 11:28 AM