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EncyclopediaRomney, MittRomney, Mitt (Willard Mitt Romney) (rom'nē) [key], 1947–, American politician and business executive, b. Detroit, Mich., grad. Brigham Young Univ. (B.A., 1971), Harvard (M.B.A., 1975, J.D., 1975); the son of George W. Romney, a prominent automobile industry executive and Republican governor of Michigan (1963–68). After graduating from Harvard, he began working for Bain and Co., a Boston investment firm, serving as vice president (1978–84) and CEO and chairman (1991–93). In 1984 he founded Bain Capital, a related investment firm, where he was CEO and managing partner. Following a scandal involving bribery in the awarding of the 2002 Winter Olympics to Salt Lake City, Romney was brought in to head the organizing committee (1999–2002); he reduced severe cost overruns and secured numerous corporate sponsors. He capitalized on his success in managing the Olympics to run as a Republican for governor of Massachusetts, serving for one term (2003–7). In 2007–8, Romney ran unsuccessfully for the Republican presidential nomination; his Mormon faith was an issue in some primaries. The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2007, Columbia University Press. All rights reserved. More on Mitt Romney from Infoplease:
- Willard "Mitt" Romney - Biography of 2008 presidential candidate Mitt Romney.
- Mitt Romney - Biography of Mitt Romney, Governor of Massachusetts, 2003-07
- Campaign 2008: Primary and Caucus Results - Results of the 2008 Presidential primaries and caucuses
- Year in Review, 2007 - An overview of national and international events, people in the news, timelines, and quizzes|Top events for the nation and the world
- Massachusetts: Government, Politics, and Higher Education - Government, Politics, and Higher Education The governor of Massachusetts is elected for a four-year ...
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