Mitt Romney
Widely recognized for his leadership and accomplishments as a public servant and in private enterprise, former Massachusetts Governor Mitt Romney currently serves as the Honorary Chairman of the Free and Strong America PAC.
Elected Governor of Massachusetts in 2002, Governor Romney presided over a dramatic reversal of state fortunes and a period of sustained economic expansion. Without raising taxes or increasing debt, Governor Romney balanced the budget every year of his administration, closing a $3 billion budget gap inherited when he took office. By eliminating waste, streamlining the government, and enacting comprehensive economic reforms to stimulate growth in Massachusetts, Romney got the economy moving again and transformed deficits into surpluses.
At the beginning of Governor Romney’s term, Massachusetts was losing thousands of jobs every month. By the time he left office, the unemployment rate was lower, hundreds of companies had expanded or moved to Massachusetts, and in the last two years of his term, the state had added approximately 60,000 jobs.
One of Governor Romney’s top priorities as Governor was reforming the education system so that young people could compete for better paying jobs in the global economy of the future. In 2004, Governor Romney established the John and Abigail Adams Scholarship Program to reward the top 25 percent of Massachusetts high school students with a four-year, tuition-free scholarship to any Massachusetts public university or college.
In 2006, Governor Romney proposed and signed into law a private, market-based reform that ensures every Massachusetts citizen will have health insurance, without a government takeover and without raising taxes.
Governor Romney was elected to the Chairmanship of the Republican Governors Association by his fellow Governors for the 2006 election cycle, and raised a record $27 million for candidates running in State House contests around the country.
Prior to his Olympic service in 2002, Mitt Romney enjoyed a successful career helping businesses grow and improve their operations. From 1978 to 1984, Mr. Romney was a Vice President at Bain & Company, Inc., a leading management consulting firm. In 1984, Romney founded Bain Capital, one of the nation’s most successful venture capital and investment companies. Bain Capital helped launch hundreds of companies on a successful course, including Staples, Bright Horizons Family Solutions, Domino’s Pizza, Sealy, Brookstone, and The Sports Authority. He was asked to return to Bain & Company as CEO several years later in order to lead a financial restructuring of the organization. Today, Bain & Company employs more than 2,000 people in 25 offices worldwide.
Governor Romney received his B.A., with Highest Honors, from Brigham Young University in 1971. In 1975, he was awarded an MBA from Harvard Business School, where he was named a Baker Scholar, and a J.D., cum laude, from Harvard Law School.
Governor Romney and his wife Ann have been married for 40 years and have five sons, five daughters-in-law, and fifteen grandchildren.