W. Mitt Romney
Mitt Romney has been an effective leader in both the business and public
service worlds. Three years ago, with the 2002 Winter Olympics mired in
controversy and facing serious financial crisis, Mitt was asked to become
President and CEO of the Salt Lake Organizing Committee. Although the challenge
seemed daunting, he was compelled to assume the task by both the urgings
of his wife, Ann, and by the memory of his father, George Romney, who had
been a successful businessman, three-term Michigan Governor and tireless
advocate of volunteerism.
In his three years in Salt Lake, Mitt erased a $379 million operating deficit, organized 23,000 volunteers, galvanized community spirit, oversaw an unprecedented security mobilization to ensure public safety and led one of the most successful Olympics in our country’s history.
From 1978 to 1984, Mr. Romney was a Vice President of Bain & Company, Inc., the Boston-based management consulting firm. In 1984, he founded Bain Capital, an investment company that founded, acquired or invested in hundreds of companies, including Staples, Domino’s Pizza, Brookstone, and others.
In 1990, Mitt took a two-year leave of absence from Bain Capital to return to Bain and Company as its interim-CEO during a period of financial turmoil. While there, he led Bain and Company’s highly successful turnaround. Today, Bain & Company has 25 offices worldwide and over 2000 employees.
Mitt is deeply involved in community and civic affairs and was a longtime board member of City Year. In 1994, Mitt was the Massachusetts Republican nominee for The United States Senate against Ted Kennedy and was applauded for running a credible race against a formidable opponent.
Mitt received his BA with highest honors from Brigham Young University in 1971. In 1975, he was awarded an MBA from Harvard Business School and was named a Baker Scholar. In 1975, he also received his Juris Doctorate, cum laude, from Harvard Law School.
Mitt, 55, and his wife, Ann, have been married for 32 years. They have five grown sons (Tagg, Matt, Josh, Ben and Craig), three daughters-in-law (Jen, Laurie and Jen) and four grandchildren (Allie, Chloe, Nick and Joe).