Thursday 22 February 2018

Losing Presidential candidate Mitt Romney takes job at son’s investment firm

Mitt Romney and his wife Ann.
Mitt Romney and his wife Ann.

Edith Honan

FOUR months after losing the presidential election to Barack Obama, Mitt Romney is joining his son's investment firm.

Romney, last year's Republican presidential nominee, will serve as chairman of the executive committee at Solamere Capital, said the adviser, who asked not to be identified. A formal announcement is expected later this week.

Romney's son, Tagg Romney, co-founded Solamere in 2008 with Eric Scheuermann and Spencer Zwick, Mitt Romney's finance chairman in his 2008 and 2012 presidential campaigns.

Mitt Romney co-founded the private equity firm Bain Capital before serving as Massachusetts governor.

Reuters

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