Romney Takes Post at Son's Equity Firm

Mitt returns to private sector
By John Johnson,  Newser Staff
Posted Mar 6, 2013 5:23 PM CST
Romney Takes Post at Son's Equity Firm
Mitt Romney hugs son Tagg at a campaign rally in Ohio last November.   (AP Photo/Charles Dharapak)

If the public sector won't have him, Mitt Romney is fine returning to the private one: He is taking a new post with son Tagg's venture capital firm, reports NBC News. Romney will serve as chair of Solamere Capital's executive committee, which translates into about a week of work per month advising on private-equity decisions. Letters have gone out to top investors, reports AP, which notes that Romney already was a limited partner at the Boston company. (Read more Mitt Romney stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.