Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Tim Pawlenty Ditches Romney for CEO Gig

He'll head up powerful financial services lobbying group

By Kevin Spak,  Newser Staff

Posted Sep 20, 2012 10:07 AM CDT

(Newser) Passed over for vice president, Tim Pawlenty is getting out of Team Romney altogether and cashing in: He's stepping down as co-chairman of Romney's campaign to accept a job as CEO of the Financial Services Roundtable, one of the most powerful lobbying groups in DC, the Hill reports. Romney gave Pawlenty a glowing send-off, saying in a statement that he "brought energy, intelligence, and tireless dedication to every enterprise in which he's ever been engaged, and that certainly includes my presidential campaign."

The firm, which until now was helmed by Steve Bartlett, represents 100 of Wall Street's biggest firms. "I think this is the sexiest CEO job going around in the association space," one analyst said last week. Until now, Pawlenty had been considered a shoe-in for a top job in a hypothetical Romney administration, according to the Wall Street Journal, which also notes, with a touch of implied irony, that Pawlenty spent much of his campaigning days touting his middle class roots.

Former Minnesota Governor Tim Pawlenty addresses the Republican National Convention in Tampa, Fla., on Wednesday, Aug. 29, 2012.
Former Minnesota Governor Tim Pawlenty addresses the Republican National Convention in Tampa, Fla., on Wednesday, Aug. 29, 2012.   (AP Photo/J. Scott Applewhite)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
23%
1%
6%
14%
5%
51%
To report an error on this story, notify our editors.
COMMENTS
Showing 3 of 37 comments
OuttaHere
Sep 20, 2012 6:13 PM CDT
More rats jumping off the Mittanic.
LarryG
Sep 20, 2012 1:46 PM CDT
is this any surprise? Rmoney wasnt the choice that the GOP really wanted,,,his convention looked like one big job interview since speakers were giving resumes for 2016 rather than tooting Mittens horn for Pres,,,,get out the crutches because more will be jumping off the bandwagon breaking their ankles getting away from Mr Magic Pants....
JackNelsonSteward
Sep 20, 2012 1:08 PM CDT
Looks like the GOP high rollers are taking to the golden parachutes. Smell the smoke?
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne