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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

(Newser) – 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.

Mitt Romney hugs son Tagg at a campaign rally in Ohio last November.
Mitt Romney hugs son Tagg at a campaign rally in Ohio last November.   (AP Photo/Charles Dharapak)
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COMMENTS
Showing 3 of 20 comments
RaymeeDotCom
Mar 7, 2013 9:37 AM CST
Doesn't matter, done Mitt Yawn-ney. The GOP proved how out of touch they were with this guy.
BinThereDunThat
Mar 7, 2013 9:19 AM CST
This is old news. I heard this shortly after he lost. Good thing Tagg had a business he could join. :)
RogerMohajir
Mar 7, 2013 7:58 AM CST
I liked the headline in my local newspaper better: "Romney Takes New Position." It was comforting in its utter familiarity.
 

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