Industry Breakfast / IHA Annual Meeting during the
2015 International Home + Housewares Show
Governor Mitt Romney Former Presidential Candidate and Massachusetts Governor
Tuesday, March 10, 2015
“Please join us for Governor Mitt Romney’s presentation. I encourage my fellow IHA members and industry participants to put the breakfast on their calendars and order tickets today.”
Chairman, IHA Board of Directors
Speaker Background Information:
Widely praised for his leadership as a public servant and businessman, former Governor Mitt Romney was the Republican nominee for president in 2012, running on a platform of creating jobs, reducing the debt, reforming tax law, and healthcare reform. One of Massachusetts’ most successful governors, he established a healthcare law that was the first of its kind in the nation and ensured coverage for all citizens of the state. In 2012, TIME included Romney in its list of the “100 Most Influential People in the World,” praising his “work ethic, analytical mind, and devotion to family and country.” Romney shares insights on the current political environment and business today, and audiences appreciate his ideas on the future of the nation, focusing on solutions to the debt, private sector growth, education, and immigration. He marries his practical business and gubernatorial expertise with his experience running for higher office in a presentation that leaves audiences with thoughtful approaches to the most pressing public policy issues of our time.
As the Governor of Massachusetts from 2002–2007, Romney led a dramatic reversal of state fortunes and a period of sustained economic expansion. Without raising taxes or increasing debt, he balanced the budget every year of his administration, closing the $3 billion budget gap he had inherited. By eliminating waste, streamlining the government, and enacting comprehensive economic reforms to help spur growth, Romney got the economy moving again and transformed deficits into a surplus that totaled nearly $1 billion. He also worked to dramatically lower unemployment rates and incentivize companies to add tens of thousands of jobs in Massachusetts.
Romney was a catalyst for changing Massachusetts’ healthcare and education programs. He is well known for his healthcare reform law. In 2006, he proposed and signed into law a private, market-based reform that ensured every Massachusetts citizen had health insurance, without a government takeover and without raising taxes. Romney also worked to ensure that young people could compete in the global economy. Additionally, Romney was elected chairman of the Republican Governors Association in 2006 and raised a record $27 million for candidates running in State House contests.
Prior to his time as governor, Romney was president and CEO of the 2002 Winter Olympic Games in Salt Lake City, where he first gained national recognition. He succeeded in erasing a $379 million operating deficit, organizing 23,000 volunteers, galvanizing community spirit, and overseeing an unprecedented security mobilization just months after the September 11th attacks, leading to one of the country’s most successful Olympics.
Romney started his career in business in 1978 as vice president of Bain & Company, helping companies grow and improve their operations. In 1984, he founded Bain Capital, one of the nation’s most successful venture capital and investment companies. In 1991, he returned to Bain & Company in order to lead a financial restructuring of the organization.
Today, Romney is a director of Marriott International and an advisor at private equity firm. He is also the author of Turnaround: Crisis, Leadership, and the Olympic Games (2004) and No Apology: The Case for American Greatness (2011).