Former Minnesota governor Tim Pawlenty (R) has been tapped as the new head of the Financial Services Roundtable, a major Wall Street lobbying group. He is stepping down as a co-chairman of Mitt Romney’s campaign to take the bipartisan job.
“I think this is the sexiest CEO job going around in the association space,” Ivan Adler, of the McCormick Group told The Hill. “If a CEO job for an association can be sexy, this is it.”
According to NBC News’ Andrew Rafferty, Pawlenty has been pursuing a private sector gig since dropping out of the presidential race last summer. For months, Pawlenty has doggedly stumped for Romney. He was considered a potential running-mate for the former
Pawlenty is replacing former
“My time in public service was rewarding and focused on achieving results,” Pawlenty said in a statement. “I am grateful to have had the opportunity to serve, but I am now moving on and committed to focusing fully on this new opportunity.”
In his own statement, Romney called Pawlenty a “dear friend. who “brought energy, intelligence and tireless dedication” to the campaign. (MORE)