Herman Cain


wen_jiabao

Herman Cain, 65, is a businessman, radio host, minister and author from Georgia. This was his his second run for the presidency. Cain ended his campaign on December 3, blaming media attention to allegations of improper sexual conduct.

Cain, whose mother was a cleaning woman and whose father was a chauffeur, is a self-styled conservative and champion of limited government. In 1994, as president of Godfather’s Pizza Inc., he challenged President Bill Clinton at a forum on the administration’s proposed health-care overhaul, arguing that its employer mandate would hurt small businesses.

Armed with degrees in mathematics from Morehouse College in Atlanta and computer science from Purdue University in Indiana and the can-do zeal of a preacher (he is an associate minister at Antioch Baptist Church North in Atlanta), Cain established a business reputation as a turnaround specialist.

He began his career as a business analyst at Coca-Cola Co., moving to Pillsbury Co. in 1977. Several years later he left his job as a corporate vice president to join Burger King, a Pillsbury subsidiary, where he led the revival of the chain’s struggling outlets in Philadelphia. He achieved similar success with Godfather’s, another Pillsbury subsidiary, in the mid 1980s. In 1986, he became president and chief executive officer of the pizza chain, a position he held until 1996, when he joined the National Restaurant Association, an industry trade group, as its chief executive officer.

Politics has proven more challenging. In 1996, after serving as a member and chairman of the board of the Federal Reserve Bank in Kansas City, Missouri, Cain joined the campaign of Senator Bob Dole, the Republican presidential nominee, as a senior economic adviser. Until early this year he was the host of “The Herman Cain Show,” a conservative talk show on WSB Radio in Atlanta.

Cain briefly sought the Republican presidential nomination in 2000, and four years later he finished second in the primary for the Republican nomination for a U.S. Senate seat from Georgia. He announced the formation of an exploratory committee for the 2012 Republican presidential nomination in January and won the Florida Republican straw poll on Sept. 24 and the Illinois Tea Party straw poll on Oct. 3.

Cain, who has written four books, lives in suburban Atlanta with his wife, Gloria Cain. They have two grown children.

Herman Cain News

Opinion by Bloomberg View

Presidential Campaign News

  • U.S. House Votes to Avert Student Loan Rate Increase

    Updated 14 minutes ago

    By a vote of 221-198, the U.S. House passed legislation that would reset interest rates on federal student loans and avert a scheduled doubling of rates this summer.

  • Obama Commerce Pick Seen Pressed on Bank Role, Trusts

    Updated 2 hours, 48 minutes ago

    Chicago billionaire Penny Pritzker, whose fundraising prowess fueled President Barack Obama’s ascent, will confront Republicans’ questions about a bank she led and offshore trusts that benefit her during a hearing on her nomination to be U.S. Commerce secretary.

  • Senate Leaders Millionaires in Financial-Disclosure Data

    Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell reported their net worth in the millions of dollars as the U.S. Senate released personal financial disclosure reports for its members.

  • Boston Bombing-Murder Probe Said to Spur Deadly Face-Off

    Updated 1 hour, 24 minutes ago

    A Florida man was shot dead in a confrontation with law-enforcement officers who were questioning him about a triple murder two years ago that has been linked to a Boston Marathon bombing suspect, according to two officials familiar with the matter.

  • Cuomo Creating Tax-Free Zones at SUNY Campuses to Boost Economy

    New York Governor Andrew Cuomo said he will create 120 million square feet of tax-free zones at 64 public university campuses outside of New York City to bolster the upstate economy.

  • Jolie Gems, Warhol, Wine Lure Billionaires to Hong Kong

    Hong Kong is taking center stage on the global conspicuous-consumption circuit this week as billionaires descend on the city to choose from Angelina Jolie’s diamonds, Andy Warhol’s paintings and bottles of Romanee-Conti.

  • Firm Leaders Survey, Kramer Levin: Business of Law

    Law firm leaders are failing to make the changes necessary to effectively manage their enterprises under today’s conditions, according to a new survey by consultant Altman Weil.

  • Tesla Repaying Loan for ‘Losers’ Gives Obama Green Win

    Tesla Motors Inc., labeled a “loser” by Mitt Romney during the U.S. election, is giving President Barack Obama’s green-energy strategy its biggest win after almost two years of failures pounced upon by Republicans.

  • Pritzker’s Superior Bank Subprime Losses Blemish Resume

    A 61-page report carrying the seal of the Treasury’s inspector general offers a tutorial for Republican senators interested in challenging Penny Pritzker’s commerce secretary nomination.

  • Shulman’s Above-Fray IRS Posture to Get Tested by Issa

    Former IRS Commissioner Douglas Shulman’s self-portrait of an executive intentionally distanced from political controversy will be tested today by House Republicans eager to uncover details about the tax agency’s scrutiny of small-government groups.

Advertisement

Herman Cain Photo Gallery

Sponsored Links
Advertisement
Curation software by Lingospot