Glenn Youngkin
Glenn Youngkin | |
---|---|
![]() | |
74th Governor of Virginia | |
Assumed office January 15, 2022 | |
Lieutenant | Winsome Sears |
Preceded by | Ralph Northam |
Personal details | |
Born | Glenn Allen Youngkin December 9, 1966 Richmond, Virginia, U.S. |
Political party | Republican |
Spouse(s) | Suzanne Youngkin (m. 1995) |
Children | 4 |
Education | Rice University (BA, BS) Harvard University (MBA) |
Glenn Allen Youngkin (born December 9, 1966) is an American businessman and politician currently serving as the 74th governor of Virginia since January 15, 2022. A member of the Republican Party, Youngkin defeated former Democratic governor Terry McAuliffe in the 2021 Virginia gubernatorial election.[1][2] Prior to entering politics, he spent 25 years at the private-equity firm the Carlyle Group, where he became co–CEO in 2018.[3] Youngkin stepped down from the Carlyle Group in September 2020, and announced his candidacy for the 2021 Virginia gubernatorial election in January 2021.[4]
Early life and education[]
Glenn Allen Youngkin[5] was born in Richmond, Virginia,[6] on December 9, 1966.[7] He is the son of Ellis (née Quinn) and Carroll Wayne Youngkin. His father played basketball for Duke University and worked in accounting and finance.[8] When Youngkin was a teenager, the family moved from Richmond to Virginia Beach.[9] He attended Norfolk Academy in Norfolk, Virginia, graduating in 1985.[10] He received numerous high school basketball honors.[11]
Youngkin attended Rice University in Houston, Texas on a basketball scholarship.[12] He played four seasons for the Owls in the Southwest Conference, and he totaled 82 points and 67 rebounds in his career.[13] In 1990, he graduated with a Bachelor of Arts in managerial studies and a Bachelor of Science in mechanical engineering.[14][15] He attended Harvard Business School and earned a Master of Business Administration (MBA) degree in 1994.[16]
Career[]
Early career[]
After graduating from Rice in 1990, Youngkin joined the investment bank First Boston,[15] where he handled mergers and acquisitions and capital market financing.[17] The company was bought out by Credit Suisse and became Credit Suisse First Boston; Youngkin left in 1992 to pursue an MBA.[18][15]
In 1994, after receiving his MBA, he joined the management consulting firm McKinsey & Company.[18][15][19]
The Carlyle Group[]
In August 1995,[19] Youngkin joined the private-equity firm The Carlyle Group, based in Washington, D.C.,[18] initially as a member of the US buyout team.[15] In 1999, he was named a partner and managing director of Carlyle.[20][21] He managed the firm's United Kingdom buyout team (2000–2005)[15][22] and global industrial sector investment team (2005–2008), dividing his time between London and Washington.[20][23]
In April 2008, Carlyle's founders asked Youngkin to step back from deal-making to focus on the firm's broader strategy.[3][24] In 2009, the founders created a seven-person operating committee, chaired by Youngkin, which oversaw the non-deal, day-to-day operations of Carlyle.[24][25] In 2009 Youngkin also joined, along with Daniel Akerson, the firm's executive committee, which had previously consisted solely of the three founders.[25][26]
When Carlyle's chief financial officer Peter Nachtwey left suddenly in late 2010, Youngkin became interim CFO[27] until Adena Friedman was hired as CFO late March 2011.[28] In 2010, Youngkin joined the firm's management committee.[29][24] Youngkin was chief operating officer of the Carlyle Group from March 2011 until June 2014.[30]
Youngkin played a major role in taking Carlyle public, supervising the initial public offering.[24][31][32][27][33][34]
In June 2014, he became co-president and co-chief operating officer with Michael J. Cavanagh, who joined the Carlyle Group from JPMorgan Chase.[35][36] Together they helped develop and implement the firm's growth initiatives and managed the firm's operations on a day-to-day basis.[37] Cavanagh left the firm in May 2015 to become CFO of Comcast, leaving Youngkin as president and COO of Carlyle.[38]
Co-CEO[]
In October 2017, the Carlyle Group announced that its founders would remain executive chairmen on the board of directors but step down as the day-to-day leaders of the firm; they named Youngkin and Kewsong Lee to succeed them, as co-CEOs, effective January 1, 2018.[3] As co-CEOs, Youngkin oversaw Carlyle's real estate, energy, infrastructure businesses, and investment solutions businesses; Lee oversaw the firm's corporate private equity and global credit businesses.[39][40] Youngkin and Lee also joined the firm's board of directors when they became co-CEOs.[34]
During Youngkin and Lee's tenure as co-CEOs, they oversaw the firm's transition from a publicly traded partnership into a corporation.[41][42][43]
Bloomberg News described the co-CEO relationship as "awkward ... and increasingly acrimonious" and Youngkin announced his retirement after 2 1⁄2 years.[33] In July 2020, Youngkin announced that he would retire from the Carlyle Group at the end of September 2020, stating his intention to focus on community and public service efforts.[44][41] In 2020, Youngkin and his wife founded a nonprofit, Virginia Ready Initiative, focusing on connecting unemployed people in the state with job-training programs and potential employers.[45][46][47][48]
2021 gubernatorial election[]
![](http://upload.wikimedia.org/wikipedia/commons/thumb/8/82/2021_Virginia_gubernatorial_election_results_map_by_county.svg/220px-2021_Virginia_gubernatorial_election_results_map_by_county.svg.png)
- Youngkin—80–90%
- Youngkin—70–80%
- Youngkin—60–70%
- Youngkin—50–60%
- Youngkin—40–50%
- McAuliffe—50–60%
- McAuliffe—60–70%
- McAuliffe—70–80%
- McAuliffe—80–90%
In January 2021, Youngkin announced that he would seek the Republican Party of Virginia's nomination for governor of Virginia.[49][9] A first-time candidate, Youngkin's personal wealth gave him the ability to self-fund his candidacy,[50][51] and he spent at least $5.5 million of his own money on his primary campaign.[52] Youngkin was endorsed by Ted Cruz during the primary; Cruz has described Youngkin as a close family friend.[53][54][55] Youngkin had previously donated to Cruz's 2018 re-election campaign.[55]
Youngkin won the nomination at the party's state convention on May 10, 2021, after multiple rounds of ranked-choice voting at 39 locations across the state. He defeated six other candidates.[52] All the Republican candidates, including Youngkin, stressed their support for Donald Trump and Trumpism, although other candidates for the nomination, such as state senator Amanda Chase, were the most vocally pro-Trump.[51][56] After winning the party's nomination, Youngkin was endorsed by Trump.[56] Youngkin called the endorsement an "honor"[56] but sought to distance himself from some of Trump's most ardent supporters.[57] The New York Times wrote in October that Youngkin had sought to localize the race.[58] Youngkin openly courted both Trump supporters and never-Trump voters.[59]
Youngkin faced the Democratic nominee, former governor Terry McAuliffe, in the general election. On July 12, 2021, Youngkin declined to face McAuliffe in the Virginia Bar Association debate, citing his objection to the moderator, Judy Woodruff, for a donation she made to the Clinton Bush Haiti Fund in 2010. The VBA had held a gubernatorial debate every election year since 1985.[60] McAuliffe and Youngkin went on to debate two times during the campaign.[61][62]
According to PolitiFact, before the Republican convention, Youngkin "toed a delicate line when asked if Biden was legitimately elected. He acknowledged that Biden was president but would not clearly say whether he thought the president was fairly elected. After the convention, Youngkin began acknowledging that Biden's election was legitimate."[63] Amanda Chase, who has advanced conspiracy theories about the 2020 election, acted as a campaign surrogate for Youngkin,[64] and the Associated Press noted that Youngkin "failed to refute a conspiracy theory" about the 2020 election;[65] when asked at one of his rallies if Trump could be restored as president, Youngkin replied "I don’t know the particulars about how that can happen because what’s happening in the court system is moving slowly and it’s unclear."[65][66][67]
Youngkin made a campaign appearance with Mike Pence in August,[68] and former Trump advisor Steve Bannon spoke in support of Youngkin at an October rally, which also featured a video appearance from Trump. Youngkin did not personally attend the October rally, although he thanked the host for holding it.[69][70] He later called it "weird and wrong" when that rally opened with attendees pledging allegiance to a flag that had flown, in the words of the event emcee, "at the peaceful rally with Donald J. Trump on Jan. 6."[71]
When asked by Axios during the campaign whether he would have voted to certify Biden's election had he been a member of Congress at the time, Youngkin initially refused to answer. A few days later, Youngkin's campaign released a statement confirming that Youngkin would have voted to certify Biden's election.[72] Youngkin continued to emphasize "election integrity" as a major campaign issue and has supported stricter voting laws, such as a photo ID requirement.[73][74]
During his second debate against McAuliffe, Youngkin asserted that McAuliffe had vetoed legislation that would have required schools to inform parents about sexually explicit content in educational materials.[75][76] McAuliffe defended his veto, saying: "'I'm not going to let parents come into schools and actually take books out and make their own decision... I don’t think parents should be telling schools what they should teach'".[77][78][76] This quote was described by Politico as "a widely perceived gaffe that Republicans quickly pounced on",[79] and Youngkin used it to create an attack ad.[80][81][82] Following the election, Newsweek cited polling data showing that McAuliffe's comment on the veto had been "a major factor in the race".[83]
The legislation discussed by Youngkin and McAuliffe during their debate exchange had originated when a conservative activist attempted to have the book Beloved by Toni Morrison removed from high school curriculums in Virginia. This activist was featured in an ad for Youngkin's campaign, although the ad did not specify which book the activist had opposed or that her child had been a high school senior when the book was assigned.[84][85][86] Youngkin's focus on the legislation, known as the "Beloved Bill", was criticized by Virginia Democrats, who accused him of targeting a black author. Both McAuliffe and Richmond mayor Levar Stoney called Youngkin's use of this issue "a racist dog whistle".[84][85][87] Youngkin countered that some Virginia Democrats had voted for the bill.[85][87] NBC News wrote that Beloved "erupted as a flashpoint in the closing days of Virginia's race for governor",[87] and The Washington Post wrote shortly before the election that the book had "suddenly become the hottest topic" in the campaign.[84]
On November 2, 2021, Youngkin defeated McAuliffe, 50.58%-48.64%.[88] Before the 2021 elections, Republicans had not prevailed in a statewide race in Virginia since 2009.[89] Youngkin's victory was attributed to a coalition of voters consisting of Trump supporters and suburban residents who had supported Joe Biden in 2020.[90][91]
Governor of Virginia (2022–present)[]
Youngkin was sworn in as governor of Virginia on January 15, 2022. After being inaugurated, Youngkin signed multiple executive orders, including barring the teaching of critical race theory in public schools and rescinding multiple COVID-19 regulations such as the mask mandate on public schools and the COVID-19 vaccine mandate for all state employees.[92] Governor Youngkin also signed executive orders that would create a commission to help fight against antisemitism in the commonwealth and another that would combat human trafficking.[93]
In his first week in office, Youngkin responded to the January 14–17, 2022 North American winter storm.[94]
Political positions[]
![](http://upload.wikimedia.org/wikipedia/commons/thumb/f/f5/Glenn_Youngkin_with_the_Virginia_Congressional_delegation.jpg/200px-Glenn_Youngkin_with_the_Virginia_Congressional_delegation.jpg)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/6/6b/Meeting_Governor_Elect_Youngkin_%2851799526591%29.jpg/200px-Meeting_Governor_Elect_Youngkin_%2851799526591%29.jpg)
On The Issues, a non-partisan organization that tracks candidates' positions, and is owned by Snopes, considers Youngkin to be a "Hard-Core Conservative" or “Right Conservative” Republican.[95] The Washington Post wrote that Youngkin "offered a moderate conservative platform, but also played into hot-button culture wars."[96] While running in the Republican primary, Youngkin pledged to "stand up against all of the legislation that has been passed by the Democrats" and to be an opponent of abortion.[97] He describes himself as "pro-life" but says he supports legal access to abortion in cases of saving the pregnant patient's life, rape, and incest.[98] Youngkin criticized the Texas Heartbeat Act, which bans most abortions after the sixth week of pregnancy, stating he instead favors a "pain threshold bill," which occurs around twenty weeks.[99][100] Youngkin personally opposes same-sex marriage, but has said he would not interfere with the issue as governor.[101] In an interview with the Associated Press, he said that he considers same-sex marriage "legally acceptable" and that "as governor, [he] would support [legal same-sex marriage]."[102][103][104]
Throughout his primary campaign, Youngkin spoke out against gun legislation that Democrats had passed, including expanded background checks, handgun purchase limitations and red flag laws.[97] After winning the nomination, he de-emphasized these social issues, seeking to appeal to suburban swing voters.[97] In July, he was caught on a hot mic telling an activist that he would limit his comments about abortion during the campaign so that he would not alienate independent voters.[105][106] Also in July, the National Rifle Association (NRA) declined to endorse Youngkin after he declined to fill out their candidate survey.[107] In September, a Democratic-aligned group began running ads in conservative parts of Virginia, seeking to diminish Republican turnout by attacking his lack of an endorsement from the NRA.[108]
Climate change[]
Asked if he accepts the scientific consensus on the causes of climate change, Youngkin said he does not know what causes climate change and that the cause ultimately does not matter.[109] He supports climate change adaptation efforts such as building additional seawalls.[109][110] While running for governor, Youngkin said he would not have signed Virginia's Clean Economy Act (which calls for Virginia's carbon emissions to reach net zero by 2050) because he believes it would increase utility prices.[109] After becoming governor, Youngkin said he would take Virginia out of the Regional Greenhouse Gas Initiative, a regional carbon cap-and-trade market.[111]
COVID-19[]
Youngkin supports the COVID-19 vaccine, but opposes mask and vaccine mandates.[112] On November 19, 2021, he said, "I want to make it clear. On day one, I will rescind the executive order mandating that government employees have to get a vaccine and have to wear a mask." He also said he would rescind any mask requirements for school children.[113] On his very first day in office, on January 15th, 2022, he followed through on those promises.[92]
Education[]
Youngkin's education platform was identified as the centerpiece of his campaign by much of the national media.[114][115][116][117][118] The Youngkin campaign opposed protections for transgender students in Virginia public schools and was against what Youngkin characterized as the pervasive teaching of critical race theory in the state.[114][115][116][118] Politifact and PBS criticized these claims, saying they found no evidence that critical race theory was part of state curriculum standards and little evidence of it being taught in classrooms.[119][120] Youngkin sought to mobilize voters on the issue of education by holding Parents Matter rallies.[114][116] He also called for campus police to be stationed at every school in Virginia, following two sexual assaults in Loudoun County schools.[121][122] According to Politico, Youngkin "hung his campaign on education",[118] and The New York Times wrote that Youngkin's campaign turned Virginia public schools into "a cultural war zone".[116]
Taxes[]
Youngkin supports eliminating the grocery tax, suspending the gas tax increase, offering a one-time rebate on income tax, doubling the standard deduction on income tax, cutting the retirement tax on veterans' income, and implementing voter approval for any additional increase to local property taxes, which the Associated Press has called the "most wide-ranging and detailed" plan of his campaign.[123]
Personal life[]
![](http://upload.wikimedia.org/wikipedia/commons/thumb/8/84/Glenn_Youngkin_%2850929467593%29.jpg/150px-Glenn_Youngkin_%2850929467593%29.jpg)
Youngkin lives in Great Falls, Virginia, with his wife Suzanne and their four children John, Grant, Anna and Thomas.[124] As of September 2021, he had an estimated net worth of $440 million.[125] Youngkin is 6'7".[126][127] Youngkin and his wife helped found Holy Trinity Church in McLean, Virginia, previously[when?] serving on the vestry.[128][129] Holy Trinity describes itself as a "non-denominational church with Anglican roots and a contemporary charismatic expression."[130] Holy Trinity was supported at its start by Holy Trinity Brompton.[131]
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- ^ Lance–Star, James Scott Baron The Free. "Youngkin capitalizes on McAuliffe's debate gaffe". Fredericksburg.com.
- ^ Impelli, Matthew (November 15, 2021). "McAuliffe saying parents shouldn't tell schools what to teach big factor in election: Poll". Newsweek.
- ^ a b c "Fight over teaching 'Beloved' book in schools becomes hot topic in Virginia governor's race". Washington Post. ISSN 0190-8286. Retrieved January 17, 2022.
- ^ a b c "Toni Morrison's "Beloved" at center of latest battle in Virginia governor's race". www.cbsnews.com. Retrieved January 17, 2022.
- ^ Lerer, Lisa; Epstein, Reid J. (October 27, 2021). "G.O.P. Attack Involving Toni Morrison Novel Inflames Virginia Contest". The New York Times. ISSN 0362-4331. Retrieved January 17, 2022.
- ^ a b c "Battle over 'Beloved': McAuliffe criticizes Youngkin for ad he calls 'racist dog whistle'". NBC News. Retrieved January 17, 2022.
- ^ "2021 November General". results.elections.virginia.gov.
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- ^ a b Cain, Andrew (January 15, 2022). "Youngkin signs executive orders to bar 'critical race theory,' COVID-19 mandates". Richmond Times-Dispatch. Retrieved January 15, 2022.
- ^ Newsroom, NBC12. "Gov. Youngkin signs 11 executive actions on first day of administration". https://www.nbc12.com. Retrieved January 17, 2022. External link in
|website=
(help) - ^ "On his first full day in office, Youngkin leads state through icy winter storm". 8News. January 17, 2022. Retrieved January 17, 2022.
- ^ "Glenn Youngkin on the Issues". www.ontheissues.org. Retrieved November 8, 2021.
- ^ Schneider, Gregory S.; Vozzella, Laura (November 3, 2021). "Republican Glenn Youngkin became Virginia governor by wooing both moderates and Trump supporters. So how Trumpy is he?". The Washington Post. Retrieved January 17, 2022.
- ^ a b c Vozzella, Laura (May 25, 2021). "Glenn Youngkin, GOP nominee for Virginia governor, goes mum on guns and abortion". The Washington Post. Archived from the original on August 18, 2021. Retrieved May 30, 2021.
- ^ "McAuliffe, Youngkin clash over abortion, COVID in 1st debate". Associated Press. September 16, 2021. Retrieved November 4, 2021.
- ^ Rankin, Sarah; Helber, Steve (September 17, 2021). "McAuliffe, Youngkin Clash Over Abortion, COVID in 1st Debate". US News & World Report. Archived from the original on October 11, 2021. Retrieved September 19, 2021.
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- ^ "Virginia governor nominee Glenn Youngkin criticized for opposing same-sex marriage". Metro Weekly. October 25, 2021. Archived from the original on November 1, 2021. Retrieved November 1, 2021.
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- ^ "Virginia governor nominee Glenn Youngkin criticized for opposing same-sex marriage". Metro Weekly. October 25, 2021. Retrieved November 4, 2021.
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- ^ a b c Hankerson, Mechelle (October 12, 2021). "What Virginia gubernatorial candidates say about sea level rise". WHRO-TV. Archived from the original on October 13, 2021. Retrieved October 25, 2021.
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External links[]
- Campaign website
- Ballotpedia profile
- Glenn Youngkin at the Virginia Public Access Project
- Profile at Vote Smart
- Appearances on C-SPAN
- 1966 births
- 20th-century American businesspeople
- 21st-century American businesspeople
- American chief executives of financial services companies
- American nonprofit executives
- Businesspeople from Richmond, Virginia
- Christians from Virginia
- Founders of charities
- Governors of Virginia
- Harvard Business School alumni
- Living people
- Members of the Council on Foreign Relations
- People from Great Falls, Virginia
- Politicians from Richmond, Virginia
- Rice Owls men's basketball players
- Rice University alumni
- The Carlyle Group people
- Virginia Republicans