Richard Darman

Richard Darman
Richard Darman
Director of the Office of Management and Budget
	In office; January 25, 1989 – January 20, 1993
President	George H. W. Bush
Preceded by	Joe Wright
Succeeded by	Leon Panetta
United States Deputy Secretary of the Treasury
	In office; 1985–1987
President	Ronald Reagan
Preceded by	R. T. McNamar
Succeeded by	Peter McPherson
White House Staff Secretary
	In office; June 17, 1981 – February 1, 1985
President	Ronald Reagan
Preceded by	David Gergen
Succeeded by	David Chew
Personal details
Born	Richard Gordon Darman; May 10, 1943; Charlotte, North Carolina, U.S.
Died	January 25, 2008 (aged 64); Washington, D.C., U.S.
Political party	Republican
Spouse(s)	Kathleen Emmet (1967–present)
Children	3
Education	Harvard University (BA, MBA)

Richard Gordon "Dick" Darman (May 10, 1943 – January 25, 2008) was an American businessman and government official who served in senior positions during the presidencies of Ronald Reagan and George H. W. Bush.

Early life

Darman was born in Charlotte, North Carolina, the son of Eleanor F. and Morton H. Darman.[1] His father was a textile mill owner.

Darman graduated with honors from Harvard College in 1964 and from the Harvard Graduate School of Business Administration in 1967.

Career

Darman was regarded as provocative and intelligent by Washington insiders but was criticized by some economists for being too focused on the budget deficit and was sometimes blamed for convincing Bush to renege on his promise of "Read my lips: No new taxes," which is widely believed to have contributed to Bush's defeat in the election of 1992. Darman had previously tried to stop Bush from making the promise during the 1988 campaign.[2]

Prior to serving as Director of the Office of Management and Budget under the first President Bush from 1989 to 1993, Darman held other governmental positions, including: Assistant to the President of the United States and White House Staff Secretary[3] (1981–85); Deputy Secretary of the Treasury (1985–87); and Assistant Secretary of Commerce (1976–77). He also was a member of the faculty of Harvard Kennedy School on three occasions between 1977 and 2002.

Since May 1, 2003, Darman had been Chairman of the Board of AES Corporation, an electric utility company.

From 1993 until his death in 2008, Darman was a partner and managing director of The Carlyle Group. During that period, Carlyle went from being a small firm with 26 employees to one of the world's largest and most successful private equity firms.

Darman was a trustee of the Loomis Sayles Funds, the IXIS Funds, and the Howard Hughes Medical Institute. He served as Chairman of the Board of the Smithsonian National Museum of American History.

Personal life

He married Kathleen Emmet on September 1, 1967; they had three sons, William T. E., Jonathan W. E. and C. T. Emmet Darman.

Darman died on January 25, 2008, at the age of 64, following a battle with acute myelogenous leukemia.

gollark: Who says "being unable to move while an ominous entity looms over you" or something isn't a "base fear"?

gollark: How are, say, spiders "inherently" scary?

gollark: Isn't this true of everything?

gollark: You see, computers fear me.

gollark: You have to know how to deal with these things. Threats. Lots of threats.

References

Darman, Richard Gordon (1996). Who's in Control? Polar Politics and the Sensible Center. Simon & Schuster. p. 365. ISBN 0-684-81123-5.
Greene, John Robert (2000). The Presidency of George Bush. Lawrence: University Press of Kansas. p. 37. ISBN 0-7006-0993-8.
"Appointment of Richard G. Darman as Assistant to the President and Deputy to the Chief of Staff". The American Presidency Project. Retrieved October 8, 2014.

Who's Who in America (2007 ed.).

External links

Political offices
Preceded by David Gergen	White House Staff Secretary 1981–1985	Succeeded by David Chew
Preceded by R. T. McNamar	United States Deputy Secretary of the Treasury 1985–1987	Succeeded by Peter McPherson
Preceded by Joe Wright	Director of the Office of Management and Budget 1989–1993	Succeeded by Leon Panetta

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[1] Darman, Richard Gordon (1996). Who's in Control? Polar Politics and the Sensible Center. Simon & Schuster. p. 365. ISBN 0-684-81123-5.

[2] Greene, John Robert (2000). The Presidency of George Bush. Lawrence: University Press of Kansas. p. 37. ISBN 0-7006-0993-8.

[3] "Appointment of Richard G. Darman as Assistant to the President and Deputy to the Chief of Staff". The American Presidency Project. Retrieved October 8, 2014.