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Recent Event Highlights: Scott Romney reappointed to MSU College of Law Board of Trustees, Third Bain investment, Scott Romney loses re-election, Second Bain investment, First Bain investment, Scott Romney is elected to the MSU Board of Trustees, and 1 more...

Created by racheltsn on Oct 31, 2012

Last updated: 10/31/12 at 05:45 PM

• Scott Romney reappointed to MSU College of Law Board of Trustees
  Oct 26, 2012

  Scott Romney was recommended to a third term on the MSU College of Law Board of Trustees, with a three-year term beginning in Jan. 2013. He began on the board in 2003.

• Third Bain investment
  Dec 5, 2008

  The board voted a third time during Scott Romney's tenure to invest $15 million in Brookside Cayman, Limited stocks offered by Bain Capital. Less than a month of his term remaining, Scott Romney voted along with the board to make the investment.

• Scott Romney loses re-election
  Nov 4, 2008

  Scott Romney was defeated in his re-election bid in November 2008, trailing Democrat Diann Woodard by 3 percentage points in the vote.
  http://statenews.com/article/2008/11/democrats_

• Mitt Romney suspends presidential bid
  Feb 7, 2008

  Scott Romney's brother, Mitt Romney, suspended his bid for U.S. president after 12 months, citing his continued fight against Sen. John McCain made it easier for a Democrat to win.
  http://www.cnn.com/2008/POLITICS/02/07/romney.campaign/index.html

• Second Bain investment
  Jan 18, 2008

  The board again voted to approve Bain as an investment manager, approving an investment of about $7.3 million in a European Bain fund. Scott Romney abstained from this vote "due to his investments in certain Bain funds," according to the meeting's minutes.

• First Bain investment
  Sep 12, 2007

  The Board of Trustees voted to recommend a $20 million private equity investment into Bain Capital, a private equity and venture capital firm cofounded by Mitt Romney in 1984. The board's investment advisor, Cambridge Associates, recommended the investment based on Bain's "differentiated strategy" and an "excellent performance record." Scott Romney was absent from this vote.

• Scott Romney is elected to the MSU Board of Trustees
  Nov 7, 2000

  Former Republican Gov. John Engler appointed Scott Romney, a 1966 MSU graduate, to the Board of Trustees in August 2000 after a Democratic trustee resigned. He formally was elected to an eight-year term on the board three months later, gaining one of two open seats by a close 1 percent margin.