PERSON: Herman Cain (Deceased)
Biography
Herman Cain (December 13, 1945 – July 30, 2020) was an American businessman and Tea Party movement activist in the Republican Party. Cain graduated from Morehouse College with a bachelor’s degree in mathematics. He then earned a master’s degree in computer science at Purdue University while also working full-time for the U.S. Department of the Navy. In 1977, he joined the Pillsbury Company where he later became vice president. During the 1980s, Cain’s success as a business executive at Burger King prompted Pillsbury to appoint him as chairman and CEO of Godfather’s Pizza, in which capacity he worked from 1986 to 1996.
Cain was chairman of the Federal Reserve Bank of Kansas City Omaha Branch from 1989 to 1991. He was deputy chairman, from 1992 to 1994, and then chairman until 1996, of the Federal Reserve Bank of Kansas City. In 1995, he was appointed to the Kemp Commission and, in 1996, he served as a senior economic adviser to Bob Dole’s presidential campaign. From 1996 to 1999, Cain was president and CEO of the National Restaurant Association.
In May 2011, Cain announced his 2012 presidential candidacy. By the fall, his proposed 9–9–9 tax plan and debating performances had made him a serious contender for the Republican nomination. In November, however, Cain was accused of sexual harassment by multiple women. Cain denied the allegations, but announced the suspension of his campaign on December 3. He remained active in the Republican Party, and was a co-chairman of Black Voices for Trump in the 2020 election cycle. Cain died from Covid-19 on July 30, 2020, at the age of 74.
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Cain was chairman of the Federal Reserve Bank of Kansas City Omaha Branch from 1989 to 1991. He was deputy chairman, from 1992 to 1994, and then chairman until 1996, of the Federal Reserve Bank of Kansas City. In 1995, he was appointed to the Kemp Commission and, in 1996, he served as a senior economic adviser to Bob Dole’s presidential campaign. From 1996 to 1999, Cain was president and CEO of the National Restaurant Association.
In May 2011, Cain announced his 2012 presidential candidacy. By the fall, his proposed 9–9–9 tax plan and debating performances had made him a serious contender for the Republican nomination. In November, however, Cain was accused of sexual harassment by multiple women. Cain denied the allegations, but announced the suspension of his campaign on December 3. He remained active in the Republican Party, and was a co-chairman of Black Voices for Trump in the 2020 election cycle. Cain died from Covid-19 on July 30, 2020, at the age of 74.
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