Erskine Bowles
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| Erskine B. Bowles | |
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| In office 1997 – 1998 |
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| Under President | Bill Clinton |
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| Preceded by | Leon Panetta |
| Succeeded by | John Podesta |
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| Born | August 08, 1945 (age 61) |
| Political party | Democratic |
| Profession | businessman |
Erskine Boyce Bowles (born August 8, 1945) is an American businessman and political figure from the U.S. state of North Carolina. He currently serves as the president of the University of North Carolina system. In 1997-98 he served as White House Chief of Staff.
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[edit] Early life and education
Bowles was born and raised in Greensboro, North Carolina and was the son of Skipper Bowles, a Democratic politician. Bowles graduated from Virginia Episcopal School before attending college. Bowles matriculated at the University of North Carolina at Chapel Hill, where he was admitted to the Zeta Psi fraternity and graduated with a business degree. After briefly serving in the United States Coast Guard, Bowles then enrolled in the Columbia Business School, where he earned an M.B.A. and served as Student Body President.
Following graduation, Bowles worked for the financial firm Morgan Stanley in New York City. There, he met his wife, Crandall Close; the two married in 1971 and moved to North Carolina, where Bowles worked on his father's 1972 gubernatorial campaign. Crandall and Erskine have three children: Sam, Annie, and Bill. In 1975, Bowles helped launch the investment firm of Bowles Hollowell Conner, and remained in the corporate sector until the 1990s.
[edit] The Clinton years
In 1992, he became more involved in politics as a fundraiser for Bill Clinton's 1992 presidential campaign. President Clinton appointed Bowles to head the Small Business Administration in 1993. From October 1994 to December 1995, Bowles served as Clinton's deputy White House chief of staff, in the first Clinton Administration.
After briefly returning to Charlotte, North Carolina, where he helped found the merchant bank Carousel Capital, Bowles was appointed Clinton's Chief of Staff in December 1996. One of Bowles's major responsibilities was dealing with federal budget negotiations between the White House and Congress. . Bowles returned to Charlotte, North Carolina and to the field of finance again in October 1998. He was also asked by North Carolina Gov. Jim Hunt to head a task force on rural economic prosperity.
[edit] Senatorial races
Although initially reluctant to seek political office, Bowles reconsidered a run for the Senate after the September 11, 2001 attacks and, in October 2001, declared his candidacy for the United States Senate as a Democratic candidate. Seeking to fill the seat being vacated by Jesse Helms, Bowles secured the party's nomination, but was defeated in the 2002 general election by Republican challenger Elizabeth Dole.
In 2004, Bowles campaigned again for the Senate, seeking to fill the seat being vacated by fellow Democrat John Edwards. He faced Republican Richard Burr and Libertarian Tom Bailey in a hotly contested race. The final month of the Senate campaign saw both Bowles's and Burr's campaigns turn strongly negative, with Burr's campaign attacking Bowles's associations with the Clinton administration, while Bowles's campaign attacked Burr on his support of trade legislation and special interest donations. Both campaigns spent a great deal of money, making it one of the most expensive statewide races in North Carolina history.
Despite an early lead in the polls after the primaries, as well as fellow Democrat Mike Easley running for a second term as governor at the top of the state party ticket, Bowles was defeated in the 2004 race as well. President Bush's comfortable electoral victory in North Carolina likely helped Burr considerably. During his concession speech in Raleigh at the Democratic headquarters, he thanked his supporters but seemed to indicate that he would not run for office again. Quoting his father, he said there were "many ways to add to the community woodpile" and that political office was only one of them. Accordingly, in 2005 Bowles accepted an appointment as U.N. Deputy Special Envoy for Tsunami-affected Countries, once again working for Bill Clinton who was now serving as U.N. Special Envoy.
[edit] Since 2005
On October 3, 2005, Bowles was elected by the University of North Carolina's Board of Governors to succeed Molly Corbett Broad as President of the system.
Bowles is also a member of the board of directors of General Motors, Morgan Stanley, and North Carolina Mutual Life Insurance Company and serves on the North Carolina Advisory Board of DonorsChoose.
[edit] Electoral history
- 2004 Race for U.S. Senate
- Richard Burr (R), 52%
- Erskine Bowles (D), 47%
- Tom Bailey (Lib.), 1%
- 2002 Race for U.S. Senate
- Elizabeth Dole (R), 54%
- Erskine Bowles (D), 45%
[edit] References
- Clinton, Bill (2005). My Life. Vintage. ISBN 1-4000-3003-X.
| Preceded by Molly Corbett Broad |
University of North Carolina system president 2006-present |
Succeeded by incumbent |
| Preceded by Leon Panetta |
White House Chief of Staff 1997–1998 |
Succeeded by John Podesta |
| Preceded by Pat Saiki |
Administrator, U.S. Small Business Administration 1993-1994 |
Succeeded by Philip Lader |
| White House Chiefs of Staff |  |
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| Steelman • Adams • Persons • Haldeman • Haig • Rumsfeld • Cheney • Jordan • Watson • J Baker • Regan • H Baker • Duberstein • Sununu • Skinner • J Baker • McLarty • Panetta • Bowles • Podesta • Card • Bolten |
