Romney Mentor, Bain & Co. Founder, William Bain Jr. Dies - NBC10 Boston

Romney Mentor, Bain & Co. Founder, William Bain Jr. Dies

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    Romney Mentor, Bain & Co. Founder, William Bain Jr. Dies

    William Bain Jr. died at his home in Naples, Florida, on Tuesday; he was 80.

    (Published Thursday, Jan. 18, 2018)

    The founder of global consulting and private equity businesses who helped drive the career of former Republican presidential nominee Mitt Romney has died. William Bain Jr. was 80.

    Bain died at his home in Naples, Florida, on Tuesday, according to his obituary. No cause of death was given.

    He founded Bain & Co., a corporate strategy consulting firm in 1973, and in 1984 founded the private equity firm Bain Capital. Romney became Bain Capital's top executive.

    Romney said in a statement to The Boston Globe that "It's hard for me to imagine my life and career without Bill Bain's mentoring."

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    Some Leavenworth County, Kansas, officials are calling for Commissioner Louis Klemp's resignation after he insulted a black woman who had just presented a land-use study to the commission. "I don't want you to think I am picking on you because we are part of the master race. You have a gap in your teeth. We are part of the master race, don't you forget that," Klemp said. 

    (Published Friday, Nov. 16, 2018)

    Bain, a native of Tennessee, is survived by his wife and four children. Memorial services are pending.


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