World Library  
Flag as Inappropriate
Email this Article

Richard Darman

Article Id: WHEBN0001462806
Reproduction Date:

Title: Richard Darman  
Author: World Heritage Encyclopedia
Language: English
Subject: Leon Panetta, James Baker, Jack Kemp, Joseph Robert Wright, Jr., Advisory Committee on the Future of the United States Space Program
Collection: 1943 Births, 2008 Deaths, American Academics, American Businesspeople, American Chief Executives, Assistants to the President of the United States, Businesspeople from Charlotte, North Carolina, Cancer Deaths in Washington, D.C., Carlyle Group People, Deaths from Leukemia, Directors of the Office of Management and Budget, George H. W. Bush Administration Personnel, Harvard Business School Alumni, John F. Kennedy School of Government Faculty, Massachusetts Republicans, People from McLean, Virginia, Virginia Republicans
Publisher: World Heritage Encyclopedia

Richard Darman

Richard Darman
Darman at a NSC meeting in the White House Cabinet Room
28th Director of the Office of Management and Budget
In office
January 25, 1989 – January 20, 1993
President George H. W. Bush
Preceded by Joseph R. Wright, Jr.
Succeeded by Leon E. Panetta
United States Deputy Secretary of the Treasury
In office
President Ronald Reagan
Preceded by R.T. McNamar
Succeeded by M. Peter McPherson
White House Staff Secretary
In office
January 21, 1981 – 1985
President Ronald Reagan
Preceded by Richard G. Hutcheson III
Succeeded by David L. Chew
Personal details
Born Richard Gordon Darman
(1943-05-10)May 10, 1943
Charlotte, North Carolina, U.S.
Died January 25, 2008(2008-01-25) (aged 64)
Washington, D.C., U.S.
Resting place None
Nationality American
Political party Republican
Spouse(s) Kathleen Emmet Darman (m. 1967; wid. 2008)
Children William T. E. Darman
Jonathan W. E. Darman
C. T. Emmet Darman
Alma mater Harvard University
Occupation Economist; Businessman; Government administrator

Richard Gordon Darman (May 10, 1943 – January 25, 2008) was an George H. W. Bush.


  • Life and career 1
  • References 2
  • Further reading 3
  • External links 4

Life and career

Darman was born in Charlotte, North Carolina, the son of Eleanor F. and Morton H. Darman.[1][2] His father was a textile mill owner. He attended Harvard University in 1964, and he married to the former Kathleen Emmet on September 1, 1967; they had three sons, William T. E., Jonathan W. E. and C. T. Emmet Darman.

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.[3]

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[4] (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 different occasions between 1977 and 2002.

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

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.

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


  1. ^ [2]
  2. ^
  3. ^ Greene, John Robert (2000). The Presidency of George Bush. Lawrence: University Press of Kansas. p. 37.  
  4. ^ "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.). 

Further reading

  • Who's in Control? Polar Politics and the Sensible Center. 1996.  

External links

Political offices
Preceded by
Richard G. Hutcheson III
White House Staff Secretary
Succeeded by
David L. Chew
Preceded by
R.T. McNamar
United States Deputy Secretary of the Treasury
Succeeded by
M. Peter McPherson
Preceded by
Joseph Robert Wright, Jr.
Director of the Office of Management and Budget
Served under: George H.W. Bush

Succeeded by
Leon Panetta
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.