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|Richard Gordon "Dick" Darman|
|Darman at a NSC meeting|
|Director of the Office of Management and Budget|
|Preceded by||Joseph Robert Wright, Jr.|
|Succeeded by||Leon Panetta|
May 10, 1943|
Charlotte, North Carolina, USA
|Died||January 25, 2008
|Spouse(s)||Kathleen Emmet Darman|
|Children||William Darman, Jonathan Darman, and C.T. Emmet Darman|
|Occupation||Economist; Businessman; Government administrator|
Richard (Dick) Gordon Darman (May 10, 1943 – January 25, 2008) was an American businessman and government official who served in senior positions during the presidencies of Ronald Reagan and George H.W. Bush. 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.
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 (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. He was married to the former Kathleen Emmet. They had three sons.
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.
Mr. Darman was a Trustee of the Loomis Sayles Funds, IXIS Funds, and the Howard Hughes Medical Institute. He served as Chairman of the Board of the Smithsonian National Museum of American History.
Some sources suggest that Darman was also a member of the Trilateral Commission.
Darman died on January 25, 2008 at the age of 64, following a battle with acute myelogenous Leukemia.
- Who's Who in America, 2007 edition
- Who's in Control? Polar Politics and the Sensible Center (1996; ISBN 0-684-81123-5)
Joseph Robert Wright, Jr.
|Director of the Office of Management and Budget
Served under: George H.W. Bush