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Bob Stefanowski
Bob Stefanowski Headshot.png
Born
Robert Vincent Stefanowski

(1962-05-21) May 21, 1962 (age 63)
Education Fairfield University (BS)
Cornell University (MBA)
Political party Republican (2016–present)
Spouse(s) Amy Stefanowski
Children 3

Bob Stefanowski was born on May 21, 1962. He is an American businessman and a politician. He grew up in North Haven, Connecticut. Before becoming a politician, he worked as a top executive for several big companies.

Bob Stefanowski lives in Madison, Connecticut. He ran for Governor of Connecticut as a Republican in both 2018 and 2022.

Early Life and Education

Bob Stefanowski's father was a scoreboard assistant at the Yale Bowl. Bob graduated from North Haven High School in 1980. He then went to Fairfield University, where he earned a degree in accounting in 1984. Later, he received his Master of Business Administration (MBA) from Cornell University in 1992.

After college, Stefanowski started his career as an auditor in Hartford, Connecticut. He worked for a company called PricewaterhouseCoopers.

Business Career Highlights

Bob Stefanowski had a long career in business before entering politics. He held important roles at several large companies.

Working at General Electric

Stefanowski joined General Electric (GE) in 1994. He worked there until 2007, holding many senior positions. In 2003, he became the president and CEO of GE Commercial & Industrial Finance. From 2004 to 2005, he led GE Telecom, Media & Technology Finance. He worked at the GE Capital main office in Norwalk, Connecticut.

Other Leadership Roles

From 2008 to 2011, Stefanowski was a chairman and managing partner at 3i Group plc in London, England. After that, he became the chief financial officer (CFO) of UBS. There, he helped reorganize their Investment Bank to meet new financial rules.

From 2014 to 2017, he was the CEO of Dollar Financial Group. This company had offices in London and Philadelphia, Pennsylvania. Since early 2019, Stefanowski has been working in senior roles for Neom. Neom is a large, planned futuristic city project in Saudi Arabia.

Political Journey

Bob Stefanowski has run for Governor of Connecticut twice. He is a member of the Republican Party.

Running for Governor in 2018

In September 2017, Stefanowski announced he would run for the Republican nomination for governor. He wanted to change the state's taxes. His ideas included slowly getting rid of the state income tax and other business taxes. He also wanted to use a special budgeting method called zero-based budgeting. This method means every expense must be justified each new period.

His tax ideas were supported by famous economic experts like Arthur Laffer and Larry Kudlow. During his campaign, Stefanowski also said he would not support more gun control laws in Connecticut.

He started running TV commercials in January 2018. These ads criticized the Democratic governor at the time, Dannel P. Malloy. Stefanowski used his own money and donations to fund his campaign.

Many people supported him, including other Republican politicians and local leaders. At the Republican convention in May 2018, another candidate, Mark Boughton, was endorsed by the party. However, Stefanowski still got on the primary ballot by collecting enough signatures.

In August 2018, Stefanowski won the Republican primary election. He received 29.4% of the votes. After he won the primary, Donald Trump supported his campaign. In the main election in November 2018, Stefanowski was narrowly defeated by the Democrat, Ned Lamont.

Running for Governor in 2022

On January 19, 2022, Bob Stefanowski announced he would run for governor again. He won the Republican nomination at the convention on May 6, 2022. Laura Devlin was chosen as his running mate. In the November 2022 general election, Stefanowski was defeated by Ned Lamont again. This time, the difference in votes was larger.

Election Results

Connecticut gubernatorial election, 2018 — Republican primary
Party Candidate Votes %
Republican Bob Stefanowski 42,119 29.4
Republican Mark D. Boughton 30,505 21.3
Republican David Stemerman 26,276 18.3
Republican Tim Herbst 25,144 17.6
Republican Steve Obsitnik 19,151 13.4
Total votes 143,195 100.0
Connecticut gubernatorial election, 2018 — general election
Party Candidate Votes %
Democratic Ned Lamont 694,510 49.37
Republican Bob Stefanowski 650,138 46.21
Independent Oz Griebel 54,741 3.89
Libertarian Rod Hanscomb 6,086 0.43
Total votes 1,406,803 100.0
Democratic hold
Connecticut gubernatorial election, 2022 — general election
Party Candidate Votes %
Democratic Ned Lamont (incumbent) 710,186 55.97
Republican Bob Stefanowski 546,209 43.05
Independent Robert Hotaling 12,400 0.98
Green Michelle Louise Bicking (write-in) 98 0.0
Total votes 1,268,893 100.0
Democrat hold

Personal Life and Achievements

Bob Stefanowski lives in Madison with his wife, Amy, and their three daughters.

He wrote a book called Making M&A Deals Happen, which was published in 2007. He is also a Wharton Fellow. He has taught at several universities, including NYU Stern, London Business School, Cambridge University, and Oxford University.

Stefanowski is a Certified Public Accountant (CPA) and a Chartered Financial Analyst (CFA). These are special certifications in finance and accounting.

See also

  • 2018 United States gubernatorial elections
  • 2018 Connecticut gubernatorial election
  • 2022 United States gubernatorial elections
  • 2022 Connecticut gubernatorial election
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