• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Romney’s friend in high tech

By
Matt Vella
Matt Vella
Down Arrow Button Icon
By
Matt Vella
Matt Vella
Down Arrow Button Icon
March 7, 2012, 10:49 AM ET

By Richard Nieva, contributor



FORTUNE — Mitt Romney had a good night. The former Massachusetts governor and Bain Capital executive won GOP primary fights across the country and beat back a vigorous challenge by Rick Santorum in Ohio.
Amid the flurry of Super Tuesday coverage, one important Romney supporter has gotten little attention. Gary Shapiro’s is hardly a household name. But as president of the Consumer Electronics Association, he is a powerful figure in the technology world and one that cuts against the grain of west coast liberals.

The CEA — which is based in Virginia, a state Romney handily won last night thanks to a dearth of challengers on the ballot — is best known for hosting the Consumer Electronics Show, the massive annual trade show in Las Vegas. This year, it attracted over 150,000 people for product unveilings, demos and panels. But for the other 51 weeks of the year, the organization says it’s mission is to grow the tech industry by providing market research, training programs and networking opportunities to its 2,200 member companies and organizations.

Shapiro’s support — he insists he’s said favorable things, but has not made an official endorsement — of Romney is no surprise. He’s a well-documented conservative. His book The Comeback: How Innovation Will Restore the American Dream is critical of policies set in place by the Democratic congress of the late-aughts. He’s written several op-eds supporting Romney. In 2008, he and Hewlett Packard (HPQ) chief Meg Whitman created a campaign called Tech Executives For Romney. And last month Shapiro hosted Romney at a CEA breakfast event for tech CEOs, introducing him glowingly before he spoke.

MORE: Bain’s public service

How does Shapiro gel with his organization’s young, bike-riding, hoodie-garbed members? It’s the not the disconnect it seems at first, argues Stan Soloway, president of the Professional Services Council, a trade association in Washington, DC that represents the tech services industry in the public sector. (Soloway himself is a Democrat, and worked for the Clinton White House.) Speaking of the tech industry as a whole, “It is not monolithic,” he says. In fact, because the CEA evolved from a group of primarily tech manufacturers, a case could be made for it being more right-leaning since the manufacturing industry tends to be more conservative. Dean Garfield, CEO of the Information Technology Industry Council, another trade association, says a divergence of opinions is a mainstay of the industry. “The tech sector is usually politics agnostic, but has a strong interest in policy,” he explains.

That focus on policy is why Shapiro feels it makes sense to endorse a candidate in the first place, especially this year. “He’s the only business candidate,” says Shapiro, ticking off reasons he thinks every other candidate will not grow an economy based on innovation. “I would guess about 90% of CEOs in America, in the tech industry, would support him,” says Shapiro. “The ones that wouldn’t are disagreeing maybe on social issues.”

MORE: Mitt Romney’s poor private equity memory

But one of tech’s highest profile CEOs may not be one of Shapiro’s 90%. Facebook’s Mark Zuckerberg made news last month when some thought he was endorsing Romney on his public Facebook page. Slate writer Farhad Manjoo wrote the status update, “just try looking at the Romney logo without seeing the word MONEY,” and linked to Romney’s homepage. Zuckerberg clicked “like” and his subscribers saw the link on his page, without Manjoo’s original comment. The story did more to reveal flaws in Facebook’s software than anything else, but it raises the question of Romney’s appeal to the head of one of the most important companies in Silicon Valley. Context would suggest there is none. But unlike Shapiro, Facebook is unwilling to take a stance either way. “We’re not going to get involved in discussions about personal politics,” said director of corporate communications Larry Yu, in an email.

Shapiro says Romney has the pulse of the tech industry. “CEOs can’t say what they want because they have to worry about their customers,” he says. “I find it amazing that no other association head is willing to stand up and say these things.” Some of his fellow association heads in Washington understand his view, but will not support any particular candidates themselves. Soloway, of the PSC, thinks endorsements work on a case-by-case basis, and their suitability depends on the individual culture of each trade association. Regardless of its suitability for Shapiro’s group, he shuns the idea of a backlash. Says Shapiro, “I haven’t lost my job yet.”

[cnnmoney-video vid=/video/technology/2011/04/08/ctd_shapiro_cea.mov.fortune]

About the Author
By Matt Vella
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Success
Even with $850 billion to his name, Elon Musk admits ‘money can’t buy happiness.’ But billionaire Mark Cuban says it’s not so simple
By Preston ForeFebruary 6, 2026
1 day ago
placeholder alt text
Success
Nestlé’s CEO drinks 8 coffees a day, but says Gen Z staffers are his secret to staying sharp by ‘learning constantly’
By Emma BurleighFebruary 5, 2026
2 days ago
placeholder alt text
Politics
Meet the Palm Beach billionaire who paid $2 million for a private White House visit with Trump
By Tristan BoveFebruary 3, 2026
4 days ago
placeholder alt text
Crypto
What caused the massive Bitcoin crash? Clues point to a blow-up at Hong Kong hedge funds
By Jeff John RobertsFebruary 6, 2026
23 hours ago
placeholder alt text
C-Suite
OpenAI’s Sam Altman says his highly disciplined daily routine has ‘fallen to crap’—and now unwinds on weekends at a ranch with no cell phone service
By Jacqueline MunisFebruary 5, 2026
2 days ago
placeholder alt text
Travel & Leisure
How Japan replaced France as the country young Americans obsessively romanticize—they’re longing for civility they don’t see at home
By Nick LichtenbergFebruary 5, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in

Economyconstruction
The U.S. construction industry’s need for labor is soaring and will need half a million new workers next year while AI giants ramp up spending
By Jason MaFebruary 7, 2026
53 minutes ago
EconomyDebt
Elon Musk warns the U.S. is ‘1,000% going to go bankrupt’ unless AI and robotics save the economy from crushing debt
By Jason MaFebruary 7, 2026
3 hours ago
Future of Workthe future of work
Anthropic cofounder says studying the humanities will be ‘more important than ever’ and reveals what the AI company looks for when hiring
By Jason MaFebruary 7, 2026
5 hours ago
sarandos
CommentaryAntitrust
Netflix dominates streaming. No wonder it’s trying to redefine the market
By Hal SingerFebruary 7, 2026
6 hours ago
bessent
BankingFederal Reserve
Before Kevin Warsh has even taken over as Fed chair, Trump is joking about suing him. Scott Bessent is fine with that
By Fatima Hussein, Christopher Rugaber and The Associated PressFebruary 7, 2026
6 hours ago
omar
PoliticsCongress
Ilhan Omar’s husband is rich. The Republican oversight chairman is investigating why
By Stephen Groves and The Associated PressFebruary 7, 2026
6 hours ago