• 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
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • 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
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

gas
EconomyElections
Oregon Democrats have genius political strategy: raising the gas tax heading into the midterm elections
By Claire Rush and The Associated PressMay 11, 2026
6 minutes ago
iran
PoliticsIran
Trump says ceasefire is on ‘life support’ after Iran’s latest nuclear offer was ‘garbage’
By Jon Gambrell, Seung Min Kim, Samy Magdy and The Associated PressMay 11, 2026
11 minutes ago
trump
AsiaWhite House
Trump and Xi may meet 4 times in the next 8 months as Air Force One heads to Beijing
By Will Weissert and The Associated PressMay 11, 2026
15 minutes ago
starmer
PoliticsUnited Kingdom
Keir Starmer says he’s in ‘battle for the soul of our nation,’ vows to draw UK closer to EU
By Jill Lawless and The Associated PressMay 11, 2026
19 minutes ago
Amex bought Resy. Chase bought The Infatuation. Inside the credit card industry’s quiet takeover of how you spend
BankingPersonal Finance Evergreen
Amex bought Resy. Chase bought The Infatuation. Inside the credit card industry’s quiet takeover of how you spend
By Catherina GioinoMay 11, 2026
27 minutes ago
Nvidia CEO Jensen Huang
Economyconstruction
Jensen Huang’s message to electricians and plumbers: ‘This is your time,’ as AI buildout leads to soaring demand for skilled trades
By Tristan BoveMay 11, 2026
1 hour ago

Most Popular

‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
Economy
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
By Jacqueline MunisMay 10, 2026
1 day ago
OpenAI CEO Sam Altman says Gen Z and millennials are using ChatGPT like a 'life advisor'—but college students might be one step ahead
Tech
OpenAI CEO Sam Altman says Gen Z and millennials are using ChatGPT like a 'life advisor'—but college students might be one step ahead
By Sydney LakeMay 10, 2026
1 day ago
Red flag test: former CEO explains why he rejects job candidates who say they can start right away
Success
Red flag test: former CEO explains why he rejects job candidates who say they can start right away
By Orianna Rosa RoyleMay 9, 2026
2 days ago
'Employers are increasingly turning to degree and GPA' in hiring: Recruiters retreat from ‘talent is everywhere,’ double down on top colleges
Future of Work
'Employers are increasingly turning to degree and GPA' in hiring: Recruiters retreat from ‘talent is everywhere,’ double down on top colleges
By Jake AngeloMay 9, 2026
2 days ago
Trump thinks he's flying to Beijing with leverage. China spent 6 years making sure he doesn't have any
Commentary
Trump thinks he's flying to Beijing with leverage. China spent 6 years making sure he doesn't have any
By Steve H. HankeMay 10, 2026
1 day ago
Ted Cruz says the quiet part out loud: Trump accounts are Social Security personal accounts as GOP senator reveals 'dirty little secret'
Politics
Ted Cruz says the quiet part out loud: Trump accounts are Social Security personal accounts as GOP senator reveals 'dirty little secret'
By Jason MaMay 9, 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.