Herman Cain

American businessman (1945–2020)

Herman Cain began his professional trajectory as a computer systems analyst at The Coca-Cola Company following graduate studies in computer science. His career evolved through high-level executive leadership within the restaurant industry, eventually encompassing roles in national economic policy, media broadcasting, and a notable campaign for the United States presidency during the 2012 election cycle.

Early Development and Education

Born in 1945 in Memphis, Cain was raised in Atlanta where he attended S. H. Archer High School. He earned a Bachelor of Science in mathematics from Morehouse College in 1967. Subsequently, he completed a Master of Science in computer science at Purdue University while maintaining full-time employment as a civilian ballistics analyst for the U.S. Department of the Navy.

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Corporate Leadership and Restructuring

In 1977, Cain joined the Pillsbury Company, eventually managing 400 Burger King stores in the Philadelphia region. He later moved to the pizza sector, serving as chairman and CEO of Godfather's Pizza from 1986 to 1996. After the chain experienced financial decline, he led a restructuring effort involving significant layoffs and branch closures, culminating in a leveraged buyout of the company in 1988.

Financial and Political Appointments

Cain held multiple positions within the Federal Reserve Bank of Kansas City, including service as chairman of the Omaha Branch from 1989 to 1991 and chairman of the parent bank until 1996. During the 1990s, he served as CEO of the National Restaurant Association, where he directed lobbying efforts regarding labor regulations, health benefits, and minimum wage policies. He also served on the Kemp Commission in 1995.

Media and Presidential Campaign

Cain gained prominence as a radio personality, hosting The Herman Cain Show on WSB in Atlanta. In May 2011, he announced his candidacy for the 2012 Republican presidential nomination, promoting his 9–9–9 tax plan. He suspended his campaign in December 2011 following allegations of sexual harassment, which he denied. Later, he served as a co-chairman of Black Voices for Trump.

Fast facts

Questions readers ask

What was the 9–9–9 plan?

The 9–9–9 plan was a tax reform proposal introduced by Herman Cain during his 2012 presidential campaign.

What roles did Cain hold at the Federal Reserve?

He served as the chairman of the Omaha Branch of the Federal Reserve Bank of Kansas City and later as the chairman of the Federal Reserve Bank of Kansas City.

Achievements

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