Cantor’s K Street value: Off the charts
From The Hill:
How much is a House majority leader worth to K Street?
That’s
the unprecedented calculation headhunters for the influence industry
scrambled to make Wednesday in the wake of Rep. Eric Cantor’s (R-Va.)
shocking primary defeat to Dave Brat.
Headhunters
said the GOP leader would be welcomed with open arms — and a hefty
payday — should he decide to leave politics for a new life in the
private sector.
“I think Eric Cantor, given his
experience and depth and breadth of his relationships — if he decides to
go into the field of advocacy would be a highly-prized ‘get,’ if you
will,” said Nels Olson, the head of the Washington office for Korn
Ferry. “It will take a while for the ramifications to settle.”
Cantor
on Wednesday announced he plans to step down from his leadership
position at the end of July, setting off a scramble for the No. 2 job in
the conference.
While Cantor vowed to serve out the
rest of his term, he won’t have long to figure out his next move. Most
observers expect him to maintain a high-profile role in politics, even
if it’s from an office suite downtown.
“He wasn’t
looking to hang up his spurs anytime soon, but this forces him to take a
break, take a pause,” said Julian Ha, a partner at the executive search
and consulting firm Heidrick & Struggles. “But I would be surprised
if he didn’t re-emerge in some capacity of influence.”
No comments:
Post a Comment