Gingrich Plans Consulting Firm
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WASHINGTON — Former House Speaker Newt Gingrich (R-Ga.), who leaves Congress today, is set to begin a career as a corporate strategic consultant.
Gingrich has accepted an offer to join the advisory board of the New York buyout firm of Forstmann, Little & Co., said his spokeswoman, Christina Martin. He also plans to serve on several other corporate boards and give speeches and would like to form a consulting business for corporations and small businesses.
Other members of the Forstmann board include former Secretaries of State Henry A. Kissinger and George P. Shultz and former Senate majority leader and 1996 Republican presidential candidate Bob Dole.
Forstmann, Little & Co. is one of the pioneers of the leveraged buyout--a deal financed at least in part with debt.
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