Rick Snyder

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Richard Dale Snyder (born August 19, 1958) is an American politician, corporate executive, venture capitalist, advocate, and accountant who served as Michigan's 48th governor from 2011 to 2019.

Snyder served as the chairman of Gateway, Inc. from 2005 to 2007.

Ardesta, LLC, a venture capital firm and HealthMedia, Inc., a digital health coaching firm, based out of Ann Arbor, Michigan, before his election as governor.

During the Flint water crisis, he gained national attention, but he was accused of mishandling the situation that exposed 6,000 to 12,000 Flint children to lead.

Snyder "bears substantial legal responsibility" for the Flint water crisis, according to a study by the University of Michigan School of Public Health, ensuring that the rights are protected by the constitution. Snyder was considered a front-runner for Vice President of the United States in 2012, but eventually Paul Ryan was chosen.

He was re-elected to a second term in November 2014, defeating his biggest challenger, Democrat Mark Schauer.

Snyder was limited in terms and was unlikely to seek re-election in 2018.

Gretchen Whitmer, a Democrat, was succeeded on New Year's Day of 2019 by Gretchen Whitmer.

Early life, education, and family

Dale F. and Helen Louella Snyder were born in Battle Creek, Michigan, where he was raised. His father, who was of paternal Dutch descent, owned a local window-cleaning business in Battle Creek. He has an elder sibling. He took a business class at Kellogg Community College on weekends when he was 16. Snyder had earned 23 college credits by his senior year at Lakeview High School in Calhoun County.

Snyder spent time in Michigan in November 1975 and spoke with the admissions director, who recommended that Snyder attend Michigan and pursue his own degree. Snyder earned his Bachelor of General Studies degree in 1977, an MBA degree in 1979, and a Juris Doctor degree in 1982, all from the University of Michigan. Snyder is also a Certified Public Accountant (CPA).

He and his wife Sue and their three children live in Ann Arbor, Michigan, and they have a vacation home near Gun Lake. In 1987 at Cherry Hill Presbyterian Church in Dearborn, Michigan, the couple were married. Snyder has said he is a practicing Presbyterian.

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Business career

Snyder was employed by Coopers & Lybrand from 1982 to 1991, starting in the Detroit office's tax department. In 1988, Snyder was named partner. Snyder was named partner-in-charge of the mergers and acquisitions department in the Chicago office last year. From 1982 to 1984, he served as an adjunct assistant professor of accounting at the University of Michigan.

In 1991, Snyder became the executive vice president of Gateway (in Irvine, California). From 1996 to 1997, he served as president and chief operating officer. He served on the board of directors until 2007. Snyder served as the chairman of the board from 2005 to 2007. During 2006, Snyder served as the interim chief executive officer while looking for a permanent replacement. He served on the Gateway board from 1991 to 2007 until Acer Inc. was sold, and Snyder said he did not vote for outsourcing because he was a Gateway board director, and he moved jobs to America as the interim CEO of Gateway.

Snyder and the co-founder of Gateway, Ted Waitt, returned to Ann Arbor in 1997 to found Avalon Investments Inc., a $100 million fund. Snyder served as president and chief executive officer of Avalon from 1997 to 2000. He co-founded Ardesta LLC, an investment company, in 2000, which invested in 20 start-up firms through 2011. He was chairman and chief executive officer of the corporation.

Snyder Angel funded and co-founded in 1998 with University of Michigan professor Victor Strecher, Ph.D., HealthMedia Incorporated (HMI), a provider of online health coaching services that used targeted questionnaires to collect personal data with the intention of establishing customized health promotion plans for individuals. Vic Strecher, founder and director of Strecher's privately funded Health Media Research Laboratory, and the University of Michigan's privately funded Health Media Research Laboratory (founded and directed by Strecher and now the Center for Health Communication Research) aided HMI in getting off the ground with unique research and development results into health-related computerized messaging and the exclusive right to sell that content (UM spawns spinoffs and patents). Despite these university-based start-ups and R&D advantages, HMI got off to a slow start, and in 2001 Snyder brought on the company's founder (Strecher remained on the HMI board) and personally saved the company from bankruptcy with more of his own funds. Following several rounds of additional funding through venture capital (Arboretum Ventures, Ardesta, Avalon Capital Group, AvTech Ventures, Chrysalis Ventures, Princeton Fund), but still no success, despite many rounds of capital (Arboretum Ventures, Burke Capital Group, etc. The selling of HMI moved all the personal health data collected from millions of customers to Johnson & Johnson and was a major factor in the bargain's success. At the time of the reported $200 million agreement, U-M President Mary Sue Coleman was on Johnson & Johnson's board of directors, and U-M's took home millions of dollars from the firm's equity stake. "That company (HMI) is one of the best success stories in Michigan," Snyder said when campaigning for Michigan governor in 2010. University of Michigan's Office of Technology Transfer (Wikipedia) (The Ann Arbor Chronicle is a newspaper distributed in the United States. It's HealthMedia! Following Snyder's re-election as Michigan governor, Johnson & Johnson converted HMI into a division (Johnson & Johnson Health and Wellness Solutions) and is no longer available in Michigan.

Snyder is a member of the Henry Ford Museum and Greenfield Village (a National Historic Landmark), the Michigan chapter of the Nature Conservancy, and several boards associated with his alma mater the University of Michigan. He was also the chair of Ann Arbor SPARK under Republican governor John Engler in 1999.

Subsequent career

Snyder founded RPAction LLC, a new Ann Arbor-based company, whose employees include former Snyder administration employees.

Snyder received a soon-to-be-appointed at Harvard on June 29, 2019 to disclose his state and local government. On July 3, he tweeted "turning down" the opportunity: "It would have been exciting to share my experiences, both positive and negative; our current political climate and a lack of civility make this too chaotic. I wish them the best.

During the 2020 United States Presidential election, Snyder endorsed Democrat Joe Biden, alleging that "President Trump lacks a moral compass." He dismisses "true" as the president "has also shown that he does not fully comprehend policy issues, including public health, the economy, and international relations, as well as foreign relations, and does not want to learn."

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