On this day in 1945, Herman Cain was born in Memphis, Tennessee.
In 9171, Cain earned his master’s degree in Computer Science from Perdue University while working as a ballistics analyst for the U.S Navy Department. After graduating, Cain accepted a computer systems analyst position with The Coca-Cola Company. However, in 1978, he transferred to Pillsbury, working as senior director for their Restaurants and Foods group.
By the time he was 36, Cain was in charge of analyzing nearly 400 Burger King Restaurants, most of which were located in Philadelphia, Pennsylvania. The franchise reaped tremendous benefits with Cain present, leading to Pillsbury appointing him as the next CEO of Godfather’s Pizza. At the time, Godfather’s Pizza was not doing well in terms of sales and profits. However, by closing some locations and laying off extra manpower, Cain had turned around the fate of the company.
In 1989, Cain was appointed chairman for the Federal Reserve Bank of Kansas City Omaha Branch. He would later become a member of the Kansas Federal Reserve Bank. After leaving Godfather’s Pizza, he became the CEO of the National Restaurant Association, an organization that lobbied against increasing minimum wage and health care benefits. Cain’s political affiliations began to form around this time.
He entered the world of politics in 1996, aiding the Bob Dole administration as a senior economic adviser. By 2000, he was running against George W. Bush for the presidential seat. Although he lost, he was not deterred from continuing a career in politics. He later ran against Johnny Isakson and Mac Collins, in the U.S Senate Candidacy of 2004 for Georgia. He placed second.
His presidential campaign of 2012 led to his construction of the famous 9-9-9 plan, which focused on reducing federal sales tax, personal income tax, and business transaction tax to 9 percent. Large crowds often gathered in support of Cain’s tax-readjustment program.
In 2006, Cain was diagnoses with colon cancer. Despite his doctor’s estimation that he only had a 30% chance of survival, Cain underwent chemotherapy and soon after entered remission.