Va.'s Tom Davis Joining Deloitte Firm
Saturday, November 15, 2008
U.S. Rep. Tom Davis, who is retiring after 14 years in Congress, announced yesterday that he has accepted a job at Deloitte Consulting, a global financial services company with a significant federal contracting practice.
Davis (R), the one-time chairman of the House Government Reform Committee, will not be lobbying for the firm but will be a director helping to oversee its Washington operation.
"They have a huge accounting practice, and they are global, and it gives me a good platform for the kinds of things that I am interested doing," said Davis, 59, who will draw a seven-figure salary.
Davis, who also plans to teach political science at George Mason University and do some "commentary" work, will be leaving Capitol Hill next week, or whenever Congress adjourns.
On Nov. 4, Fairfax County Board of Supervisors Chairman Gerald E. Connolly (D) was elected to his seat. Davis said he has already put Connolly's chief of staff, James Walkinshaw, on his payroll to facilitate a smooth transition.
Davis will be the latest member of Congress to find work in the lucrative consulting and lobbying businesses after they leave office. But Davis is quick to point out that he will be returning to the line of work he performed before he launched his political career.
Until 1991, when he was elected chairman of the Fairfax County Board of Supervisors, Davis was general counsel for PRC Inc., a McLean-based technology contractor.
"This is not a revolving door for me," Davis said. "I am basically doing what I did before I went into government."
Gene Procknow, principal and managing director for Deloitte Federal Government Service, said many federal agencies have contracts with the company. Its largest contracts are with the Defense Department, Homeland Security and Health and Human Services, which uses Deloitte for "technology innovation and government transformation issues," Procknow said.
"He has been a leader of reforming government and a leader in transforming government, and that expertise is right in the wheelhouse of what we do to help our clients," Procknow said of Davis.
National Journal reported yesterday that Davis will get an annual salary of $1.5 million, but company officials said that was inaccurate. About his salary, Davis would say only it is in the seven figures.
After being elected to Congress in 1994, Davis rose through the ranks of the House Republican leadership and became a fierce advocate for the Washington region's interests on Capitol Hill. He pushed for voting rights for the District, despite opposition from other Republicans in Congress.
From 1998 to 2002, Davis was chairman of the House Republican Congressional Campaign Committee, developing a reputation as a frenetic fundraiser who helped the GOP maintain its majority.
In 2003, Davis became chairman of the Government Reform Committee, launching investigations into steroid use in baseball and pushing for reforms of the procurement system.
In 2005, Davis passed up a seven-figure job offer to head the National Federation of Independent Business. Instead, he began laying the groundwork to run for the U.S. Senate this year, doling out hundreds of thousands of dollars in campaign contributions to GOP candidates in Virginia.
But after the state party decided to hold a nominating convention instead of a primary, a decision that strengthened the candidacy of former governor James S. Gilmore III, Davis decided not to run for the Senate.
When he announced his retirement in December, Davis said he wanted to make more money in the private sector. Davis said he entertained several job offers and decided on Deloitte because of its worldwide presence.
"I am basically going back to my corporate roots," he said.