Pawlenty, the new CEO of the Financial Services Roundtable, said that his "political career has come to an end" and that he doesn't view his current job as a means to a return to public office.
The two-term governor was a top contender for the GOP vice presidential pick in 2008 and 2012. He ran for president in his own right in 2012 -- though the effort ended in disaster after the Iowa Straw Poll.
Coming from a blue-collar background, though, Pawlenty's new job was a big financial step up from his career in public office.
Few have expected Pawlenty to run for office again, but given a short bench in Minnesota, his name routinely comes up for Senate races -- including as a challenger to Democratic Sen. Al Franken's 2014 reelection bid. Pawlenty has already declined that campaign.
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