Rachel Romer Explained

Rachel Romer
Birth Date:1 June 1988
Occupation:CEO
Children:2
Parents:Chris Romer, Laurie Romer
Awards:(2021) Forbes list of self-made women

Rachel Romer (born 1988) is the co-founder and former CEO of Guild.

Early life and education

Rachel Romer is the daughter of former Colorado State Senator and charter school investor Chris Romer, and a granddaughter of former Colorado Governor Roy Romer.[1] Governor Romer was instrumental in the formation and growth of Western Governors University. As a child, she sometimes attended and participated in her grandfather's campaign, and in 2011 worked as the finance director for her father's unsuccessful mayoral campaign.[1]

She completed an undergraduate degree, and also an MBA and an MA in education at Stanford University.[2] While at Stanford, she took a break to work for the Obama administration.[3] She also worked with her father on issues related to access to higher education.[3]

Career

After graduation, Romer worked for American Honors, an organization co-founded by her father that coaches community college students, and The Parthenon Group, Ernst & Young's global strategy consulting arm, as well as the Obama campaign and the Office of Presidential Personnel in the Obama administration.[4] She was the chief executive of Student Blueprint,[5] an app she created while at Stanford during her MBA program to help community college students find jobs.

In 2015, at the age of 27, Romer co-founded Guild Education with her former classmate Brittany Stich,[4] after she conducted research for two years with Stich into low graduation rates,[6] In 2019, the organization became valued at over $1 billion.[7] In 2020, it was listed as a CNBC Top 50 disruptor.[8]

In March 2020, Romer co-authored an open letter, signed by more than 450 other CEOs and investors, advocating for business leaders to mitigate the COVID-19 pandemic.[9] [10] [11] She is a co-founder and strategic advisor for the organization Stop The Spread.[12]

In June 2021 Guild Education was valued at $3.7 billion.[13] Romer's personal wealth was estimated to be $570 million in 2022.[14] In 2023, Forbes estimated her net worth to be $320 million.[15]

Honors and awards

Personal life

In 2014, Rachel Romer married David Carlson.[19] She has 2 daughters. In 2023, she divorced and suffered a stroke.[20]

See also

Notes and References

  1. Web site: Wilson . Alexandra . Adams . Susan . Class Act: This 31-Year-Old's Company Rocketed To A $1 Billion Valuation Helping Workers Get Degrees . Forbes . December 31, 2019 . 4 April 2021.
  2. News: Blumenstyk. Goldie. August 7, 2016. When Education Innovation Is the Family Business: a Dinner With the Romers. The Chronicle of Higher Education. registration. 5 April 2021.
  3. Web site: Managing Future Growth at an Innovative Workforce Education Startup . hbswk.hbs.edu . Harvard Business School . March 23, 2021 . 4 April 2021.
  4. News: Chuang . Tamara . Guild Education's twist on college is working for cashiers, sales clerks and others who abandoned the idea of a college degree . 5 April 2021 . Colorado Sun . December 3, 2018.
  5. News: Washington Post Staff . The Technology 202Network:/ . 7 April 2021 . The Washington Post . March 9, 2020 . The Technology 202 Network is a panel of technology experts from across the government, the private sector and the consumer advocacy community invited by The Washington Post to vote in regular surveys on the most pressing issues in the field..
  6. News: McPherson . Doug . Growth at EY winner Guild Education leads to new program, acquisition . 6 April 2021 . Denver Business Journal . October 9, 2020.
  7. Web site: Umoh . Ruth . Guild Education Is Latest Female-Led Company To Hit $1 Billion Valuation . Forbes . 4 April 2021.
  8. Web site: CNBC.com staff . 45. Guild Education . www.cnbc.com . CNBC . 4 April 2021.
  9. News: Chenault . Kenneth I. . Romer . Rachel . It's Time for the Business Community to Step Up . . March 18, 2020 . 4 April 2021.
  10. News: Sapra . Bani . #StoptheSpread: Hundreds of business leaders and investors signed a commitment to help stop the spread of the coronavirus pandemic. . 5 April 2021 . Business Insider India . March 16, 2020.
  11. News: Konrad . Alex . Steph Curry, 400 CEOs And Investors Sign Open Letter Pledging To Take Bold Action In Combatting Coronavirus Spread . 6 April 2021 . Forbes . March 15, 2020.
  12. Web site: Rachel Romer, MBA . Stop The Spread . 6 April 2021.
  13. Web site: de León . Riley . CNBC DISRUPTOR 50 Guild Education reaches $3.7 billion valuation amid labor shortage . www.cnbc.com . CNBC . 11 June 2021.
  14. Web site: McGregor . Jena . Guild Education Reaches $4.4 Billion Valuation As Labor Market Demands Continue—And A Downturn Threat Rises . Forbes . 2 June 2022.
  15. Web site: Mille . Richard . Self-Made Women . www.forbes.com . Forbes . 31 December 2023.
  16. News: Guild Education . 5 April 2021 . Forbes . 2017.
  17. Web site: Meet the 2020 Mountain Desert winners . EY . 6 April 2021.
  18. Web site: Wilson . Alexandra . How Rachel Carlson Has Built Guild Education Into A Tool For Employee Retention — And A $500 Million Fortune . . 7 August 2021.
  19. News: Rachel Romer and David Carlson . 2023-11-02 . The New York Times . July 6, 2014.
  20. Web site: Hinchliffe . Emma . Abrahms . Joseph . The founder of a $4.4 billion unicorn had a stroke at age 34. It altered her life—and reshaped the mission of her startup . fortune.com . Fortune . 24 April 2024.

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