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Gingrich Overtakes Romney as CEO Favorite

In September, Chief Executive began its monthly political polling of its CEOs. With the 2012 election getting closer, and an increasingly uncertain economy, CEO support is important for any candidate. For the fourth month in a row, Mitt Romney has topped the CEO list as the candidate most likely to be able to turn the U.S. economy around. But who’s winning the CEO vote now? Newt Gingrich.

For the fourth month in a row, CEOs have named presidential candidate Mitt Romney as the candidate with the most potential to turn around our current economy.  And as economic uncertainty continues, this will no doubt be an important metric come election time.

On a scale of 1 to 10, CEOs gave Romney an average score of 6.79 on his ability to turn around the economy. Not far behind Romney is Newt Gingrich with 6.43. The next closest candidate is Jon Huntsman with 5.09 out of 10.

Since October, CEOs have projected Romney as the candidate most likely to win the Republican nomination.  When we first started political polling of our CEOs in September, Rick Perry was riding high as the projected nomination winner.  Perry’s popularity has since cooled.

But, just because CEOs think Romney will win the nomination and can turn the economy around, it doesn’t mean that the majority favor his candidacy.

As of December 9, 38.8 percent of CEOs would like to see Newt Gingrich take the Republican nomination versus 34.6 percent who would like to see Romney. Though candidates have come in and out of favor, Romney has remained the favorite to receive the nomination until now.  Gingrich is the first candidate to unseat Romney’s favor among CEOs.

For other election-related content, please visit our CEO Election Center.

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