Robert Maginn

Robert A. Maginn Jr. (born October 31, 1956) is an American businessman and political figure who served as the chairman of the Massachusetts Republican Party from 2011 to 2013.

Education Maginn graduated summa cum laude from the University of Dayton with a B.S. in business administration and received three graduate degrees from Harvard University, including a Master of Divinity (MDiv) from Harvard Divinity School, Master of Business Administration (MBA) with honors from Harvard Business School and Master of Liberal Arts (ALM) in government from Harvard Extension School.

Career

Business From 1983 to 2000, Maginn worked for Bain & Company as a management consultant and later as a senior partner, board member, and director. From 1997-2001, he was a director of iBasis.

On December 1, 2011, Maginn was elected Chairman of the Massachusetts Republican Party. He defeated former United States Attorney Frank L. McNamara Jr. 51 votes to 21. Maginn announced that he would not seek reelection as party chairman in 2013 following the defeat of Republican Presidential candidate W. Mitt Romney his former boss and friend.

Legal Affairs In June 2017, three investors of New Media Investors II-B LLC filed a suit against Maginn, accusing him of breaching his fiduciary duty by failing to ensure the exercise of Jenzabar stock warrants. In March 2022, Maginn was found liable and was revealed to have reaped nearly $81 million in profits from stock warrants intended for investors. In November 2022, he was ordered by the Delaware Court of Chancery to pay $25.5 million in damages to investors from whom he had usurped the opportunity to buy stock in the company.

Personal life His father, Robert A. Maginn, Sr. is a chemical engineer and was the president of Midwestern Consolidated Enterprises Inc., a plastics manufacturer located in Dayton, Ohio. His mother, Valerie Maginn, was the company's vice president. They have three daughters and reside in Belmont, Massachusetts.