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Mitt Romney takes a new position at son's firm

BOSTON (AP) - Mitt Romney has a new position with his son's Boston-area venture capital firm.

Last year's Republican presidential nominee will serve as chairman of the executive committee for Solamere Capital. The firm was founded by Romney's oldest son, Tagg, and the national finance committee chairman for his presidential campaign, Spencer Zwick.

Romney has been a limited partner in Solamere, and investors have been sent letters announcing his elevated role. The Associated Press obtained a copy of one of the letters on Wednesday.

Romney has just begun to emerge from months of isolation at his home in southern California. In a Sunday television interview, he said "it kills me" to have lost the presidential race.

He delivers his first public speech since the loss next week in Washington.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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