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David Alan Stockman, who has owned a home in Greenwich, turns 67 on Sunday. The politician and businessman was born November 10, 1946, in Fort Hood, Texas.
David Stockman served as special assistant to United States Representative and was executive director, United States House of Representatives Republican Conference during 1972–1975.
He was elected to the United States House of Representatives for the 95th Congress and served as a Republican U.S. Representative from the state of Michigan (1977–1981). He also served as the Director of the Office of Management and Budget (1981–1985) and became one of the most controversial OMB directors ever during a tenure that lasted till August 1985.
In 1981, he received the Samuel S. Beard Award from Jefferson Awards for Greatest Public Service. After leaving government, he joined the Wall Street investment bank Salomon Brothers and later became a partner of the New York–based private equity company, the Blackstone Group.
He started his own private equity fund company, Heartland Industrial Partners, L.P., based in Greenwich, CT. and created four portfolio companies: Springs Industries, Metaldyne, Collins & Aikman, and TriMas.
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