Jon Corzine was born on January 1, 1947, and grew up
on a small family farm in the central Illinois community
of Willey's Station. His father farmed and sold insurance;
his mother was a public school teacher. His interest
in politics was forged in his farming community. It
was there that he learned the meaning of hard work and
the opportunities afforded by a strong education system.
Governor Corzine graduated
Phi Beta Kappa from the University of Illinois at Urbana-Champaign
in 1969 and enlisted in the U.S. Marine Corps Reserves.
He remained in the reserves until 1975, rising to the
rank of sergeant in his infantry unit.
After his active duty in the Marine
Corps, he began his career in finance, working as a
portfolio analyst at the Continental Illinois National
Bank in Chicago. He enrolled in the graduate business
school of the University of Chicago in 1970, first attending
classes at night. He received his MBA in 1973, and went
to work at Bank Ohio, a regional bank in Columbus, Ohio.
In 1975, Governor Corzine
was recruited by Goldman Sachs, the New York investment
firm, and he and his family moved to New Jersey. He
was named a partner at Goldman Sachs in 1980, and became
chairman and chief executive officer in 1994. He left
Goldman Sachs in May 1999 after successfully converting
the investment firm from a private partnership to a
During Governor Corzine's
leadership at Goldman Sachs, the business magazine Fortune
named Goldman Sachs one of the 10 best companies to
work for in America. The Governor was named by
Time magazine as one of the top 50 technology executives
in the country in 1997.
As the chief executive officer
at Goldman Sachs, Governor Corzine expanded the
company's community outreach and philanthropic programs,
establishing a company-wide service program in which
employees volunteer on a regular basis in their communities.
Also in 1997, Governor Corzine was the chairman
of a presidential commission to study capital budgeting
as a means of increasing federal investment in schools,
technology, and infrastructure.
Jon Corzine was elected to the
United States Senate in November 2000. During his time
in the Senate, he focused on serving the state of New
Jersey, applying his financial expertise to major economic
and regulatory issues, and pushing a forward-looking,
As Senator he sought new federal
investments in New Jersey’s transportation network,
pursued new safeguards to protect chemical facilities
against terrorist attack, introduced legislation to
improve access to education and healthcare, fought for
stronger environmental policies, and led the effort
in Congress to crack down on corporate abuse.
In a major victory, the Senate
adopted Governor Corzine’s resolution declaring
the need for new safeguards at the nation’s vulnerable
chemical plants. He also secured federal funding toward
the construction of a second railroad tunnel underneath
the Hudson River, long sought by New Jersey’s
congressional delegation, and won federal support for
a wide variety of community and economic development
projects throughout the state of New Jersey. In addition,
to protect the environment and the economy along New
Jersey’s shore, Governor Corzine fought
to prevent any oil or gas drilling off the coastline.
In 2005, Jon Corzine announced
his candidacy for the Governorship of New Jersey, promising
to bring the same business practices and integrity that
helped him run Goldman Sachs to state government. He
built his campaign around his comprehensive ethics proposal,
revamping the state’s property tax system, building
a stronger economy, and improving education and healthcare.
Jon S. Corzine will be sworn in as New Jersey’s
54th Governor on January 17, 2006.