MONTPELIER — Campaign for Vermont founder and former Wall Street executive Bruce Lisman announced Wednesday he will not launch a bid to unseat Gov. Peter Shumlin.
Lisman, the former chairman of the JP Morgan Chase Global Equity Division, said he was considering a campaign for governor at the urging of Vermonters. But in a statement issued Wednesday Lisman said he will instead focus on advocacy efforts.
“I love Vermont and believe that she faces serious challenges as seldom before in her history,” Lisman said in his statement. “At this time, however, I believe I can best contribute to improving Vermont’s future by publicly and vigorously advocating for a focused, core set of moderate, nonpartisan and common sense government reforms. Indeed, this coalition building effort is the best approach to policy change and consistent with my focus since 2011.”
Wednesday’s announcement follows on the heals of one made by Stowe Rep. Heidi Scheuermann, who just last week said she would not seek the GOP gubernatorial nomination and challenge Shumlin, a two-term Democrat.
Scott Milne, president of Milne Travel, and Randy Brock, a former state senator auditor and the GOP’s failed 2012 nominee, are the only other known Republicans considering a run.
Lisman was being viewed by Democrats as a serious challenger. The Vermont Democratic Party in recent months attacked Campaign for Vermont, a group that Lisman has pumped more than $1 million into, for being a conservative organization cloaked as a nonpartisan advocacy group.
Despite declining to run, Lisman’s announcement included an indictment of Shumlin’s tenure as governor, saying Vermonters are concerned about the state’s future. He said he plans to focus on the need for job growth and economic development, comprehensive ethics standards in government, transparency in health care reform and reducing property taxes.
“The vast majority of Vermonters, from all different parts of the state and all different backgrounds, want to see expanded job opportunities and economic growth which stem from a stronger business environment, a return to responsible budget management, ethics standards in government, enhanced transparency, particularly on health care, and a better and more effective education system,” Lisman said.
The plans Lisman laid out in his announcement could set him up for a future run.
“I will focus on showcasing the public’s growing frustration about these issues and the need to implement tangible solutions for true change, change that Vermonters are demanding” he said. “Vermonters have made it clear they are not satisfied with the direction of the state and I will make it my mission to influence citizen-led forward progress.”