Last updated on: 8/27/2014 | Author:

Michael Bloomberg, MBA Biography

108th Mayor of New York City
Con to the question "Should Teachers Get Tenure?"

“We’ll do more to support teachers and reward great teaching – and that includes ending tenure as we know it so that tenure is awarded for performance, not taken for granted.

Teachers and principals are professionals. They deserve to be paid like professionals, treated like professionals, and evaluated like professionals. But for too long, the tenure evaluation process for both principals and teachers has been a formality – a rubber stamp. It used to be that 99.1 percent of teachers received tenure. That’s right, 99.1 percent. But last year, we started using data to make tenure decisions, and the tenure number dropped to 89 percent. For the other 11 percent, they were just not ready to receive a lifetime job protection…

It’s time for us to end the ‘last-in, first out’ layoff policy that puts children at risk here in New York – and across our wonderful country. With more budget cuts looming, principals across the country will have no choice but to make layoffs based only on seniority – so their newest teachers would be the first ones to go, even if they happen to be the best teachers. That makes no sense. Remember our one and only question: is it good for children?”

“Remarks of Mayor Michael R. Bloomberg at NBC News’ ‘Education Nation’ Summit,”, Sep. 27, 2010

Involvement and Affiliations:
  • Special Envoy for Cities and Climate Change, United Nations, 2014-present
  • Former Mayor, New York City, Jan. 1, 2002-Dec. 31, 2013
  • Chair, C40 Climate Leadership Group, 2010-2013
  • Founder, Bloomberg Philanthropies
  • Chairman, Board of Trustees, Johns Hopkins University, 1996-2001
  • Launched Bloomberg News, 1990
  • Founder, Innovative Market Systems (later Bloomberg LP), 1981
  • Partner, Salomon Brothers, 1972-1981
  • Entry level position, Salomon Brothers, 1966-1972
  • MBA, Harvard Business School, 1966
  • BS, Electrical Engineering, Johns Hopkins University, 1964
  • Born in Boston on February 14, 1942
  • Twitter handle: @MikeBloomberg
  • Founded Bloomberg Philanthropies, which distributed $452 million in 2013
  • Has donated more than $2.4 billion to charity
  • Listed by Forbes as the 16th richest person in the world, with a net worth of $31.8 billion as of Apr. 9, 2014
  • Known to ride the subway to New York City Hall every morning
Quoted in:
Pro & Con Quotes: Should Teachers Get Tenure?