Erskine Bowles announced today that he won’t run for governor.
The former UNC-system president who served as chief of staff in the Clinton Administration and twice ran for U.S. Senate and said there are other ways besides serving in Raleigh to make a difference.
Bowles’s name recognition and status as a successful investment banker and co-chairman of a President Obama’s bipartisan budget deficit commission made him an obvious choice for the position once Gov. Bev Perdue made her announcement last week that she won’t seek a second term.
In a poll released earlier this week, Public Policy Polling found Bowles as the most likely Democrat to defeat Republican hopeful Pat McCrory, a former Charlotte mayor who Perdue beat in 2008.
N.C. House Rep. Bill Faison, D-Caswell, Orange, and Lt. Gov. Walter Dalton are the only two candidates to jump in the raise so far, though a gaggle of contenders were waiting to see what Bowles would do before making their intentions known.
Dalton released a statement offering his respect and admiration for Bowles.
“We’ve worked together throughout the years on many issues and he’s a true public servant,” it reads. “I feel confident he will remain an influential voice in state and national policy.”