, Salem, MA

March 26, 2013

Healey named Babson College president

Former lieutenant governor says she will keep her home in Beverly


---- — BEVERLY — Kerry Healey’s new job comes with a nice, new house. But that doesn’t mean she’s leaving her current home in Beverly.

Healey, who was officially introduced as the president of Babson College yesterday, said she will live on campus during the week but will keep her home on Curtis Point.

“That’s the house I raised my kids in, and we’re going to keep that,” she said.

Healey, the former lieutenant governor, has lived in Beverly since 1995. Husband Sean’s company, Affiliated Managers Group, is also in Beverly. Her two children will attend college in Massachusetts in the fall.

Healey, 52, becomes the first female president of Babson College, the Wellesley school known for its business programs. She was selected out of a field of more than 170 candidates, according to the college.

In a press conference, Healey said being named president of Babson was especially poignant considering the fact that her mother, Shirley Murphy, wanted to attend a college in Florida founded by Roger Babson, but her family couldn’t afford it.

Murphy eventually became the first woman in her family to attend college and became an elementary school teacher. Healey herself relied on financial aid and scholarships and worked several jobs to get through college after her father had a disabling heart attack and couldn’t work.

“My family made incredible sacrifices for me to be able to get an education,” Healey said. “Thanks to their sacrifice, I’m standing in front of you today. I am going to be absolutely focused on making sure this college is affordable for all the students out there who have an entrepreneurial gleam in their eye.”

Healey served as lieutenant governor under Mitt Romney before losing a campaign for governor to Deval Patrick in 2006. She worked as a policy adviser and fundraiser on Romney’s 2012 presidential campaign.

Healey’s name has been mentioned in the past as a possible Republican candidate for governor or senator. Yesterday, she said she will withdraw from politics while she is at Babson. She said she expects to remain at least until 2019, when the college marks its 100th anniversary.

“I’m out of politics for the foreseeable future,” she said.

While Healey is best-known as a political figure, she said she once assumed she would spend her career in academia. She has a degree in government from Harvard College and a Ph.D. in political science and law from Trinity College in Dublin.

Since leaving the lieutenant governor’s office in 2007, Healey has worked on such issues as reducing child homelessness, bringing humanitarian aid to schools for the disabled in Cuba and promoting justice reform in Afghanistan. She also hosted a television series on NESN about scientific and social innovation in New England.

As college president, Healey said she wants to expand Babson’s global reach and use entrepreneurial concepts to “lift the neediest out of poverty and tackle environmental issues.”

“My goal is to help recast Babson as a truly global leader in entrepreneurial education while maintaining its deep New England roots,” she said.

Staff writer Paul Leighton can be reached at 978-338-2675 or