Entrepreneur and former Fox News contributor Pete Snyder has joined the crowded field seeking the Republican nomination for Virginia governor.
The CEO of a capital investment firm, Snyder said in a campaign video released Tuesday that he was running as an innovator, disruptor and problem solver seeking to shake up state politics after “eight years of failed leadership” by Democrats in the governor’s mansion.
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“I’m running for governor because I believe we need change and it’s time Virginia leads again,” he said in the video.
Snyder, who previously founded a social media marketing company, New Media Strategies, unsuccessfully sought the party’s nomination for lieutenant governor in 2013. He, his wife and daughter live in Charlottesville, and he now runs Disruptor Capital, an angel capital investment firm that focuses on “on funding and growing disruptive technologies, ideas and entrepreneurs,” according to its website.
Snyder is joining a wide GOP field that in recent weeks has seen two other Republicans jump in or indicate they are running.
Sergio de la Peña is a retired Army officer who touted his early support for former President Donald Trump in a campaign launch video. Glenn Youngkin, who retired as co-CEO last year from the investment firm the Carlyle Group, has filed paperwork signaling a run. Like Snyder, neither has served in elected office before.
Also in the race is firebrand conservative state Sen. Amanda Chase, as well as state Del. Kirk Cox, who was the powerful speaker of the House when Republicans last controlled the chamber.
The crowded Republican field indicates that the GOP is bullish on its chances of winning in the state even as it has grown increasingly blue in the past decade, particularly during the Trump era. No Republican has won a statewide race in Virginia in more than a decade.
Democratic Gov. Ralph Northam cannot seek reelection because Virginia governors cannot serve consecutive terms.
Seeking the Democratic nomination are: former Gov. Terry McAuliffe, who was in office from 2014 to 2018; Lt. Gov. Justin Fairfax; state Sen. Jennifer McClellan; state Del. Jennifer Carroll Foy; and state Del. Lee Carter.
Princess Blanding, the sister of a Black man who was killed by Richmond police in 2018, also recently launched a third-party bid.
The state GOP has opted to pick its nominee at a convention in May. Democrats will choose their candidate in a June primary.