After a career in M&A at Bankers Trust and after forming a private equity firm, he joined the Connecticut Economic Development Authority in 1993 serving as its chairman for six years.
His paternal ancestor, Michael Frantz II, arrived in Lancaster County, Province of Pennsylvania somewhere prior to 1747, originally being from Hilterfingen, Switzerland.
Leroy Frantz, Jr. later owned the Dutch airline Transavia, and Marina America, a large shipyard and boat repair facility, located in Stamford.
in politics from Princeton University in 1982, after completing a 244-page long senior thesis, titled "New Right Lobbying and the Death of Salt II".
[16] He also has served on number of other public and nonprofit boards, including the Connecticut Brownfield Redevelopment Authority, the Greenwich Teen Center and Corporate Angel Network.