The presidency of Bill Clinton began on January 20, 1993 at noon Eastern Standard Time, when Bill Clinton was inaugurated as President of the United States, and ended on January 20, 2001. His running mate, Al Gore, took office as Vice President on the same day. Clinton, a Democrat, took office after defeating Republican incumbent President George H. W. Bush and Independent businessman Ross Perot in the 1992 presidential election. Four years later, he defeated Republican Bob Dole and Ross Perot (this time running on the Reform Party ticket) to win a second term of office. During both elections, Clinton ran as a New Democrat, and many of many of his administration's policy proposals reflected his centrist, Third Way thinking. The 42nd United States president, he was the first president elected after the end of the Cold War, the first Baby Boomer to become president, and also the first Democrat since Franklin D. Roosevelt to serve two full terms. He was succeeded in office by Republican George W. Bush.