New York Times reporter questions Pence’s business experience

first_imgColumbus, In. — As Primary Election Day closes in the New York Times has published a piece that raises questions about the Greg Pence campaign for Congress.The article says Pence has declined debates and interviews, has no public schedule and releases after-the-fact campaign pictures via social media.The publication also takes a shot at Greg Pence’s business acumen. Pence was asked to join Kiel Brothers Oil Company after the death of his father in 1988. Over the next ten years, he rose to the position of president and began to make strategic decisions for the organization.By 2004 the company filed for Chapter 11 bankruptcy protection and faced $100 million in claims from creditors and more than $8 million in fines for leaking fuel tanks to the Indiana Department of Environmental Management.Additionally, Pence served on the board of directors of the primary lender to the company, Home Federal Bank. On two occasions, Pence signed agreements making him personally responsible for the loans taken out for expansion, neither agreement was satisfied.Ultimately, Pence resigned from the bank board of directors and as president of Kiel Brother’s Oil Company in 2004.A link to the full article is here.last_img


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