As reported by the Philadelphia Inquirer, Katie McGinty incorrectly filed her PFD. The error draws attention to the compensation McGinty received as a board member for Iberdrola, the Spanish wind company that came under fire in a recent Pittsburgh Post Gazette story for McGinty’s use of the “revolving door” to personally profit from her position as DEP Secretary.
The story points out that McGinty raked in $125,000 for the time period reported, which does not include her entire tenure on Iberdrola’s board. McGinty joined the company in 2009, leaving four years unaccounted for.
Pennsylvanians deserve to know: How much did this trip through the revolving door pay Katie McGinty? Just how much did she profit by leveraging the position that Pennsylvania taxpayers paid her for?
McGinty disclosure form gets quick correction
The Philadelphia Inquirer
Jonathan Tamari
WASHINGTON – At first glance, Katie McGinty’s financial disclosure makes it look like she was busy this year.
Her form, which the Democratic Senate candidate filed earlier this week, seemed to show that she was a director at the energy firm Iberdrola at the same time as she served as Gov. Wolf’s chief-of-staff – but her campaign said that the form is mistaken, and that the two jobs did not overlap.
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McGinty’s initial disclosure filing says she served as a director for Iberdrola Networks from Nov. 2013 to until Nov. 2015, but Singh said the end date was incorrect and a correction was submitted Friday afternoon.
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McGinty, who was paid quarterly, made $100,000 from Iberdrola in 2014 and $25,000 in 2015, according to her campaign. Her last payment arrived Jan. 14, four days before her resignation. She left the governor’s office in July ahead of launching her Senate bid.
McGinty had been affiliated with Spain-based Iberdrola since 2009, when she became a director at Iberdrola USA, her disclosure shows.
Republicans have attacked her work at the energy firm, accusing her of using the revolving door to help herself and her employer after she led Gov. Rendell’s Department of Environmental Protection.
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