MutualFundWire.com: Fundster CEOs Get Out the Vote, and One Hosts a Fundraiser

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Thursday, August 6, 2020

Fundster CEOs Get Out the Vote, and One Hosts a Fundraiser

Three prominent fundsters are backers of a new get-out-the-vote effort, and one of them also hosted an exclusive political fundraiser last month.

Robert Lloyd Reynolds
Putnam Investments / Great-West Lifeco U.S.
President, CEO / Chairman

Tim Buckley (chairman and CEO of Vanguard Group), Ron O'Hanley (chairman and CEO of State Street, and former CEO of its SSGA arm), and Bob Reynolds (president and CEO of Putnam Investments) are among 100-plus CEOs lining up behind A Day for Democracy, which was unveiled yesterday. The coalition's members have promised to boost voter registration and participation (including by mail-in ballot) among the employees of their companies.

Meanwhile, last month, Putnam's Reynolds lent his support in another aspect of the political process: campaign fundraising. The Associated Press, the Nantucket Inquirer and Mirror, and a local NBC station all reported that on Saturday, July 25, Reynolds hosted a fundraiser for the reelection campaign of U.S. President Donald Trump (R). The luncheon at Reynolds' Nantucket home reportedly cost $25,000 per ticket and drew about 30 guests, and U.S. Vice President Mike Pence (R) flew in for the occasion. (Massachusetts governor Charlie Baker, also a Republican, reportedly met Pence at the airport but did not attend the fundraiser.)

Printed from: MFWire.com/story.asp?s=61705

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