Bonuses For Bosses, Nothing For Workers

Washington, D.C. -  The Republican Attorneys General Association (RAGA) released new information about Doug Reynolds’ record on executive bonuses and fired employees on its website,

“Doug Reynolds claims to be the candidate for working West Virginians, but his record tells a different story,” said Scott Will, Executive Director of RAGA. “As a board member of Portec, a business controlled by his wealthy father, Doug Reynolds handed out well over half a million dollars in bonuses to company executives. However, his generosity did not extend to hardworking West Virginians. Portec laid off 20 workers in 2009 and offered no severance packages.”

“We already know that Hillary Clinton donor Doug Reynolds took taxpayer bailouts for his failing banks and voted to raise taxes and fees 16 times as a member of the legislature. His claims to be the candidate that looks out for working West Virginians do not match up with reality. All West Virginians concerned about having an attorney general who looks out for them and aligns with their values should go to and examine the facts about Doug Reynolds.”

Fact Sheet:

Reynolds Biography In Corporate Filing From 2010: Mr. Reynolds Was Nominated To Serve On Our Board Of Directors Because He Possesses Extensive Experience In Senior Management Positions And Board Service In A Variety Of Industries And Is Qualified To Evaluate All Of The Factors That Contribute To The Company’s Performance, Including Industry Trends, Sales And Production Data, Business Risks And Financial Data. In Addition, Due To His Experience As An Attorney And In Governmental Affairs, He Offers A Unique Perspective On The Legal And Regulatory Issues Facing The Company As Well As Developments In The Political Landscape That Affect The Company And Its Operations.”

Doug Reynolds Served On Board Of Directors Of Portec Rail Products From 1998 Through 2010.

Do you like this post?

Be the first to comment

RAGA: Fighter