Posted on 02/22/2023 11:02:35 AM PST by Dr. Scarpetta
NEW YORK, Ny. - Former U.S. Senator Patrick Toomey (R) has been appointed to the board of directors of Apollo Global Management Inc., a firm that controls about $548 BILLION in assets.
Toomey, R-Pennsylvania and a Lehigh County resident, served two terms in the Senate from 2011 to 2023.
He served three terms in the U.S. House earlier.
While in the Senate, he served on the Banking, Budget, Finance and other committees.
He also served on a committee on deficit reduction, although the national deficit increased by trillions of dollars.
"After 18 years in the public sector, I am excited to bring my differentiated perspectives to the board of Apollo, a firm that plays an important role in generating retirement income for millions of savers and providing capital for business growth," Toomey said in an Apollo statement.
He will join the Apollo Global board on March 15.
Before running for office, Toomey worked for Chemical Bank and later, Morgan, Grenfell & Co.
He is a graduate of Harvard University.
(Excerpt) Read more at wfmz.com ...
The Apollo statement did not disclose Toomey's compensation as a board member.
An eternal grifter strikes again.
That’s why I actually support Ben Sasse going to UF, where at least he can do something positive.
Oh, it will be massive.
I like how you phrased that statement, you make your mother proud.
Scumbag tries to primary Arlen Specter out,then years later votes for Trump’s impeachment conviction.
It’s possible Toomey could be making hundreds of thousands a year doing this.
“Salary Details for a Director at Apollo Global Management”
https://www.glassdoor.com/Salary/Apollo-Global-Management-Director-Salaries-E2715_D_KO25,33.htm
Toomey, a Pennsylvania Republican, voted to impeach Trump.
This is their career path. I remember Trump saying during the 2016 Republican debates whenever an opponent would ‘score’ against Trump and the audience would break into applause — “see..those are the donors and lobbyists applauding”. Next expect this Toomey clown to throw his support behind DeSantis.
Yes, Toomey voted to convict. He did not like Trump and was very aloof from his constituents. I never saw him Show up at any Republican events here in PA that I went to.
*Ping
Of course. This guy is a corporatist bum.
He attended several Pa. Leadership Conferences in Harrisburg.
Well he upset a lot of snowflakes at UF so I like that.
Being from Nebraska I was glad to see him go.
It’s a Win-Win.
And that’s just direct compensation. It doesn’t include the informal access to investing in private deals that the board members get.
YIKES!!
Back then, Toomey was the real deal. Specter was a scumbag.
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