Greg Gianforte, the ‘body-slam’ candidate, sits on the board of credit score firm FICO

Greg Gianforte,  (Jim Winstead via Wikipedia. Click for more.)

Montana Congressional candidate Greg Gianforte, whose name suddenly landed on all American’ lips Wednesday night, also plays a role in wallets.   Gianforte was involved in an altercation with a journalist on the eve of an election for a vacated seat in the House of Representatives.

Gianforte is also on the board of directors at FICO, which calculates the credit score most commonly used for consumer lending decisions in America.

Gianforte went to Stevens Institute of Technology in Hoboken, N.J., just across the river from New York City, where he studied computer science. He has started also sold two software companies, including Right Not Technologies, which sold to Oracle for $1.5 billion in 2012.

He was named to the board of FICO in 2013.

“We are thrilled to have Greg Gianforte join our board,” said Will Lansing, chief executive, FICO, according to a company press release at the time. “His extensive software background and experience with successfully introducing cloud-based solutions will be invaluable to us as we pursue new growth initiatives.”

FICO declined to answer questions about the alleged assault, or about how the election might impact Gianforte’s spot on the board.

“Thanks for your interest. We’re not commenting on it,” said Darcy Sullivan, FICO’s senior director of communications, in an email to me.

Politicians often bounce back and forth between corporate boards and elected office.  Maxwell Palmer and Benjamin Schneer published an analysis of this shuttle in 2015 and found a stunning 45 percent of U.S. Senators who “retired” since 1992 ended up on corporate boards — which often bring with the 6-figure salaries for part-time work.

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About Bob Sullivan 1638 Articles
BOB SULLIVAN is a veteran journalist and the author of four books, including the 2008 New York Times Best-Seller, Gotcha Capitalism, and the 2010 New York Times Best Seller, Stop Getting Ripped Off! His latest, The Plateau Effect, was published in 2013, and as a paperback, called Getting Unstuck in 2014. He has won the Society of Professional Journalists prestigious Public Service award, a Peabody award, and The Consumer Federation of America Betty Furness award, and been given Consumer Action’s Consumer Excellence Award.

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