Gubernatorial candidate Mike Minogue pledges to say no wage, if elected

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Republican gubernatorial candidate Mike Minogue is pledging to say no the governor’s wage if he’s elected.

The previous healthcare govt informed the Herald that he’ll redirect the complete $222,185 annual wage some other place.

Minogue says the choice displays on the “core themes of his marketing campaign: affordability, accountability, and the expectation that management ought to set the usual.

“Massachusetts has an affordability and accountability problem. Families are cutting back while political elites keep spending without discipline. I have spent my life giving back to the community, especially in education, healthcare, and veterans’ causes, and declining the governor’s salary is another way to reflect those values,” Minogue stated.

The GOP mega-donor additionally criticized political leaders in Massachusetts who “continue spending without discipline.”

“As a new kind of governor, I will work to make Massachusetts competitive and affordable again. Getting government costs under control will take discipline and focus; the same approach I’ve used my entire career,” he stated. “I’ll bring that standard to state government. As a new kind of governor, taxpayers will have a leader focused on affordability, accountability, opportunity, and keeping communities safe.”

Based on the state Comptroller’s Workplace, the governor’s base pay in 2024 was $222,185. The governor additionally receives a $65,000 annual housing allowance. That wage ranks fourth amongst all U.S. states, falling behind governors’ salaries paid by New York ($250,000), Pennsylvania ($245,760), and California ($224,020).

Minogue’s marketing campaign says he’ll moreover decline another allowances or pensions paid out to the governor.

The third republican to enter the gubernatorial major when he formally introduced his candidacy in late September, Minogue had beforehand served almost 19 years because the Chairman, President and CEO of Abiomed — a medical machine know-how firm underneath the umbrella of Johnson & Johnson since 2022.

He earned a complete compensation of $12,670,000 throughout his final yr with the corporate in 2022, in accordance with the ERI Financial Analysis Institute. Minogue has an estimated web value of no less than $193 million, in accordance with Gurufocus.

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