Michael Machado
Michael Machdo | |
|---|---|
Barbara S. Matthews | |
| Personal details | |
| Born | March 12, 1948 Stockton, California |
| Political party | Democratic |
| Spouse | Diana |
| Children | 3 |
| Education | Stanford University University of California, Davis Harvard Business School |
| Military service | |
| Branch/service |  United States Navy |
| Battles/wars | Vietnam War |
Michael J. Machado (born March 12, 1948) is a
Background
Machado was born to William John Machado and Grace Fenley Machado, and had two siblings. His paternal grandparents immigrated to California from the Azores.[2]
Machado graduated with a degree in Economics from Stanford University, earned his master's degree in agricultural economics from the University of California, Davis, and in 1988 attended the Harvard Business School Agribusiness Seminar. Machado served in the United States Navy during the Vietnam War. Prior to entering the State Legislature, he served on the board of a major California food processor and worked for the Agency for International Development in Eastern Europe and Russia assisting farmers with the transition from a closed to an open market economy.[3]
Machado owns and operates a family farm in Linden.[4] He and his wife Diana have three children: Erahm, Melissa and Christopher (deceased).[3][5]
California State Assembly
Machado represented the California State Assembly's 17th District from 1994 to 2000. He distinguished himself as a pragmatic legislator who supports education reform, "balanced" environmental regulations and tax relief for all Californians. Since his election in 1994, Machado has authored legislation protecting school children from perpetrators by creating safety zones around schools, establishing drug rehabilitation programs in county jails, and providing a moratorium on gun shows illegally selling weapons. During the last legislative session, he was instrumental in crafting legislation designed to stop the unfair practice of "predatory lending."
Machado was the subject of a recall effort by the state GOP in the summer of 1995, which failed.[6][4]
California State Senate
Machado chaired the Senate Banking Committee
Machado was supported by Handgun Control, the California League of Conservation Voters, California Nurses' Association, California Teachers Association, Building and Construction Trades, and many other labor groups. Machado also received the support of the California Abortion and Reproductive Rights Action League (CARAL) and Planned Parenthood.
Later endeavors
Machado was appointed to the State Fund's board of directors in 2009.[8] In 2010, Machado was named the Director of the Delta Protection Commission.[9]
Machado has served on the board of directors of PICO Holdings, Inc. since 2013. Since that time, the company's stock price has fallen by over 65% from over $25 to under $9 per share.[10][11] Machado was criticized by shareholders for approving an executive compensation plan that is widely perceived as excessive.[12]
References
- ^ "Senator Michael J. Machado, Retired". Sacramento Advocates. Archived from the original on 19 September 2010. Retrieved 30 October 2010.
- ^ "William John Machado". recordnet.com. May 13, 2015. Retrieved 2020-09-07.
- ^ a b "Ca - Officials". AllGov California. Retrieved September 7, 2020.
- ^ a b Vassar, Alex (November 1, 2017). "Where are they now? Mike Machado". Capitol Weekly. Retrieved 2020-09-07.
- ^ Adamek, Tamma (August 20, 1998). "Linden mourns loss of Christopher Machado". recordnet.com. Retrieved 2020-09-07.
- ^ Spivak, Joshuadate=2017-08-28 (28 August 2017). "Op-Ed: The GOP is attempting a recall power grab in California". Los Angeles Times. Retrieved 2020-09-07.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ Yi, Matthew (May 23, 2007). "California slow to curb subprime home lenders / Industry contributes millions to politicians of both parties". SFGate. Retrieved 2020-09-07.
- ^ a b "Board of Directors". content.statefundca.com. Retrieved 2020-09-07.
- ^ Lien-Mager, Lisa (September 7, 2010). "Machado Named New Director of Delta Protection Commission". Association of California Water Agencies. Archived from the original on December 24, 2010.
- ^ "Michael J. Machado: Executive Profile & Biography - Businessweek". Bloomberg. Archived from the original on 14 December 2019. Retrieved 20 May 2016.
- ^ "The Long Decline - Reform Pico Now". Reform Pico Now. Archived from the original on 6 June 2017. Retrieved 20 May 2016.
- ^ "John "The Juicer" Hart Compensation Plan Betrays PICO Shareholders – Part I". Reform Pico Now. Archived from the original on June 6, 2017. Retrieved 24 May 2016.