Gov. Pat McCrory continues pushing back against a news story about a $170,000 stock payout he received, defending himself on TV and radio stations.
The governor’s message is that he’s proud of his experience in the business world, but that leftwing interests and some news media are biased against politicians with a background in private industry.
“There’s some in Raleigh and Washington, D.C. that want to attack those who come from the private sector and go into public service,” McCrory told WSOC in Charlotte. “Without my private sector, I wouldn’t have been as good a mayor as I was in Charlotte, and I wouldn’t be as good as governor as I’m doing right now.”
An Associated Press story on Tuesday detailed an accelerated six-figure stock payout he was given for serving on the board at online mortgage broker Tree.com in 2013, soon after becoming governor. He gave notice of resignation the day before he was sworn in but delayed the effective date until Jan. 31.
McCrory told WSOC that the company asked him to wait until the end of the month for paperwork reasons, but that he didn’t participate as a board member during that time. The board on Jan. 30 granted him early vesting.
The AP story said McCrory failed to fully disclose his income from the company on state ethics forms, which he disputes along with several other parts of the story that he contends contained innuendo of wrongdoing. The AP says it stands by its story.
“I’m going to fight back,” McCrory told the TV station. “Especially if they’re challenging my integrity with false statements.”
He also spoke on WBT Radio in Charlotte and Time-Warner Cable News.
The AP story was prompted in part by disclosure of the early vesting in a report filed with the federal Securities and Exchange Commission in May. The News & Observer reported in August 2013 that McCrory had received $138,204 in salary and stock awards while a director at Tree.com through Dec. 31, 2012.