THE MANCHINS FATHER AND DAUGHTER HAVE BEEN INVOLVED IN CONTROVERSIES BEFORE:
2007: The Heather Bresch E.M.B.A. controversy refers to a controversy regarding the granting of an Executive MBA by West Virginia University to Mylan Chief operating officer Heather Bresch. An independent panel concluded that Bresch did not complete the graduation requirements. West Virginia University’s president, provost and business school dean resigned as a result of the investigation, and the university’s general counsel and the president’s communications officer relinquished those roles.
2014: Zohydro Ban Proposed by Senator Joe Manchin: His Daughter is CEO of Competitor?
http://johnsaddiction.com/7626-joe-machin-zohydro-oxycontin/
US taxation of corporate profits is the highest in the world, and hobbles American companies competing on world markets, thereby costing American jobs. Just last month, medical equipment giant Medtronic announced plans to move its headquarters from Minneapolis to Dublin, via the acquisition of a company located there, and taking the new company’s domicile as its own. Now, it is being followed by a company run by the daughter of a US senator. Andrew Ross Sorkin of The New York Times:
Heather Bresch grew up around politics. Her father is Joe Manchin, the Democratic senator from West Virginia and a former governor. She has heard him say repeatedly, “We live in the greatest country on Earth,” as he did in countless political advertisements. And it appeared to rub off on her: Ms. Bresch was named a “Patriot of the Year” in 2011 by Esquire magazine for helping to push through the F.D.A. Safety Innovation Act.
Ms. Bresch is the chief executive of Mylan, the giant maker of generic drugs.
Until now, Ms. Bresch ran an unabashedly proud American company based in a Pittsburgh-area suburb, one of a handful of success stories that kept the once-thriving steel city relevant.
But on Monday, Ms. Bresch announced plans to renounce her company’s United States citizenship and instead become a company incorporated in the Netherlands, where the tax rates are lower. She did so by agreeing to acquire Abbott Laboratories’ European generic drug business.