Steve Poizner, a Silicon Valley telecommunications multi-millionaire entrepreneur, withdrew his name on Wednesday from consideration to fill one of the five seats on the California Public Utilities Commission (CPUC), citing too many conflicts with his rich and varied personal investment portfolio. Poizner, an unsuccessful candidate for an elected state legislative seat two years ago, said he plans to run next year for the state Insurance Commissioner’s post.
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CPUC Nominee Withdraws From Consideration Citing Conflicts
Steve Poizner, a Silicon Valley telecommunications multi-millionaire entrepreneur, withdrew his name on Wednesday from consideration to fill one of the five seats on the California Public Utilities Commission (CPUC), citing too many conflicts with his rich and varied personal investment portfolio. Poizner, an unsuccessful candidate for an elected state legislative seat two years ago, said he plans to run next year for the state Insurance Commissioner’s post.
April 8, 2005