This report was published in July 2000. It should be considered outdated and is kept online for historical purposes only.

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Pioneer Profiles: George W. Bush's $100,000 Club
Name: Tom Petway, III
Occupation: Chair & CEO, Zurich Insurance Services
Industry: Insurance
Home: Jacksonville, FL


Political Contributions:
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After Jeb Bush lost his ’95 gubernatorial race, Petway invited him to join the board of the Ideon Group, a company that spent lavishly on its executives and board and tanked several months later because there was little market for its heavily promoted new products. The weirdest of these was a $250 annual fee that ensures that a credit card holder’s children will be searched for if they get abducted. Jeb also was a small investor in Petway’s quest to bring NFL football to Jacksonville; taxpayers were hit up for $150 million to renovate the Gator Bowl for the Jaguars. In ‘98, Petway and his company contributed $100,000 to the Florida Republican Party, which spent millions of dollars on ads promoting Jeb. Jeb then appointed Petway head of the State Board of Regents, where Petway led the charge to ban affirmative action.

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