The governor divested because he wanted to be above any appearance of impropriety, his then-chief of staff Jason Chaffetz explained. "It's just the right thing to do."
Huntsman put the money into a blind trust to be used in part to pay for his seven children's college educations.
- Glen Warchol
Gov. Jon Huntsman Jr. will not benefit directly from the $9.6 billion sale of Huntsman Corp., his spokeswoman said Tuesday. "The governor has no financial holdings in the company," said spokeswoman Lisa Roskelley. Huntsman, who was elected in November 2004, reported that in early 2005 he sold his 1 percent of shares of the family-owned Huntsman Corp. for $15 million to $25 million. He divested his 600,000 shares of stock soon after the company's February 2005 public offering.


