October 21, 2021

Wagit Mart

Reach Out And Touch Business

Former Ohio treasurer Josh Mandel landed gigs on corporate boards

Three-and-a-half years ago, Republican Josh Mandel abruptly dropped out of politics, citing an urgent need to attend to his ailing wife.

While out of the public eye, Mandel cashed in on his connections — landing spots on corporate boards and joining startups — and ended his 12-year marriage to Ilana Shafran Mandel

On his recently filed Senate financial disclosure statement, Mandel, 43, reported $839,571 in income from Jan. 1, 2020 to May 15, 2021, plus another $205,413 windfall when he cashed outthe pension he received as a public employee. 

The private sector gigs paid handsomely:

  • $287,196 from Athene Co-Invest Reinsurance Affiliate 1A Ltd. in Bermuda,
  • $250,000 from Lonestar Generation LLC in Princeton, N.J.,
  • $150,000 from Legal Business Services LLC,
  • $68,000 from Dayton-based payday lender Schear Financial Services,
  • $42,000 from Hawkeye Capital Management in Miami Beach,
  • $29,875 from Capital Community Bank in Provo, Utah and
  • $12,500 from LiftCamp Inc., a startup Mandel helped found.