Dave Spence

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Dave Spence
Dave Spence.jpg
Candidate for
Governor of Missouri
PartyRepublican
Education
High schoolKirkwood High School
Bachelor'sUniversity of Missouri-Columbia
Personal
ProfessionBusinessman
ReligionCatholic
Websites
Personal website
Campaign website
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The information about this individual is current as of when his or her last campaign ended. See anything that needs updating? Send a correction to our editors
Dave Spence was the 2012 Republican candidate for Missouri Governor.[1]

Spence officially announced his candidacy on November 15, 2011. The move was a surprise to many Republicans, as Spence had previously said he would only run if current Lieutenant Governor Peter Kinder, believed to be the preferred GOP candidate, did not.[2] Three days after Spence's announcement, Kinder said he would not be seeking the nomination for governor, but would seek another term as lieutenant governor instead.[3]

Biography

Spence was born and raised in Missouri. He graduated from Kirkwood High School and later earned a B.S. in home economics from the University of Missouri-Columbia. Spence served as President of Alpha Packaging, an Overland-based manufacturing company he built from the ground up, for 27 years.[4][5]

Education

  • Kirkwood High School
  • B.S., Home economics, University of Missouri-Columbia

Elections

2012

See also: Missouri gubernatorial election, 2012

Spence ran for governor of Missouri in 2012. He defeated Bill Randles, Fred Sauer and John Weiler in the Republican primary on August 7, 2012 but was defeated by Democratic incumbent Jay Nixon in the general election on November 6, 2012.[6][7]

Governor of Missouri General Election, 2012
Party Candidate Vote % Votes
     Democratic Green check mark transparent.pngJay Nixon Incumbent 54.8% 1,494,056
     Republican Dave Spence 42.5% 1,160,265
     Libertarian Jim Higgins 2.7% 73,509
Total Votes 2,727,830
Election Results via Missouri Secretary of State.


  • Primary
Missouri Governor Republican Primary, 2012
Candidate Vote % Votes
Green check mark transparent.pngDave Spence 59.9% 333,682
Bill Randles 16.3% 90,686
Fred Sauer 15.1% 84,019
John D. Weiler 8.8% 49,019
Total Votes 557,406
Election Results Via:Missouri Secretary of State.


Endorsements

Spence's 2012 campaign for governor was endorsed by:

Campaign advertisements


"Practice"

"Together"

"Failed"

"Sinking"

Controversies

Defamation suit over banker ads

Tensions over negative advertising campaigns on both sides culminated on October 12th when Spence filed a defamation lawsuit against Nixon in Cole County Circuit Court for an advertisement that accused Spence of using his position as a bank board member to arrange an "insider loan" of federal bailout money to buy himself a vacation home. Spence firmly denies any link between the loan and the $40 million in bailout money the bank received in 2009, before he joined the board. He says he was not present when the other board officials made their decision to approve the loan.[12]

Partly in reaction to the banker ads, Spence told the press days before filing suit that Nixon had "sold his soul to the devil" trying to win re-election.[12]

Nixon's campaign manager refused requests to take down the ad, where it is airing in markets across Missouri. "You see a lot of crazy stunts during the course of a campaign, but this frivolous lawsuit is misguided and desperate," he said.[12]

Reliance Bank

Spence served on the board of both Reliance Bank and its holding company in recent years. In early 2009, Reliance Bancshares received $42 million in assistance from the federal Troubled Asset Relief Program (TARP). In February of 2010, the bank announced it was going to delay its first annual payment to TARP because of "continued financial strain."[13]

Later that fall, Spence purchased 500,000 shares of Reliance stock for $1.5 million. Spence defended his investment, saying "when the truth is out there" (about his activities at Reliance, it will be clear that "I did more to help things." The Missouri Democratic Party is "questioning his explanations about his dealings with Reliance, particularly when compared with the Bank's written statements filed with the federal Securities and Exchange Commission."[13]

Late tax payments

A review of tax and finance records indicate that Spence (or his companies) "have been late paying property, personal property, manufacturers' and other taxes totaling tens of thousands of dollars dating to 1995, and as recently as 2010."[14] Democrats are using the information to counter Spence's "I want to be the CEO of Missouri" campaign platform. Spence's spokeswoman called the accusations "old issues" and noted that many of the amounts "are so small as to results in penalties of just a few dollars."[14]

Campaign donors

Spence lost the election to the position of Governor of Missouri in 2012. During that election cycle, Spence raised a total of $11,465,189.

Personal

Spence is the recipient of the 2009 Fast Track Award from the Missouri Chamber of Commerce for Alpha Packaging and the 2010 Fast Track Award for Legacy Pharmaceutical Packaging. He and his wife, Suzie, have been married for 21 years and have four children.[4]

See also

External links

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References

  1. Southeast Missourian, "St. Louis businessman to run for Missouri governor," November 16, 2011
  2. St. Louis Post Dispatch, "David Spence to enter Republican primary for governor," November 16, 2011
  3. KY3, "Lt. Gov. Peter Kinder won't run for governor," November 18, 2011
  4. 4.0 4.1 Spence for Governor.com, "Meet the Spence Family," accessed April 4, 2012
  5. SLTtoday.com, "David Spence to enter Republican primary for governor," November 16, 2011
  6. AP Election Results-Campaign 2012, "Missouri-Summary Vote Results," August 7, 2012
  7. Missouri Secretary of State, "November 6, 2012 General Election Results," accessed November 7, 2012
  8. Kansas City Star, "The Star's recommendations: The top candidates for state offices in Missouri," July 27, 2012
  9. KSPR.com, "GOP heavyweight Gov. Chris Christie stumps for Dave Spence," September 23, 2012
  10. St Louis Post-Dispatch, "Missouri Republican Spence gets $950k from GOP governors group," October 9, 2012
  11. 11.0 11.1 11.2 [http://www.spenceforgovernor.com/2012/09/17/missouri-corrections-officers-endorsement/ Official Campaign Website Press Release, "Missouri Corrections Officers Association Endorses Dave Spence for Governor"
  12. 12.0 12.1 12.2 The Columbia Tribune, "Spence files defamation suit," October 13, 2012
  13. 13.0 13.1 St. Louis Beacon, "GOP businessmen look for new positions - as elected officials," November 18, 2011
  14. 14.0 14.1 MidWest Democracy.com, "Midwest Democracy | Candidate for Missouri governor beset by problems with late tax payments," April 4, 2012