New Balance chairman drops $1 million on Josh Kraft super PAC

New Balance chairman drops $1 million on Josh Kraft super PAC

JIM DAVIS, the multi-billionaire chairman of shoemaker New Balance, is once again opening up his wallet and wading into Boston politics.Earlier this month, he sent $1 million to an outside group supporting Josh Kraft’s bid to unseat Mayor Michelle Wu, according to campaign finance filings made public late Friday afternoon. The money went towards a super political action committee (PAC), which can raise and spend unlimited amounts of money, named…

New Balance guy drops $1 million on pro-Kraft super PAC

CommonWealth Beacon reports on Jim Davis's latest attempt to get somebody other than Michelle Wu elected mayor. He spent a similar amount on a super PAC backing Annissa Essaibi George in 2021. Topics: PoliticsNeighborhoods: BostonFree tagging: New Balance2025 electionsJosh Kraftemailprint