New Balance Chairman Drops $1 Million On Josh Kraft Super PAC In Boston Mayor Race

By Gintautas Dumcius Commonwealth Beacon 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 Your

By Gintautas Dumcius Commonwealth Beacon 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 Your…