Pence previously served as the CEO of Kiel Brothers Oil Co., the family business he took over from his father, Edward Pence.
The business filed for Chapter 11 bankruptcy in 2004 while Pence was serving as CEO. In a 2006 tax filing – disclosed after he was selected as then-Republican nominee Donald Trump’s running mate – Mike Pence claimed a total loss of $875,000 from his stake in Kiel Brothers.
Pence also served for a brief time during the administration of former Gov. Mitch Daniels at the Indiana Department of Environmental Management, but left his post after only a few months.more » « less