Bob Hugin’s campaign told the New Jersey Globe that the former Celgene CEO left a high-level post at J.P. Morgan in the late 1990;s to take a post closer to home that would allow him to spend more time with his family and for an opportunity to build up a business.
Hugin spokesman Nick Iacovella said it was unlikely that Hugin — with the election now just seven days away — would have the time to dig around for a 19-year-old U5 form that would have information on Hugin’s departure from the investment bank.
Hugin indicated he would be willing to approve the release of the form on Sunday, though he said he was not aware with the process to do so.
After 10 years, U5 forms cannot be released without the employee’s consent.
In April 1999, Hugin left J.P. Morgan after 14 years with the firm. He joined Celgene in June of the same year, about two months later.
Sen. Bob Menendez’s campaign has recently raised Hugin’s departure from the firm in a series of Twitter post.
The senator said on Tuesday that the campaign brought up Hugin’s job change because they thought the timeline on his departure “doesn’t sound right.”