Politics

Pfizer executive Sally Susman to host 2020 presidential fundraiser for Democrat Kirsten Gillibrand

Key Points
  • Presidential candidate Kirsten Gillibrand is to attend a fundraiser at the home of Sally Susman, a top Pfizer executive, on March 31, according to people with direct knowledge of the matter.
  • Tickets cost $1,000 to $2,700, these people added.
  • Susman is a major figure in Democratic fundraising circles. She was a lead bundler for President Barack Obama's 2012 re-election campaign.
CEDAR RAPIDS, IOWA - FEBRUARY 18: U.S. Senator Kirsten Gillibrand speaks to guests during a campaign stop at the Chrome Horse Saloon on February 18, 2019 in Cedar Rapids, Iowa.
Scott Olson | Getty Images News | Getty Images

A senior executive at pharmaceutical giant Pfizer will host a campaign fundraiser for Democratic presidential candidate Sen. Kirsten Gillibrand of New York, CNBC has learned.

Gillibrand is slated to attend a March 31 fundraiser at the New York home of Sally Susman, Pfizer's executive vice president and chief corporate affairs officer, according to people with direct knowledge of the matter. Ticket prices range from $1,000 to $2,700, these people added.

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Susman, who supported Gillibrand's Senate runs, has also been privately telling friends she's likely to fully support Gillibrand's presidential bid, according to one of the people familiar with the discussions. The Pfizer executive was also a lead bundler for President Barack Obama's 2012 re-election campaign, according to the nonpartisan Center for Responsive Politics.

"Sally Susman is major Democratic fundraiser," said a New York donor familiar with the planned gathering. "Having her in your corner is a good get, and, at the end of the day, Kirsten's got to show that she has real support in New York."

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A Pfizer spokeswoman declined to comment. Meredith Kelly, a spokeswoman for the Gillibrand campaign, did not return repeated requests for comment.

The fundraiser comes at a time when Gillibrand and many other 2020 hopefuls are trying to distance themselves from big money donors and appeal to grassroots voters who usually donate less than $200.

On the night of her announcement declaring she will run for president, Gillibrand tweeted that her campaign had successfully raked in small donations from all 50 states and promised not to accept contributions from political action committees run by corporations.

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Among all the candidates running for the White House, Sen. Bernie Sanders has had the most success appealing to small-dollar donors. His campaign announced this week he raised just shy of $6 million in the first 24 hours of his bid for president with an average donation of $27. Gillibrand's campaign has yet to announce her fundraising totals, and even though she's still in the exploratory phase of her campaign, she has repeatedly said she's running for president.

Throughout Gillibrand's last run for Senate, 32 percent of her donations came from voters who wrote checks for less than $200, data from the nonpartisan Center for Responsive Politics show. She raised just over 59 percent through larger contributions. Employees at Pfizer gave a total $75,345 to Gillibrand's campaign last year, and the company PAC gave $5,000.

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Her alliance with Susman could benefit Gillibrand as she tries to appeal to the LGBTQ community. Susman is an openly gay executive and a member of Out Leadership, a business networking organization for up-and-coming LGBTQ corporate leaders.

Susman also comes from a family of powerful Democratic financiers, potentially giving Gillibrand exclusive access to a wide network of donors she will need in what will likely be an expensive primary.

Her father, Louis Susman, was ambassador to the Court of St. James's under Obama. Prior to his role in the administration he was a senior advisor to Obama and the national finance chairman for John Kerry's 2004 campaign for president. Louis Susman reportedly helped raise $244 million for Kerry's presidential bid.