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Jon Huntsman Jr. named to adviser post at his family firm

Jon M. Huntsman Jr., former Utah governor and former U.S. Ambassador to China, will receive $27,500 a month plus expenses to "provide strategic advice on political, economic and business matters, particularly in connection with markets and opportunities in Asia" through December 2013 at Huntsman Corp., the business blog Footnoted.com reported. Huntsman was a Republican candidate for president until January 2012.

Huntsman's father, Jon Huntsman Sr., is the company chairman; his brother Peter Huntsman is CEO.

Jon Huntsman Jr. is also a member of Huntsman Corp.'s board; he was appointed as a director on Feb. 1, 2012. Huntsman Corp. board members are paid $120,000 a year, the Footnoted.com report said.

Also in February, Huntsman was named a director at Ford Motor Co.; in April, he became a board member at Caterpillar, the blog reported. Both companies seek to increase sales in China, the blog post said. (Source: Footnoted.com, Aug. 8, 2012.)



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