Michael Machado

{{Infobox officeholder

|name = Michael Machdo

|image = Michael Machado, 2006.jpg

|caption = Machado in 2006

|birth_date = {{birth date and age|1948|3|12}}

|birth_place = Stockton, California

|death_date =

|death_place =

|state_senate = California

|district = 5th

|term = December 4, 2000 – November 30, 2008

|preceded = Patrick Johnson

|succeeded = Lois Wolk

|state_assembly1= California

|district1= 17th

|term1 = December 5, 1994 – November 30, 2000

|preceded1= Dean Andal

|succeeded1= Barbara S. Matthews

|party= Democratic

|spouse= Diana

|children= 3

|education= Stanford University
University of California, Davis
Harvard Business School

|branch = {{flag|United States Navy}}

|battles= Vietnam War

}}

Michael J. Machado (born March 12, 1948) is a Democratic politician from Linden, California. He served from 2000 to 2008 in the California State Senate. Machado represented the 5th District,{{cite web|title=Senator Michael J. Machado, Retired|url=http://www.sacramentoadvocates.com/Machado.html|work=Sacramento Advocates|accessdate=30 October 2010|archive-url=https://web.archive.org/web/20100919162426/http://www.sacramentoadvocates.com/Machado.html|archive-date=19 September 2010|url-status=dead}} which includes the cities of Tracy, Manteca and Stockton in San Joaquin County; Suisun City, Fairfield, Dixon and Vacaville in Solano County; Davis, West Sacramento, Winters and Woodland in Yolo County; as well as Walnut Grove and a portion of Elk Grove in Sacramento County.

Background

Machado was born to William John Machado and Grace Fenley Machado, and had two siblings. His paternal grandparents immigrated to California from the Azores.{{Cite web|last=|first=|date=May 13, 2015|title=William John Machado|url=https://www.recordnet.com/article/20150513/OBITUARIES/305139994|access-date=2020-09-07|website=recordnet.com|language=en}}

Machado graduated with a degree in Economics from Stanford University, earned his master's degree in agricultural economics from the University of California, Davis, and in 1988 attended the Harvard Business School Agribusiness Seminar. Machado served in the United States Navy during the Vietnam War. Prior to entering the State Legislature, he served on the board of a major California food processor and worked for the Agency for International Development in Eastern Europe and Russia assisting farmers with the transition from a closed to an open market economy.

Machado owns and operates a family farm in Linden. He and his wife Diana have three children: Erahm, Melissa and Christopher (deceased).{{Cite web|title=Ca - Officials|url=http://www.allgov.com/usa/ca/officials/california_machado_michael?officialid=185|access-date=September 7, 2020|website=AllGov California}}{{Cite web|last=Adamek|first=Tamma|date=August 20, 1998|title=Linden mourns loss of Christopher Machado|url=https://www.recordnet.com/article/19980820/A_NEWS/308209996|access-date=2020-09-07|website=recordnet.com|language=en}}

California State Assembly

Machado represented the California State Assembly's 17th District from 1994 to 2000. He distinguished himself as a pragmatic legislator who supports education reform, "balanced" environmental regulations and tax relief for all Californians. Since his election in 1994, Machado has authored legislation protecting school children from perpetrators by creating safety zones around schools, establishing drug rehabilitation programs in county jails, and providing a moratorium on gun shows illegally selling weapons. During the last legislative session, he was instrumental in crafting legislation designed to stop the unfair practice of "predatory lending."

Machado was the subject of a recall effort by the state GOP in the summer of 1995, which failed.{{Cite web|last=Spivak|first=Joshuadate=2017-08-28|title=Op-Ed: The GOP is attempting a recall power grab in California|url=https://www.latimes.com/opinion/op-ed/la-oe-spivak-california-recall-20170828-story.html|access-date=2020-09-07|website=Los Angeles Times| date=28 August 2017 |language=en-US}}{{Cite web|last=Vassar|first=Alex|date=November 1, 2017|title=Where are they now? Mike Machado|url=https://capitolweekly.net/now-mike-machado/|access-date=2020-09-07|website=Capitol Weekly|language=en-US}}

California State Senate

Machado chaired the Senate Banking Committee{{Cite web|last=Yi|first=Matthew|date=May 23, 2007|title=California slow to curb subprime home lenders / Industry contributes millions to politicians of both parties|url=https://www.sfgate.com/realestate/article/California-slow-to-curb-subprime-home-lenders-2559187.php|access-date=2020-09-07|website=SFGate|language=en-US}} and the Sub-Committee on Delta Resources. He also served on the Senate Committees on Budget and Fiscal Review, Local Government, Natural Resources and Water, and Transportation and Housing. Additionally, he was a member of the Select Committees on the California Correctional System. Two of Machado's most notable accomplishments were Proposition 13 (Safe Drinking Water, Clean Water, Watershed Protection, and Flood Protection Bond Act) which Machado authored, and the passage of Proposition 50, the Water Security, Clean Drinking Water, Coastal and Beach Protection Act of 2002.

Machado was supported by Handgun Control, the California League of Conservation Voters, California Nurses' Association, California Teachers Association, Building and Construction Trades, and many other labor groups. Machado also received the support of the California Abortion and Reproductive Rights Action League (CARAL) and Planned Parenthood.

Later endeavors

Machado was appointed to the State Fund's board of directors in 2009.{{Cite web|title=Board of Directors|url=https://content.statefundca.com/about/BODBioMachado.asp|access-date=2020-09-07|website=content.statefundca.com}} In 2010, Machado was named the Director of the Delta Protection Commission.{{cite web|url=https://www.acwa.com/news/delta/machado-named-new-director-delta-protection-commission|title=Machado Named New Director of Delta Protection Commission|first=Lisa|last=Lien-Mager|date=September 7, 2010|website=Association of California Water Agencies|url-status=dead|archive-url=https://web.archive.org/web/20101224085930/https://www.acwa.com/news/delta/machado-named-new-director-delta-protection-commission|archive-date=December 24, 2010}}

Machado has served on the board of directors of PICO Holdings, Inc. since 2013. Since that time, the company's stock price has fallen by over 65% from over $25 to under $9 per share.{{cite web|title=Michael J. Machado: Executive Profile & Biography - Businessweek|url=https://www.bloomberg.com/research/stocks/people/person.asp?personId=233645113&privcapId=362926|work=Bloomberg|accessdate=20 May 2016|archive-date=14 December 2019|archive-url=https://web.archive.org/web/20191214110645/https://www.bloomberg.com/research/stocks/people/person.asp?personId=233645113&privcapId=362926|url-status=dead}}{{cite web|title=The Long Decline - Reform Pico Now|url=http://www.reformpiconow.com/pico-holdings-stock-price/|work=Reform Pico Now|accessdate=20 May 2016|archive-url=https://web.archive.org/web/20170606041405/http://www.reformpiconow.com/pico-holdings-stock-price/|archive-date=6 June 2017|url-status=dead}} Machado was criticized by shareholders for approving an executive compensation plan that is widely perceived as excessive.{{cite web|title=John "The Juicer" Hart Compensation Plan Betrays PICO Shareholders – Part I|url=http://www.reformpiconow.com/2016/03/30/hart-comp/|work=Reform Pico Now|accessdate=24 May 2016|url-status=dead|archive-url=https://web.archive.org/web/20170606034216/http://www.reformpiconow.com/2016/03/30/hart-comp/|archive-date=June 6, 2017}}