Douglas J. Mc Carron - Early Life and Career

Early Life and Career

McCarron was born in 1951 in Chatsworth, California. His father was a meat cutter in a supermarket. While still in high school, he married and had a daughter. Dropping out of high school his senior year, he took a job as a construction worker, hanging drywall. He quickly joined the carpenters' union.

In 1980, McCarron was elected president of his local union. He was named to the negotiating team of the Southern California Council of Carpenters, a regional body covering contractors and other employers in 11 counties. During this time, he came to the attention of leaders with the national carpenters union.

In late 1984, McCarron was named a trustee of the Southern California Pension Fund, the carpenters' union retirement fund. In late 1985 and early 1986, McCarron discovered that $130 million in loans to construction companies were delinquent but no action had been taken by the other trustees. Working with Ron Tutor, a construction company owner and co-chairman of the fund's board of trustees, McCarron and others filed a federal civil suit alleging that the pension fund trustees had made sweetheart loans to employer trustees, masking the loans as investments. Several of the construction projects had failed, with the fund suffering significant losses. The suit was settled out of court 1989 when insurance companies representing the trustees and construction companies paid the fund $30 million. Under the terms of the settlement, all the defendants agreed to immediately and permanently resign from the pension fund's board.

McCarron's relationship with Tutor was not without controversy. In 1993, the carpenters' pension fund made a large investment in a company which held televised boxing matches at a Palm Springs, California, hotel owned by the fund, and a $40 million investment in a company that supplied nearly all the concrete for one of Tutor's construction companies. The value of the latter investment declined by 31 percent, leading union members to call for a federal investigation.