New Mexico State Treasurer
|State Treasurer of New Mexico|
|Term length||Four years|
|First holder||Owen N. Marron|
|Website||State Treasurer of New Mexico|
|This article is part of a series on the
politics and government of
The State Treasurer of New Mexico is an elected constitutional officer in the executive branch serving as the Chief Elected Financial Officer of the state. The State Treasurer is elected to a four-year term and is able to serve up to two consecutive terms; more terms may be served after one full term has intervened.
List of State Treasurers
- Since the first state election was in an odd-numbered year (1911), the term lasted five years.
- Resigned on February 11, 1922.
- Appointed by Governor Mechem on May 31, 1922.
- Tenure in office ended in early 1923.
- Appointed by Governor Hinkle on May 7, 1923.
- Died on January 2, 1933.
- Appointed by Governor Seligman on January 7, 1933.
- Resigned on December 19, 1967.
- Appointed by Governor Cargo in January 1968.
- Resigned in December 1985.
- Appointed by Governor Anaya on December 12, 1985. First African-American elected to a New Mexico state executive office.
- Resigned on October 26, 2005.
- Appointed by Governor Richardson on November 7, 2005.
- Took office on December 15, 2006.
History of corruption
The office of New Mexico State Treasurer has experienced multiple charges of corruption in recent decades.
In 1985, Treasurer Earl Hartley pleaded guilty to malfeasance in office related to the diversion of funds from a treasurer's conference to his personal account. His Deputy Treasurer, Ken Johnson, was also arrested in December 1984 and pleaded guilty in 1985 to extortion. He resigned from the office in 1985 and was succeeded by James B. Lewis, who was appointed by Governor Toney Anaya.
Treasurer David King testified against a State Treasurer division manager, Joseph O. Garcia, who was charged with bribery of a public official after offering King a bribe for investment activities.
In 2006, Treasurer Robert E. Vigil was convicted of one count of attempted extortion and was acquitted of 23 counts of extortion and racketeering with regard to the investment of State Funds and served time in Federal prison. Robert E. Vigil was a protege of Michael Montoya. Robert Vigil resigned in December 2005 and was succeeded by Doug Brown, who was appointed by Governor Bill Richardson.
- State of New Mexico (July 2012). Kathryn A. Flynn, ed. 2012 Centennial Blue Book (PDF). Diana J. Duran. Office of the New Mexico Secretary of State. pp. 230–231.
- Colleen Heild (October 30, 2005). "Treasurer's Office has a Corrupt Past". Retrieved September 23, 2015.
- "Officials behaving badly: A look back at the misdeeds of New Mexico public officials". December 15, 2015. Retrieved December 15, 2015.
- "Despite denying extortion charge, State Treasurer Resigns in NM". October 27, 2005. Retrieved September 23, 2015.