New Mexico State Treasurer

State Treasurer of New Mexico

Incumbent
Tim Eichenberg
since January 1, 2015
Term length Four years
Formation 1912
First holder Owen N. Marron
Website State Treasurer of New Mexico
New Mexico
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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.[1] 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.

Currently, Tim Eichenberg is serving as the State Treasurer. He took office on January 1, 2015 after being elected on November 4, 2014.

List of State Treasurers

# Name Took Office Left Office Party Years in Office
1 Owen N. Marron 1912 1916 Democrat 5 [note 1]
2 H. L. Hall 1917 1918 Democrat 2
3 Charles U. Strong 1919 1922 Republican <4 [note 2]
4 O. A. Matson 1922 1922 Republican <1 [note 3]
5 John W. Corbin 1923 1923 Democrat <1 [note 4]
6 Warren R. Graham, Sr. 1923 1928 Democrat <6 [note 5]
7 Emerson Watts 1929 1930 Republican 2
8 Warren R. Graham, Sr. 1931 1933 Democrat 2 [note 6]
9 Clinton P. Anderson 1933 1934 Democrat 2 [note 7]
10 James J. Connelly 1935 1938 Democrat 4
11 Rex French 1939 1942 Democrat 4
12 Guy Shepard 1943 1946 Democrat 4
13 H. R. Rodgers 1947 1950 Democrat 4
14 R. H. Grissom 1951 1954 Democrat 4
15 Joseph B. Grant 1955 1958 Democrat 4
16 Joe Callaway 1959 1962 Democrat 4
17 Joseph B. Grant 1963 1966 Democrat 4
18 H. E. Thomas, Jr. 1967 1967 Republican <1 [note 8]
19 Merrill B. Johns, Jr. 1968 1968 Republican <1 [note 9]
20 Jesse D. Kornegay 1969 1974 Democrat 6
21 Edward M. Murphy 1975 1978 Democrat 4
22 Jan Alan Hartkey 1979 1982 Democrat 4
23 Earl E. Hartley 1983 1985 Democrat <3 [note 10]
24 James B. Lewis 1986 1990 Democrat <5 [note 11]
25 David W. King 1991 1994 Democrat 4
26 Michael A. Montoya 1995 2002 Democrat 8
27 Robert E. Vigil 2003 2005 Democrat <3 [note 12]
28 Douglas M. Brown 2005 2006 Republican 1 [note 13]
29 James B. Lewis 2006 2014 Democrat >8 [note 14]
30 Tim Eichenberg 2015 Incumbent Democrat
Source:[1]

Notes

  1. ↑ Since the first state election was in an odd-numbered year (1911), the term lasted five years.
  2. ↑ Resigned on February 11, 1922.
  3. ↑ Appointed by Governor Mechem on May 31, 1922.
  4. ↑ Tenure in office ended in early 1923.
  5. ↑ Appointed by Governor Hinkle on May 7, 1923.
  6. ↑ Died on January 2, 1933.
  7. ↑ Appointed by Governor Seligman on January 7, 1933.
  8. ↑ Resigned on December 19, 1967.
  9. ↑ Appointed by Governor Cargo in January 1968.
  10. ↑ Resigned in December 1985.
  11. ↑ Appointed by Governor Anaya on December 12, 1985. First African-American elected to a New Mexico state executive office.
  12. ↑ Resigned on October 26, 2005.
  13. ↑ Appointed by Governor Richardson on November 7, 2005.
  14. ↑ 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.[2]

In 1975, Treasurer Jesse D. Kornegay pleaded guilty to perjury charges and served time in federal prison.[3]

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,[3] 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 2005, Treasurer Michael Montoya pleaded guilty to federal charge of extortion, and in 2007 he pleaded guilty to a state charge of racketeering. A Democrat, he served four years in prison.[3]

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.[3] Robert E. Vigil was a protege of Michael Montoya. Robert Vigil resigned in December 2005[4] and was succeeded by Doug Brown, who was appointed by Governor Bill Richardson.

References

  1. 1 2 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.
  2. ↑ Colleen Heild (October 30, 2005). "Treasurer's Office has a Corrupt Past". Retrieved September 23, 2015.
  3. 1 2 3 4 "Officials behaving badly: A look back at the misdeeds of New Mexico public officials". December 15, 2015. Retrieved December 15, 2015.
  4. ↑ "Despite denying extortion charge, State Treasurer Resigns in NM". October 27, 2005. Retrieved September 23, 2015.
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