Meacham decides against another term
October 30th, 2009
State Treasurer Scott Meacham has decided not to run for a second full term as the state’s top financial officer. Following is an excerpt from the press release issued on Friday, October 30 by the State Treasurer’s Office.
OKLAHOMA CITY – State Treasurer Scott Meacham today announced he will not
seek another term as State Treasurer following the expiration of his current term in January of
2011. He also announced that he will not seek any other elective office.
“There has certainly been a lot of speculation on my future political plans over the last
several months,” Meacham said. “I appreciate the patience shown by the media, my supporters
and others as my family has gone through a difficult time with the passing of my wife’s sister
from cancer.
“I am completing an eight-year commitment to public service and elected politics,” said
Meacham. “Although I very much enjoy public service and the job of being an elected public
official, I find I do not enjoy partisan politics and the process of continuously running for office.
The toll on my responsibilities to my family and just missing out on so many moments in my
children’s lives is too great.
“I have accomplished everything I set out to do in the Treasurer’s office thanks to a great
and dedicated staff that has worked hard to implement my vision for the office since my first
taking the post in June of 2005. We have dramatically increased earnings on the state’s
investments, cut costs for state financial services, reduced staffing levels and overhead in the
Treasurer’s Office, greatly increased payouts from the state’s unclaimed property fund and
substantially expanded the number of families taking advantage of the Oklahoma College
Savings Plan.
“I appreciate the many Oklahomans from both political parties who have encouraged me
to look at the Governor’s race or the Attorney General’s race. Although it would be a great honor
to serve the citizens of this state in either of those positions, I do not feel that is the best path for me or my family at this time.
“I have not yet even considered what I might do next in my career, although I certainly
have accumulated an interesting resume as a banker, attorney, state agency head and elected
statewide office holder,” said Meacham. “I believe the Lord leads us according to His will
through doors opening and closing along life’s path and while the elected office holder door is
closing, I am sure some other door will open.”
Meacham was named by Governor Brad Henry to serve as Oklahoma’s 17th State Treasurer and began serving in that position on June 1, 2005, serving out the remaining unexpired term of Robert Butkin. Prior to being named State Treasurer, Meacham had been the State Finance Director since January of 2003. Before answering Governor Henry’s call to serve as State Finance Director, Meacham was the Chief Executive Officer and General Counsel of the First National Bank and Trust of Elk City, Oklahoma. Meacham was elected to a full, four-year term as State Treasurer in 2006, garnering 59 percent of the vote in his first run for public office.




