Richard H. Moore
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| Richard Moore | |
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| Incumbent | |
| Assumed office January 6, 2001 |
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| Governor | Mike Easley |
| Preceded by | Harlan E. Boyles |
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| Born | August 30, 1960 Oxford, Granville County, North Carolina |
| Political party | Democratic Party |
| Spouse | Noel Moore |
| Profession | Attorney / Farmer |
Richard Hancock Moore (born Oxford, Granville County, North Carolina, August 30, 1960[1]) is the current North Carolina State Treasurer, first elected to that post in 2000 and re-elected in 2004.
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[edit] Career
Moore earned both his undergraduate and law degrees from Wake Forest University, and a graduate diploma in accounting and finance from the London School of Economics.[2]
A former assistant U.S. Attorney, Moore previously served in North Carolina government as a member of the North Carolina House of Representatives and as head of the North Carolina Department of Crime Control and Public Safety under former Governor Jim Hunt, before being elected state treasurer in 2000. As Secretary of Crime Control & Public Safety, Moore managed the state response to and recovery from several natural disasters, particularly Hurricane Floyd. He is the co-author of a book, Faces from the Flood: Hurricane Floyd Remembered.
As Treasurer, Moore championed a national movement to protect shareholder rights against Wall Street corporate abuses. He authored investment and mutual fund protection principles which have been adopted by pension fund managers across the country. His efforts led to his appointment on the executive board of the New York Stock Exchange as the only public sector member, and he was recently named the country's Top Public Official of the Year by Governing Magazine.
A Democrat, Moore won re-election against Republican challenger Ed Meyer in the 2004 Council of State elections.
Moore officially announced his 2008 campaign for Governor of North Carolina on May 22, 2007.[3] He lost the Democratic primary to Lt. Gov. Beverly Perdue on May 6, 2008.[4]
Moore endorsed Barack Obama for the Democratic nomination for President in February 2008. [5]
[edit] Controversy
In March of 2007 Forbes reported that Moore, who as North Carolina state treasurer controls the state's $73 billion retirement fund, has invested billions of dollars of the state's pension plan in funds whose managers have made large contributions to his gubernatorial campaign. Many of these funds have performed well below the S&P 500 index. Although this "pay-to-play" practice is not illegal, Forbes refers to Moore's activities as "particularly galling, for this man has built his career crusading against conflicts of interest on Wall Street." Moore also has been accused of failing to provide the state legislature with a state-mandated annual report detailing his fund managers' investment results during his six years as state treasurer.[6]
[edit] Personal life
According to his resume,[7] Moore and his wife, Noel, have three children: Will (the eldest), Charles, and Mary.[8] According to his profile at Raleigh's News and Observer [9] Moore is a grandson of former U.S. Rep. Franklin Wills Hancock, Jr.
[edit] References
- ^ Birthplace and birthdate confirmation: HTML cached version of a PDF file at the National Association of State Auditors, Comptrollers and Treasurers website.
- ^ Diploma from the London School of Economics: article at the Winston-Salem Journal website.
- ^ Announcement of North Carolina gubernatorial election campaign, 2008: The News & Observer website.
- ^ News & Observer: Perdue nominated after high-road pitch
- ^ News & Observer Blog: Moore Endorses Obama
- ^ Pensions, Pols, Payola, Forbes, March 12, 2007
- ^ His resume: PDF file at The News & Observer website.
- ^ Family details: PDF file at the North Carolina Department of the State Treasurer website.
- ^ Richard Moore | newsobserver.com projects
[edit] External links
- Moore Campaign site
- Official Site - North Carolina Department of State Treasurer
- Project Vote Smart - Richard H. Moore (NC) profile
- North Carolina Democratic Party
- Follow the Money - Richard H. Moore 2004 campaign contributions
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