State Treasurer of Vermont
Seal of the State Treasurer of Vermont
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Incumbent
Mike Pieciak
since January 5, 2023
StyleThe Honorable
Term lengthTwo years, no term limit
Inaugural holderIra Allen
1778
FormationConstitution of Vermont
WebsiteState Treasurer's Office

The State Treasurer's Office is responsible for several administrative and service duties, in accordance with Vermont Statutes. These include: investing state funds; issuing state bonds; serving as the central bank for state agencies; managing the state's cash balances, check processing and reconciliation; safeguarding and returning unclaimed or abandoned financial property; and administering three major pension plans for public employees.[1] The Treasurer is fifth (behind the Lieutenant Governor, Speaker of the House of Representatives, President pro tempore of the Senate, and Secretary of State, respectively) in the line of succession to the office of Governor of Vermont.[2][3][4]

The incumbent is Mike Pieciak who assumed in the office in January 2023. He succeeded Beth Pearce, who was appointed to the office in January, 2011 when Jeb Spaulding resigned to become Secretary of Administration in the cabinet of Governor Peter Shumlin, and has been subsequently elected. Pearce had been Spaulding's deputy.[5][6]

List of Vermont State Treasurers (1778–present)

Name Term of Office Political Party
Ira Allen 1778–1786 No party affiliation
Samuel Mattocks 1786–1800 No party affiliation
Benjamin Swan 1800–1833 Federalist, Independent
Augustine Clarke 1833–1837 Anti-Masonic
Allen Wardner 1837–1838 Whig
Henry Fisk Janes 1838–1841 Whig
John Spaulding 1841–1846 Whig
Elisha P. Jewett 1846–1847 Whig
George Howes 1847–1853 Whig
John A. Page 1853–1854 Democratic
Henry M. Bates 1854–1860 Republican
John B. Page 1860–1866 Republican
John A. Page 1866–1882 Republican
William H. Dubois 1882–1890 Republican
Henry F. Field 1890–1898 Republican
John L. Bacon 1898–1906 Republican
Edward H. Deavitt 1906–1915 Republican
Walter F. Scott 1915–1923 Republican
Thomas H. Cave 1923–1943 Republican
Levi R. Kelley 1943–1949 Republican
George H. Amidon 1949–1965 Republican
Peter J. Hincks 1965–1968 Democratic
Madelyn Davidson 1968–1969 Democratic
Frank H. Davis 1969–1975 Republican
Stella B. Hackel 1975–1977 Democratic
Emory A. Hebard 1977–1989 Republican
Paul W. Ruse Jr. 1989–1995 Democratic
James H. Douglas 1995–2003 Republican
George B. "Jeb" Spaulding 2003–2011 Democratic
Beth Pearce 2011–2023 Democratic
Mike Pieciak 2023–present Democratic[7][8][9][10]

Notes

  1. ^ About the Treasurer's Office page Archived 2011-12-04 at the Wayback Machine, Vermont State Treasurer's web site, accessed November 26, 2011
  2. ^ "Constitution of the State of Vermont". Vermont General Assembly. Retrieved August 23, 2019.
  3. ^ "3 V.S.A. § 1 — Vacancy, absence from State". Vermont General Assembly. Retrieved August 23, 2019.
  4. ^ "20 V.S.A. § 183 — Additional successor to office of governor". Vermont General Assembly. Retrieved August 23, 2019.
  5. ^ Press Release, Governor-Elect Shumlin Appoints Beth Pearce as Vermont’s Next State Treasurer Archived 2012-04-26 at the Wayback Machine, by Shumlin for Governor Campaign, December 20, 2010
  6. ^ News story, Deputy Vt. Treasurer to Take Top Job Archived 2012-04-06 at the Wayback Machine, WCAX-TV, December 20, 2010
  7. ^ Early History of Vermont, by LaFayette Wilbur, Volume 3, 1902, page 380
  8. ^ Vermont State Treasurers, Terms of Service Archived 2012-04-15 at the Wayback Machine, published by Office of the Vermont Secretary of State, Archives and Records Administration, accessed November 26, 2011
  9. ^ Duffort, Lola (November 8, 2022). "Mike Pieciak elected Vermont's next treasurer". VTDigger.
  10. ^ Bradley, Pat (January 5, 2023). "Vermont Gov. Phil Scott delivers inaugural address as fourth term begins". WAMC Radio. Albany, NY.
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