David Damschen has announced his candidacy for Utah State Treasurer. Damschen has been employed as Chief Deputy State Treasurer for the last seven years.
Damschen is the third candidate to enter the race to replace current Utah State Treasurer, Richard Ellis, who stepped down, effective November 1, to take a position with the state’s non-profit college savings program. Neil Walter, a financial analyst and former candidate for Congress from St. George, and Phil Conder, a deputy in the Salt Lake County Treasurer’s office have announced their campaigns for state treasurer previously.
Damschen made the announcement in an email to members of the Utah Republican Party State Central Committee. The GOP’s State Central Committee will meet on Saturday, Nov. 21st to select three names to forward to Governor Gary Herbert for appointment to complete Ellis’ term.
In his announcement, Damschen took credit for working with Utah State Treasurer Richard Ellis to “strategically maneuver the State’s Treasury operation through the most significant financial crisis since the Great Depression, carefully protecting public investments and working with the Governor and Legislature to maintain the State’s coveted AAA Bond Rating.”
Prior to joining the Treasurer’s Office, Damschen worked in corporate treasury management and institutional trust and custody.
Learn more about Damschen on his Facebook page.