OKLAHOMA CITY –Randy McDaniel has become Oklahoma’s 19th state treasurer. During a ceremony attended by family and friends, McDaniel was administered the oath of office by State Supreme Court Justice James Winchester on Wednesday morning at the State Capitol Building.
McDaniel has 24 years of private sector experience as a successful financial advisor and banker. He also served as chair of the House Banking, Financial Services and Pension Committee during his 12 years of service as a state representative.
He was appointed by Governor Mary Fallin to complete the final weeks of the current four-year term left vacant by the January 1 resignation of State Treasurer Ken Miller, who is starting a new job with OGE Energy Corp.
“Serving Oklahoma is an honor and privilege," said McDaniel. “I want to thank my family and fellow Oklahomans for their support, Treasurer Miller and staff for facilitating a smooth transition, and the governor for the appointment. The core duties of the office will be performed without interruption as we prepare for a strong and prosperous future.”
McDaniel received 72 percent of the vote and carried all 77 counties in the November 6 general election for state treasurer. On January 14, he will be sworn in to the full four-year term to which he was elected during inaugural ceremonies with the governor and other statewide elected officials.
As the state’s top elected financial officer, McDaniel protects and manages the billions of taxpayer dollars deposited each year, safeguards the financial health of the state, promotes responsible fiscal policy, and operates the state’s unclaimed property program.
McDaniel chairs the Oklahoma College Savings Plan Board of Trustees and the Board of Investors for the Tobacco Settlement Endowment Trust. He is a member of the State Board of Equalization, which certifies funds available for the state budget, and the State Pension Commission.
He and his wife, Julie, have two children, Grace and John. They live in Edmond and attend Crossings Community Church.