Governor of Arizona
Doug Ducey was elected as the 23rd Governor of Arizona on November 4, 2014, winning 53.59% of the vote. Doug came to Arizona in 1982 to attend Arizona State University where he graduated with his Bachelor of Science in Finance in 1986. He worked his way through college at Hensley & Co., the local Anheuser-Busch distributorship. After a stint at Procter & Gamble, Doug helped launch Cold Stone Creamery on its path to success. When he and his business partner sold the company in 2007, Cold Stone had grown from a local scoop shop in Tempe to over 1,440 locations, and it now operates in 31 countries around the world. Like many citizens, in 2008 and 2009 Doug was alarmed at the state of the economy and the massive spending and debt that government was incurring. Instead of sitting on the sidelines he decided to seek public office in an effort to make a positive difference. He won a competitive Republican primary and was elected on November 2, 2010. He took office January 3, 2011 as Arizona’s 32nd State Treasurer. As Arizona’s Chief Banker and Investment Officer, Treasurer Ducey oversees more than $12 billion in state assets and serves as an investment manager for local governments. Within the first 60 days in office Doug initiated portfolio changes within the Permanent Land Endowment Trust Fund, of which K-12 education is the largest beneficiary. The Fund has since eclipsed the $4 billion threshold for the first time in state history, and the unrealized gains for the Endowment are also at an all-time high of more than $1.2 billion.