Connecticut treasurer Shawn Wooden, the sole trustee of the $47 billion Connecticut Retirement Plans and Trust Funds, announced on April 7 that he will not seek re-election as treasurer in the fall, citing personal reasons.
Wooden, who was sworn in as Connecticut’s state treasurer in 2019, also administers a $26 billion debt management program, manages more than $259 billion in annual cash transactions and sits on 25 quasi-governmental authorities, boards and commissions related to housing, finance, student loans, air and water ports, venture capital, the lottery, private sector retirement security and a hosts of other key policy areas.
Prior to serving as treasurer, Wooden had a 21-year career as an investment attorney and public service as city council president of Hartford, Conn.
“During my time as treasurer, we’ve divested from civilian gun manufacturers, restructured the teachers’ pension fund to ensure long-term sustainability, secured major credit
