Senegal RPCV Michael Walden-Newman, director of the Wyoming Taxpayers Association, has accepted the position of chief investment officer with the Wyoming State Treasurer's Office



Senegal RPCV Michael Walden-Newman, director of the Wyoming Taxpayers Association, has accepted the position of chief investment officer with the Wyoming State Treasurer's Office

Wyoming treasurer's office names new chief investment officer

Sep 9, 2004

Wyoming Tribune-Eagle
by Ilene Olson

Sep. 9--CHEYENNE, Wyo. -- Michael Walden-Newman, director of the Wyoming Taxpayers Association, has accepted the position of chief investment officer with the Wyoming State Treasurer's Office.

Walden-Newman has worked for the association since 1987 and became the director in 1990. He will transition into the position in mid- to late-October. He replaces former chief investment officer Glenn Shaffer, who retired Aug. 31.

Walden-Newman holds an undergraduate degree from the University of Oregon and a master's degree in public administration from Louisiana State University. Before coming to Wyoming, he lived in Senegal, West Africa, for nearly eight years, first serving as a Peace Corps volunteer and later working with the U.S. Department of State.

A news release from State Treasurer Cynthia Lummis said Walden- Newman has been recognized nationally and statewide for his expertise. That includes serving as president of the National Taxpayers Conference, trustee of the Governmental Research Association, chairman of the Census 2000 Task Force, chairman of the task force that redesigned Wyoming's property tax relief program and member of task force that restructured the Wyoming tax code. He also has served on the U.S. Minerals Management Service's Royalty Policy Advisory Committee and the State Treasurer's Advisory Council.

Walden-Newman said Lummis approached him about the position earlier this month.

"It's a terrific opportunity to work for somebody I admire so much," he said. "It's exciting and important work. I'm tickled to be working with such a talented bunch."

But, he added, "In a way, it's bittersweet. I love my job (with the Taxpayers Association)."

Lummis said Walden-Newman is a talented and dedicated professional who will keep the state's best interests in mind.

"I am absolutely confident that he will succeed at every turn," she said.

The Wyoming State Treasurer's Office invests more than $5 billion of the state's money. In past years, those inv

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