|Michael J. Murphy
Washington State Treasurer
Michael J. Murphy, 59, is the 21st Treasurer of the State of Washington. He was elected in 1996 and took office on Jan. 15, 1997. He was re-elected in 2000 and again in 2004.
Mike is a Seattle native and the eldest son of a family of 11 children. He graduated from Seattle University in 1969 with a B.A. in history. After a tour of duty in the military, Mike was hired by the Office of the State Treasurer in 1972. In his first 15 years at the state treasurers office, Mike held jobs including administrator of the Public Deposit Protection Commission and internal auditor.
While working full-time and attending college at night, Mike earned his M.B.A. from Pacific Lutheran University.
Mike was appointed treasurer of Thurston County, the state's eighth largest county, in spring 1987. He won election to the position in fall 1987 and was re-elected in 1990 and 1994.
As State Treasurer, Mike is responsible for investments of more than $9.7 billion in the treasury portfolio, including $5.6 billion in the Local Government Investment Pool.
The State Treasurer is chair of the State Finance Committee, which oversees management of the state's outstanding debt. The State Treasurer is one of 10 voting members of the State Investment Board, which manages more than $70.6 billion in investments.
Mike is past president of the Western State Treasurers Association.
Mike is married to Teri Smith Murphy, who retired in 2001 after 30 years as a teacher in the Olympia School District. Mike and Teri live in Olympia on their sailboat.