By the OC Politics Blog
State Treasurer Bill Lockyer has joined the Orange County office of an international law firm, where he’ll practice law part time until his term in office ends in January 2015, according to Josh Richman at the San Jose Mercury News.
Lockyer, a 72-year-old Democrat who’s paid $139,189, will split time in his final year in office between his state responsibilities and offering strategic advice and counsel to clients of Brown Rudnick LLP at its office in Irvine, south of Los Angeles, the firm said yesterday in a statement. Terms of his employment weren’t disclosed, according to Bloomberg Businessweek.
Lockyer has held elective office at the state and local level for more than 40 years. He has served as State Treasurer since 2007, and his broad responsibilities include acting as the state’s lead asset manager, banker and financier. He plays a key leadership role in financing various public works, and manages the state’s multi-billion dollar Pooled Money Investment Account. Lockyer serves on numerous commissions and boards, including the California Public Employees’ Retirement System (CalPERS). Prior to his election as Treasurer, he served as California’s Attorney General, and was a member of the California Legislature for 25 years. He capped his legislative career with his election as leader of the California State Senate from 1994 to 1998. Among his many impressive credentials, Lockyer served as the elected President of the National Association of Attorneys General, according to Yahoo Finance News.