Young Boozer

Young Boozer
Boozer in 2023
39th and 41st Treasurer of Alabama
Incumbent
Assumed office October 1, 2021
Governor	Kay Ivey
Preceded by	John McMillan
In office January 17, 2011 – January 14, 2019
Governor	Robert J. Bentley Kay Ivey
Preceded by	Kay Ivey
Succeeded by	John McMillan
Personal details
Born	Young Jacob Boozer III (1948-11-23) November 23, 1948 Birmingham, Alabama, U.S.
Political party	Republican
Education	Stanford University (BA) University of Pennsylvania (MBA)

Young Jacob Boozer III (born November 23, 1948) is an American politician who was the 39th State Treasurer of Alabama from 2011 to 2019 and is the 41st Treasurer, having been re-elected to a third term on November 8, 2022. He was elected to his first four-year term in 2010 and was unopposed and reelected to a second term in 2014.

Boozer is a member of the National Association of State Treasurers (NAST) currently serving as Chair of the Banking and Cash Management Committee. He also serves on the Governance Committee of NAST affiliate, CSPN (College Savings Plans Network). In 2019 Boozer received the Lucille Maurer Award given to a former treasurer for outstanding service to NAST.

Early life

Boozer was born in Birmingham and raised in Tuscaloosa. He became an Eagle Scout in 1962. He earned a bachelor's degree in economics in 1971 from Stanford University and a master's degree in finance from the Wharton School at the University of Pennsylvania in 1973.

Boozer was named after his father, who first made the name Young Boozer famous as a football star for the University of Alabama. Young Jacob Boozer, Jr. is a member of the Alabama Sports Hall of Fame and the Alabama Business Hall of Fame. His father was named after his father, the mayor of Samson, Alabama from 1916 to 1919.

Career

Prior to serving in public office, Boozer spent 35 years in banking, finance and investments which took him from Citibank in New York and Crocker National Bank in Los Angeles, to Coral Petroleum in Houston and Colonial Bank in Montgomery. From 2003 to 2017, Boozer was an owner in the Montgomery Biscuits minor league baseball affiliate of the Tampa Bay Rays.

After retiring from banking in 2007, Boozer became Deputy State Finance Director for Alabama Governor Bob Riley. Boozer left the Riley administration in early 2010 to run for State Treasurer in his first race for elected office.

In 2002, Boozer was recognized with the Distinguished Eagle Scout Award by the Boy Scouts of America.

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Treasurer of Alabama

After completing his second consecutive term as Treasurer in 2019 Boozer was Assistant Superintendent of the Alabama State Banking Department and a member of Governor Ivey's Study Group on Gambling Policy. On October 1, 2021, Governor Kay Ivey appointed Boozer as State Treasurer to complete the remaining term of John McMillan who resigned to serve as the executive director of the Alabama Medical Cannabis Commission.

Electoral history

Alabama Treasurer Republican Primary Election, 2010
Party	Candidate	Votes	%
Republican	Young Boozer	305,467	64.76
Republican	George Wallace, Jr.	166,206	35.23

Alabama Treasurer Election, 2010
Party	Candidate	Votes	%
Republican	Young Boozer	875,965	60.04
Democratic	Charley Grimsley	581,930	39.89
Write-ins	Write-ins	1,030	0.07

Alabama Treasurer Election, 2014
Party	Candidate	Votes	%
Republican	Young Boozer	748,876	98.01
Write-ins	Write-ins	15,224	1.99

Alabama Treasurer Election, 2022
Party	Candidate	Votes	%
Republican	Young Boozer	946,936	83.74
Libertarian	Scott Hammond	175,034	15.48
Write-ins	Write-ins	8,855	0.78