Richard H. Moore
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Richard Hancock Moore (born
Oxford Oxford () is a City status in the United Kingdom, cathedral city and non-metropolitan district in Oxfordshire, England, of which it is the county town. The city is home to the University of Oxford, the List of oldest universities in continuou ...
,
Granville County, North Carolina Granville County is a county located on the northern border of the U.S. state of North Carolina. As of the 2020 census, the population was 60,992. Its county seat is Oxford. The county has access to Kerr Lake and Falls Lake and is part of t ...
, August 30, 1960) was the
North Carolina State Treasurer The North Carolina State Treasurer is a statewide elected office in the United States, U.S. state of North Carolina responsible for overseeing the financial operations of state government. The current state treasurer is Brad Briner. The office o ...
from 2001–2009. He was first elected to that post in
2000 2000 was designated as the International Year for the Culture of Peace and the World Mathematics, Mathematical Year. Popular culture holds the year 2000 as the first year of the 21st century and the 3rd millennium, because of a tende ...
and re-elected in
2004 2004 was designated as an International Year of Rice by the United Nations, and the International Year to Commemorate the Struggle Against Slavery and Its Abolition (by UNESCO). Events January * January 3 – Flash Airlines Flight 60 ...
.


Career

Moore earned both his undergraduate and law degrees from
Wake Forest University Wake Forest University (WFU) is a private research university in Winston-Salem, North Carolina, United States. Founded in 1834, the university received its name from its original location in Wake Forest, north of Raleigh, North Carolina. The R ...
and a graduate diploma in accounting and finance from the
London School of Economics The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution of the University of London. The school specialises in the social sciences. Founded ...
. A former assistant U.S. Attorney, Moore previously served in
North Carolina North Carolina ( ) is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. It is bordered by Virginia to the north, the Atlantic Ocean to the east, South Carolina to the south, Georgia (U.S. stat ...
government as a member of the North Carolina House of Representatives and as head of the North Carolina Department of Crime Control and Public Safety under former Governor Jim Hunt, before being elected state treasurer in 2000. In 1994, he ran for
United States House of Representatives The United States House of Representatives is a chamber of the Bicameralism, bicameral United States Congress; it is the lower house, with the U.S. Senate being the upper house. Together, the House and Senate have the authority under Artic ...
but lost in that year's Republican wave to David Funderburk. As Secretary of Crime Control & Public Safety, Moore managed the state response to and recovery from several natural disasters, particularly Hurricane Floyd. He is the co-author of a book, ''Faces from the Flood: Hurricane Floyd Remembered''. As Treasurer, Moore championed a national movement to protect shareholder rights against Wall Street corporate abuses. He authored investment and mutual fund protection principles which have been adopted by pension fund managers across the country. His efforts led to his appointment on the executive board of the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
as the only public sector member, and he has served on the board of NYSE Regulation since its inception in 2005. He was also named the country's Top Public Official of the Year in 2004 by Governing Magazine, and profiled by U.S. News & World Report (June 7, 2004). In 2005, Moore was named as a finalist for Institutional Investor's Excellence in Investment Management Award. As North Carolina's Treasurer and Chief Investment Officer, Moore managed more than $70 billion in pension funds. The funds were rated either the first or second best funded pension plans in the country by
Standard & Poor's S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is co ...
throughout Moore's tenure. In his final year as Treasurer (2008), the funds outperformed their peer average by more than 900 basis points. Moore ran for
Governor of North Carolina The governor of North Carolina is the head of government of the United States, U.S. state of North Carolina. Seventy-five people have held the office since the first state governor, Richard Caswell, took office in 1777. The governor serves a ...
in 2008. He lost the Democratic primary to Lt. Gov.
Beverly Perdue Beverly Marlene Eaves Perdue (née Moore; January 14, 1947) is an American businesswoman, politician, and member of the Democratic Party who served as the 73rd governor of North Carolina from 2009 to 2013. She was the first female governor o ...
on May 6, 2008. In 2012, Moore said he would consider seeking the Democratic nomination for
governor A governor is an politician, administrative leader and head of a polity or Region#Political regions, political region, in some cases, such as governor-general, governors-general, as the head of a state's official representative. Depending on the ...
again, but he did not ultimately run. After leaving office, Moore was named to the Board of Trustees of
Wake Forest University Wake Forest University (WFU) is a private research university in Winston-Salem, North Carolina, United States. Founded in 1834, the university received its name from its original location in Wake Forest, north of Raleigh, North Carolina. The R ...
, his alma mater. In 2012, Moore became Chief Executive Officer of First Bancorp, a $10.6 billion community bank with more than 100 branches in North and South Carolina. Since taking over, First Bank's market cap has grown from $150 million to $1.33 billion. In 2019, he was named CEO of the Year by Business N.C Magazine.


Personal life

Moore and his wife, Noel, have three children: Will (the eldest), Charles, and Mary. Moore is a grandson of former U.S. Rep. Franklin Wills Hancock, Jr.Richard Moore , newsobserver.com projects
/ref> Eisenhower Fellowships selected Richard Moore as a USA Eisenhower Fellow in 2006.


References


External links


Moore Campaign siteOfficial Site – North Carolina Department of State TreasurerProject Vote Smart – Richard H. Moore (NC) profileNorth Carolina Democratic PartyFollow the Money – Richard H. Moore 2004 campaign contributions
fro
Oral Histories of the American South
, - {{DEFAULTSORT:Moore, Richard H. 1960 births Living people People from Oxford, North Carolina State treasurers of North Carolina State cabinet secretaries of North Carolina Alumni of the London School of Economics Democratic Party members of the North Carolina House of Representatives Wake Forest University alumni American lawyers 20th-century members of the North Carolina General Assembly