Ken Duncan (politician)

Ken Duncan
State Treasurer of Louisiana
In office
January 8, 1996  January 10, 2000
Governor Mike Foster
Preceded by Mary Landrieu
Succeeded by John Kennedy
Personal details
Born Kenneth Addison Duncan
(1945-08-23) August 23, 1945
Political party Democratic
Spouse(s) Margie Dumestre Duncan (born 1956)
Children

Ashley A. Duncan
Laura-Lucia Duncan

Kristin Duncan
Residence Baton Rouge, Louisiana
Alma mater

Neville High School
Louisiana State University Louisiana State University Law Center

Georgetown University Law Center

Kenneth Addison Duncan (born August 23, 1945)[1] is an American Democratic lawyer from Baton Rouge, who from 1996 to 2000 served a single term as the elected Louisiana state treasurer. He was unseated in the 1999 primary election by fellow Democrat, later Republican, John Kennedy, now the state's junior U.S. senator.

Biography

Duncan was reared and educated in the public schools of Bossier City but later moved to Monroe, where he graduated in 1963 from Neville High School.[2] Duncan received a Juris Doctorate from Louisiana State University Law Center in Baton Rouge and was admitted to the bar in 1971. He received a Master of Laws in taxation from Georgetown University Law Center in Washington, D.C.[3] Since 1978, he has headed Duncan & Associates in Baton Rouge, a firm of law, business entrepreneurship, and public service.[4]

When he announced for treasurer, Duncan owned Savant Insurance Services. He is a co-founder of the Democratic Leadership Council, an organization originally associated with former U.S. President Bill Clinton. He promised if elected to act as the chief executive officer of the state and to stop fraud in the popular food stamp program.[5]

In his initial election as treasurer to succeed Democrat Mary Landrieu, who ran unsuccessfully for governor of Louisiana in 1995, Duncan with 448,182 votes (34.9 percent) led a four candidate field of two Republicans, Mary Chehardy and Gayle Joseph, and his fellow Democrat Steve Theriot, who ran second with 372,500 votes (29 percent). Chehardy and Joseph finished with 335,463 (26.1 percent) and 128,272 (10 percent), respectively.[6] In the second balloting, called the general election in Louisiana though both candidates were Democrats, Duncan defeated Theriot, a departing state representative from Jefferson Parish, 798,280 (56.7 percent) to 610,964 (43.4 percent).[7]

Duncan is a former chairman, general counsel, and executive director of the National Association of Democratic State Treasurers.[4] In 1999, Duncan announced the establishment of the Louisiana State Investment Task Force composed of officials from the four largest state pension funds, state employees, teachers, other school employees, and Louisiana State Police, all based in Baton Rouge. The task force was charged with studying economically-targeted in-state investments.[8] As treasurer, Duncan was also the chairman of the Louisiana Bond Commission, which reviews and approves all state and local issuances of bonds. Early in his tenure as treasurer, Duncan sought the refunding of as much as $610 million of state general obligation bonds that was expected to save the state $30 million.[9]

John Kennedy, no relations to the Kennedys of Massachusetts, unseated Duncan, 621,796 (55.6 percent) to 497,319 (44.4 percent).[10] Kennedy remains the state treasurer and is expected to be a candidate for a fifth term in the nonpartisan blanket primary set for October 24, 2015.

Duncan was a delegate to both the 1996 and the 2000 Democratic National Conventions, which confirmed the Clinton-Gore and Gore-Lieberman tickets.[11] He is a co-founder and member of the Louisiana Democratic Leadership Council.[3]

Duncan and his wife, the former Margie Dumestie, have three daughters, Ashley, Laura-Lucia, and Kristin. He is Episcopalian.[3]

References

  1. "Kenneth Duncan, August 1945". Louisiana Secretary of State. Retrieved July 5, 2015.
  2. "Ken Duncan". classmates.com. Retrieved July 5, 2015.
  3. 1 2 3 "Louisiana: Duncan, Ken", Who's Who in American Politics, 2003-2004, 19th ed., Vol. 1 (Alabama-Montana) (Marquis Who's Who: New Providence, New Jersey, 2003), p. 777
  4. 1 2 "Ken Duncan". cubahoy.org. Archived from the original on May 2, 2015. Retrieved July 5, 2015.
  5. "Duncan runs for Louisiana State Treasurer", Minden Press-Herald, October 2, 1995, p. 1
  6. "Election Results". Louisiana Secretary of State. October 21, 1995. Retrieved July 5, 2015.
  7. "Election Results". Louisiana Secretary of State. November 18, 1995. Retrieved July 5, 2015.
  8. "Louisiana Treasurer Ken Duncan will officially announce the formation". Pensions & Investments. February 4, 1999. Retrieved July 5, 2015.
  9. "Ken Duncan". engagingnews.us. Retrieved July 5, 2015.
  10. "Louisiana election returns for state treasurer, October 23, 1999". Louisiana Secretary of State. Retrieved November 13, 2013.
  11. "Ken Duncan". The Political Graveyard. Retrieved July 5, 2015.
Political offices
Preceded by
Mary Landrieu
Treasurer of Louisiana
Kenneth Addison "Ken" Duncan

1996–2000
Succeeded by
John Kennedy
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