File Photo of Nancy Kopp, Governor Larry Hogan, and Comptroller Peter Franchot.

ANNAPOLIS, Md. — After nearly 20 years of service to the state of Maryland, State Treasurer Nancy Kopp has announced her retirement.

She was first elected to the position in 2002, and re-elected in 2003, 2007, 2011, 2015, and 2019. Before that, Kopp was known for her 27 years in the Maryland House of Delegates.

“It is difficult to imagine chairing a Board of Public Works meeting without Nancy Kopp,” Governor Larry Hogan said in a statement. “With the second-longest tenure of any treasurer in state history, Nancy will leave an incredible legacy of strong financial stewardship, which has helped assure our coveted AAA bond rating year after year. We have enjoyed a very cordial relationship, and I have always admired her commitment to the people of Maryland.”

In addition to Hogan making a statement, Comptroller Franchot who also sits on the Maryland Board of Public Works commented on her retirement.

“Nancy and I served together in the legislature for 16 years, and over the past 15 years, we’ve worked together as the fiscal stewards of our state. With her announcement today, her historic 46 years of public service will soon come to an end,” Franchot said. “She has earned her rightful place in history as one of our state’s most pre-eminent public servants.”

Kopp was the second woman ever to serve as State Treasurer, and the only woman currently serving the state in a Constitutional office.

“On behalf of all Marylanders, I want to express my profound gratitude to Nancy Kopp for her decades of distinguished service and wish her well in retirement,” Hogan said.

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