Ken Simpler formally announced Nov. 2 that he will seek re-election as Delaware’s state treasurer.

In an event at his campaign headquarters on the Wilmington Riverfront, Simpler spoke about why he ran for the office in 2014, what his team has accomplished during his nearly three years as state treasurer and his ongoing plans for the future of the treasurer’s office.

“We have come a long way in my time at the office of the state treasurer,” said Simpler. “We've gotten out of the trap of day-to-day troubleshooting and focused instead on large-scale, long-term problem solving. From the redesign of the $1 billion supplemental savings program for state employees and teachers to the re-architecting of the state's $1.6 billion investment portfolio, our efforts are producing better outcomes at lower cost over the long haul. That's good finance."

“I believe Delaware can be the best state in the nation in managing our finances and creating value,” said Simpler. “The pieces are in place for a powerful series of reforms that would put Delaware on a sound fiscal footing for the next generation and create incentives for us to measure performance and continuously get better. I will be advocating strongly for those reforms.”

“We look forward to a robust campaign, listening to Delawareans and spreading our message of making Delaware the First State in finance,” said Simpler.