New Jersey Gov. Chris Christie named Ford Scudder ’05 as the next New Jersey State Treasurer, according to apress releaseonTuesday.

Scudder is the chief operating officer of Laffer Associates, an economic research and consulting firm based in Nashville, Tenn. One of his most well-known projects include a cross-sectional analysis of policy variables on past 50 years’ economic performances of all 50 states.

In the release, Christie explained that he believes Scudder’s insights on fiscal and tax policy solutions, along with his management experience, will help him effectively manage the state’s finances and foster New Jersey’s economic growth, relieving the burden of New Jersey taxpayers.

Scudder will begin his tenure on Nov. 9.

The release noted that aside from Scudder holding a bachelor’s degree in Economics from the University, the Scudder family has a long history in the Princeton area dating back to 1600s.

Christie is an ex officio trustee of the University.

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