Watch CBS News

California Treasurer Bill Lockyer Announces Retirement

SACRAMENTO (CBS SF) - California Treasurer Bill Lockyer announced Monday that he will not run for public office in 2014 after decades of serving in California in various capacities.

Lockyer, 72, who served on the California state Senate and Assembly starting in 1973, then became state attorney general in 1999 and was elected as treasurer in 2006.

"It's time to make the break and explore other opportunities," Lockyer said in a statement today. "I don't have any definite plans right now, other than to do my job as Treasurer. But I look forward to starting a new phase of my life."

Lockyer will complete his term as treasurer before retiring.

"I'm not abandoning the political and public policy arena. I will remain engaged," he wrote. "I will continue fighting for good public policy and the principles I've always tried to defend."

Lockyer was born in Oakland and is married to Nadia Lockyer, with whom he has a 9-year-old son, Diego. He also has a grown daughter from a previous relationship.

Bill Lockyer had filed for divorce last summer, but the couple has since reconciled.

Nadia stepped down from her seat at the Alameda County Board of Supervisors last year after revealing difficulties with drug abuse.

When she resigned in April 2012, she said she wasn't able to be care for her son and represent her constituents while dealing with recovery from addiction and interpersonal violence.

Nadia Lockyer was allegedly involved in an assault incident with an ex-boyfriend at a Newark hotel room in February 2012.

She was arrested in a separate incident last August in Orange County and charged with possession of methamphetamine and being under the influence of a controlled substance, possession of drug paraphernalia and child abuse.

Lockyer did not make not mention of his troubled marriage in statements released today.

(Copyright 2013 by CBS San Francisco and Bay City News Service. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.