Richard Eckstrom Explained

Richard Eckstrom
Office:38th Comptroller General of South Carolina
Governor:Mark Sanford
Nikki Haley
Henry McMaster
Term Start:January 15, 2003
Term End:April 30, 2023
Predecessor:Jim Lander
Successor:Brian J. Gaines
Office1:Treasurer of South Carolina
Governor1:David Beasley
Term Start1:January 11, 1995
Term End1:January 13, 1999
Predecessor1:Grady Patterson
Successor1:Grady Patterson
Birth Date:23 June 1948
Birth Place:Duluth, Minnesota, U.S.
Party:Republican
Education:University of South Carolina (BA, MBA, MS)

Richard A. Eckstrom (born June 23, 1948) is an American politician from the state of South Carolina. A Republican, he served as the comptroller general of South Carolina from 2003 until his resignation in 2023. From 1995 to 1999, he served one term as the South Carolina Treasurer. When elected as Comptroller General, he was the first Republican to serve in the post since 1876.

Early life

Eckstrom was born in Duluth, Minnesota, on June 23, 1948. His family moved to Columbia, South Carolina, in 1957, when his father, a professor, took a job at the University of South Carolina (USC).[1] He graduated from USC in 1971 with a bachelor's degree. He served in the United States Navy, reaching the rank of captain,[2] and worked in business. Eckstrom returned to school and earned a Master of Business Administration from USC in 1977. He went to work for Peat Marwick Mitchell in Columbia in 1978.[1] He earned a master's degree in accounting from USC in 1978. He is a certified public accountant.

Career

In the 1994 elections, Eckstrom ran as a Republican for Treasurer of South Carolina and defeated Grady Patterson, a Democrat who served in the role for 28 years.[3] Patterson defeated Eckstrom in the 1998 elections.[4] [5] In 1999, Eckstrom ran in a special election to the South Carolina House of Representatives to succeed André Bauer, who resigned after being elected to the South Carolina Senate. Eckstrom lost to Chip Huggins.[6]

In 2002, Eckstrom ran for comptroller general of South Carolina. He defeated Jim Lander, the incumbent, in the general election.[7] He was reelected in 2006,[8] 2010,[9] 2014,[10] and 2018.[11] He won reelection to a sixth term without opposition in 2022.[12]

2023 accounting error and resignation

In February 2023, Eckstrom informed the South Carolina Senate that the budget was off by $3.5 billion due to an accounting error. According to Eckstrom, over the period of ten years, money was given to colleges and universities but was not reflected in financial records.[13] Eckstrom blamed an issue in the state's accounting system dating back to 2007.[14] In March, representative Gil Gatch introduced a resolution that could begin an impeachment inquiry.[15] After an investigation from the Senate Finance Constitutional subcommittee, the panel recommended that Eckstrom be removed from office and that the office of comptroller general be abolished.[16] Subcommittee members felt that Eckstrom’s actions did not constitute an impeachable offense as there was no criminal misconduct, but recommended that the General Assembly remove the comptroller from office for willful neglect of duty, as allowed by the state constitution.[17]

On March 14, the South Carolina House of Representatives passed legislation in a 104 - 7 vote that reduced Eckstrom's salary to $1 annually for the remainder of his term.[18]

Eckstrom announced on March 23 that he sent his resignation to the governor, which took effect April 30, 2023.[19]

Personal life

Eckstrom and his first wife, Peggy, had three children.[4] Eckstrom married Kelly Payne in December 2019.[20]

External links

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Notes and References

  1. Web site: Richard Eckstrom, S.C. Comptroller General . Columbia Star . August 21, 2009 . May 10, 2020.
  2. Web site: Comptroller general earns jump wings . Columbia Star . June 2, 2006 . May 12, 2020.
  3. Web site: 9 Nov 1994, Page 8 – The Index-Journal at . Newspapers.com . November 9, 1994 . May 12, 2020.
  4. Web site: Eckstrom will serve as Schuetzenfest grand marshal | Features . The Times and Democrat . October 1, 2003 . May 10, 2020.
  5. Web site: 5 Nov 1998, Page 1 – The Greenville News at . Newspapers.com . November 5, 1998 . May 12, 2020.
  6. Web site: 6 Aug 1999, Page 45 – The Greenville News at . Newspapers.com . 1999-08-06 . 2022-06-05.
  7. Web site: Eckstrom (R) upsets incumbent Lander (D) for Comptroller General. WISTV. November 6, 2002 . May 10, 2020.
  8. Web site: SC Votes '06: Rex declares victory in superintendent of education race. November 7, 2006 .
  9. Web site: Eckstrom re-elected SC comptroller general . November 3, 2010 . WPDE . May 12, 2020.
  10. Web site: Eckstrom re-elected as comptroller general . Greenvilleonline.com . November 4, 2014 . May 12, 2020.
  11. Web site: Republicans roll in SC except for 1 big Democratic upset. Associated Press. November 7, 2018.
  12. Web site: McMaster, other GOP incumbents win S.C. statewide races . Wrdw.com . November 8, 2022. 2022-11-21.
  13. Web site: How SC's $3.5 billion mistake could impact you . WLTX . February 11, 2023 . 2 March 2023.
  14. Web site: State's finances had $3.5 billion accounting error, comptroller general says . Youtube . News 19 WLTX.
  15. Web site: Smith . Nevin . Impeachment inquiry resolution filed in $3.5 billion state accounting error . WISTV . March 2, 2023 . 2 March 2023.
  16. Web site: Pollard . James . SC lawmakers want to fire comptroller for $3.5 billion error . WLTX . March 15, 2023 . 16 March 2023.
  17. Web site: Pollard . James . SC lawmakers want to fire comptroller for $3.5B error . AP . March 15, 2023 . 16 March 2023.
  18. Web site: Parrilla-Guerrero . Mayra . S.C. House passes amendment to reduce Comptroller General's salary to $1 . WISTV. March 14, 2023 .
  19. Web site: Flowers . Marcus . S.C. Comptroller General resigning after accounting error . WISTV . March 23, 2023 . 23 March 2023.
  20. Web site: Marchant . Bristow . SC Comptroller General Eckstrom marries 8 years after intimate emails leaked . The State . 6 January 2019 . 15 December 2023.