Volume 5/Issue 24

  • Governor Christie Announces New Transportation Commissioner
  • Ford M. Scudder Named New State Treasurer

Governor Christie Announces New Transportation Commissioner

Governor Christie announced Richard T. Hammer as the new Commissioner of the Department of Transportation on Friday.  Currently the Assistant Commissioner for the Department’s Capital Program Management Section, Mr. Hammer will succeed our friend and colleague Jamie Fox at the NJ DOT.

Mr. Hammer currently oversees approximately 1100 employees and has managed many of the Department’s major infrastructure projects, including the $1.2 billion rehabilitation of the Pulaski Skyway, the $265 million reconstruction of Route 35 damaged by Superstorm Sandy and the ongoing $1 billion "Direct Connect" program, improving the I-295/I-76/Route 42 Interchange in Camden County.

Mr. Hammer has worked at the NJ DOT for 33 years, including 14 years with the Bureau of Structural Evaluation in the former Division of Bridge Design and 10 years in the Division of Project Management, where he served as a Program Manager overseeing major statewide bridge projects.

The Governor will formally nominate Mr. Hammer to the position in the near future. 

Ford M. Scudder Named New State Treasurer

Governor Christie named Ford M. Scudder as the new State Treasurer last week. 

Mr. Scudder currently serves as the Chief Operating Officer of Laffer Associates, a macroeconomic research firm and as the Senior Research Analyst of Laffer Investments, a privately-held equity management firm.  His background includes economic policy and financial analysis, public and private equity investing, macroeconomic data and trend analysis, and business development, including analyzing state economic issues of a 50-state, 50-year cross section of state policy variables on economic performance.

Senate President Sweeney has raised concerns in media reports about the nominee, specifically that he has never worked in government. "Bringing someone into a $40 billion budget that has no experience is of concern," Sweeney said.

Mr. Scudder will begin his duties on November 9.