Janet Cowell Janet Cowell is the former North Carolina State Treasurer , serving from 2009 to 2017, and is the first woman to hold that position in North Carolina . She was previously a two-term member of the Raleigh City Council and a two-term Democratic member of the North Carolina Senate .Early life and education Cowell was born in Memphis, Tennessee . She graduated from the University of Pennsylvania , Penn's Wharton School of Business , and the Lauder Institute .Career Cowell previously worked as an analyst with HSBC and Lehman Brothers , coming to Raleigh, North Carolina in 1997. While in Raleigh she was also a consultant with SJF Ventures as well as Sibson & Co. and, in 2000, went to work for the Common Sense Foundation.Political career In 2001 Cowell decided to run for Raleigh City Council . She was elected to one of the At-large seats along with Neal Hunt . She was re-elected with Hunt to the At-large seats in 2003. In 2004, Cowell ran for the District 16 State Senate seat held by the retiring Eric Miller Reeves . Cowell won the Democratic party primary with 49% of the vote over Jack Nichols , Carter Worthy and Mike Shea . She went on to face Republican nominee Mark Bradrick, an insurance appraiser and Desert Storm veteran, and Libertarian Jason Mara in the general election . Cowell won the seat with 59% to 38% for Bradrick and 3% for Mara. She was completely unopposed in her 2006 re-election campaign.Cowell announced that she would seek the Democratic nomination for North Carolina State Treasurer in July 2007 . She faced Michael Weisel, a Raleigh attorney, and David Young , a Buncombe County Commissioner, in the primary election , winning the nomination with 46.43% of the vote. In the 2008 general election , Cowell defeated the Republican nominee, businessman and former State House member Bill Daughtridge , 53.62% to 46.38%. She was re-elected in 2012 over Republican Steve Royal, 53.83% to 46.17%. On October 13 , 2015, Cowell announced that she would not seek reelection or election to any other office in 2016.Awards and honors In 2012, Cowell was recognized as a "rising state and local leader" by The NewDEAL . In July 2013 , Cowell was ranked #21 globally on the Sovereign Wealth Fund Institute's Public Investor 100.Electoral history
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