Treasurer-Elect Lockyer Starts Building Executive Team with Appointment of Key Deputies

Saturday, December 9, 2006
Contact: (916) 210-6000,

(SACRAMENTO) – Attorney General and Treasurer-Elect Bill Lockyer today announced the appointment of key deputies with lengthy and wide-ranging experience in public finance, policy development and state government to help him lead the State Treasurer’s Office (STO).

“I wanted to serve as State Treasurer because the office will play an key role in shaping California’s future,” said Lockyer. “This group of deputies possesses the knowledge, experience and commitment to help ensure the office performs that role with great success. As the state moves forward, we face daunting but exciting challenges to meet the economic, educational, health care, infrastructure and quality-of-life needs of a growing and diverse population. I have no doubt that, working together, we will meet the test.”
The appointments announced today include:

Steve Coony as Chief Deputy Treasurer. Coony will serve as Lockyer’s top aide, and directly supervise the STO’s Administration Division, Information Services Division, Public Information Office and Legal Office. He also will manage the office’s staff activities related to the State Treasurer’s work as a member of the California Public Employee Retirement System and California State Teachers Retirement System.

Coony, 60, currently serves as Lockyer’s Chief Deputy Attorney General for Administration and Policy. In that post, Coony manages the executive staff and 3,000 of the non-attorneys who work for the Department of Justice, including those in the Divisions of Law Enforcement, Firearms, Gambling Control, Criminal Justice Information Systems and the Administrative Services Division.

Coony previously served as Chief of Staff to then-state Sen. Lockyer during his term as Senate President pro Tempore, and before that as Staff Director for the previous Senate leader, David Roberti. Prior to his work in the California Legislature, Coony was the General Manager of the Los Angeles County Employees Association, Service Employees International Union Local 660, AFL-CIO. Coony was born in Alhambra, California. He is married, and has two grown children and two grandchildren.

Paul Rosenstiel as Deputy Treasurer. Rosenstiel will direct the STO’s Public Finance Division and Securities Management Division, and the STO’s work with the California Debt and Investment Advisory Commission, California Infrastructure Bank and California Earthquake Authority.

Rosenstiel, 56, worked as an investment banker from 1983 to 2005, specializing in arranging bond financings for California public entities. After working for Wall Street firms early in his career, he spent 10 years managing the San Francisco office of De La Rosa & Co., a California-based municipal investment bank. As a banker, Rosenstiel worked on many bond issues of the State of California, including the bonds issued to address the energy crisis, the Economic Recovery Bonds and the 2003 Revenue Anticipation Warrants. He also has completed numerous bond financings for California local governments.

Before becoming a banker, Rosenstiel was an economics consultant. From 2005 to 2006, he was Policy Director for the Westly for Governor campaign. He was born in Los Angeles and received his master of business administration degree from Stanford University. Rosenstiel is married with two grown children.

Tricia Wynne as Deputy Treasurer. Wynne will direct the STO’s work on state and federal legislation, Local Investment Advisory Board, California Health Facilities Financing Authority, California School Finance Authority, California Educational Facilities Authority, ScholarShare Investment Board and California Urban Waterfront Area Restoration Financing Authority.
Wynne, 49, has served as a Special Assistant Attorney General to Lockyer since he began his two terms as Attorney General in 1999. In that position, Wynne has managed a wide range of policy issues for Lockyer, including environmental protection, health care, mental health, charitable trusts, children’s issues and women’s issues.

She graduated from the University of California, Santa Barbara in 1979 with a bachelor of arts degree in political science and communications. Wynne, an attorney, earned her law degree in 1982 from the University of San Diego School of Law. She went to work for the State Senate in January 1983, serving as a consultant to the Senate Public Employment and Retirement Committee. In 1984, she began a 10-year stint with the Senate Judiciary Committee, working on both criminal and civil justice issues. In 1994, Lockyer tapped Wynne to serve as his Policy Director when he was Senate President Pro Tempore. She continued in the job for four years, supervising a staff of 12.
Bettina “Nini” Redway as Deputy Treasurer. Redway will supervise the STO’s Cash Management Division and Investment Services Division. In addition, she will manage the STO’s work with the Pooled Money Investment Board, California Alternative Energy and Advanced Transportation Financing Authority, California Debt Limit Allocation Committee, California Industrial Development Financing Advisory Commission, California Pollution Control Financing Authority and California Tax Credit Allocation Committee.

Redway, 49, currently serves as a Special Assistant Attorney General to Lockyer, managing policy and legal issues related to consumer, antitrust and energy law. Previously, Redway served as Counsel to the state Administrative Office of the Courts, General Counsel to the California Manufacturers Association, and aide to Assemblyman Robert Campbell. Before entering state service, Redway worked on the conservation staff for the Sierra Club and served on the Mono Lake Committee. An attorney who graduated from the McGeorge School of Law, Redway was born in Washington, D.C. She moved to California in 1980, is married, and has lived in Sacramento for 20 years.

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