Young J. Boozer, III, was born in
Birmingham and raised in Tuscaloosa. He earned a
bachelor’s degree in economics from Stanford
University and a master’s degree in finance from the
Wharton School at the University of Pennsylvania. During
the past four decades, Boozer’s career in banking,
finance and investments has taken him from Citibank in
New York and Crocker National Bank in Los Angeles, to
Coral Petroleum in Houston and Colonial Bank in
Montgomery.
Boozer also served as Deputy State Finance Director
for Governor Bob Riley after retiring in 2007 from his
position as Executive Vice President at Colonial Bank.
During his tenure in the Alabama Department of
Finance, he played a key role in saving millions of
taxpayer dollars through the restructuring of state
bond debt and derivatives. Boozer left the Riley
Administration in early 2010 to run for state
treasurer in his first race for elected office.
“My philosophy is to do the right thing, do it the
right way, and do it right away,” said Boozer.
“That’s why I ran for treasurer. Now more than
ever, Alabama needs strong financial leadership. And
I’m confident in my ability to provide that
leadership to the citizens of our state."
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