Gov. Sanders names DFA Secretary Larry Walther as Treasurer

Gov. Sarah Sanders on Thursday (Aug. 3) appointed Arkansas Department of Finance and Administration (DFA) Secretary Larry Walther to fill out the term of the late Treasurer of State Mark Lowery.

Lowery died of complications from a stroke in July.

Walther has served as DFA secretary since former Gov. Asa Hutchinson appointed him in 2015. He also served as former Gov. Mike Huckabee’s director of the Arkansas Economic Development Commission.

Walther began his career as an engineer at SBC Communications, rising to the role of vice president of corporate services and also serving as chairman of SBC’s Foundation. SBC is now AT&T.

“I’ll make a smooth transition and serve the office with integrity,” Walther said in a press conference at the state capitol.

Walther will serve as Treasurer until a replacement can be voted into office in the 2024 general election. Walther’s replacement at DFA is expected to be made Monday.

Talk Business & Politics will update this story later today.