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New Mexico Lottery names new CEO

New Mexico LotteryNew Mexico Lottery: New Mexico Lottery names new CEO

The New Mexico Lottery Authority board of directors met today and named Tom Romero as its new chief executive officer.  Romero becomes the New Mexico Lottery's fourth CEO since its 1996 inception.

Romero, 48, was chosen from among 67 applicants in a statewide and nationwide search.  As CEO, Romero will direct the Lottery's day-to-day management responsibilities and oversee its 62 employees.  He has served as interim CEO since November and will be paid an annual base salary of $165,000 in his new position.

Contract negotiations are still in progress and should be complete by the next board of directors meeting scheduled for June 15.

He has been the executive vice president of security for the Lottery since its inception.  He started his law enforcement career in New Mexico with the Tucumcari Police Department serving as dispatcher, patrolman, sergeant and lieutenant from 1976 to 1988.  He then joined the New Mexico Department of Public Safety in 1989 as an instructor and was later promoted to bureau chief of the NM Law Enforcement Academy Bureau.  He also served as bureau chief in the Investigations Bureau.

"Tom has the full support of the board.  We are confident that he will bring the talent, vision, and dedication to his new position that he has demonstrated over the past 10 years," said board chair Reta Jones."

"I'm honored to fill this position.  As CEO, my principal goal will be to grow and strengthen the New Mexico Lottery, in order to maximize net revenue for New Mexico public education." Romero said.

Romero and his wife Kathy have an adult daughter and son.

Since inception in April 1996, the New Mexico Lottery has raised more than $280 million for public education in the state, including more than $213 million for the Lottery Success Scholarship program.  According to statistics provided by the Department of Higher Education, as of the Spring 2005 semester, nearly 38,000 students have received in-state tuition for college from this merit-based scholarship program.  Previously, another $66.5 million was earmarked for school construction and repairs in grades K-12, assisting 61 school districts.

Tom Romero became the New Mexico Lottery's fourth CEO since its 1996 inception.

Press Release

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5 comments. Last comment 11 years ago by icennis.
Page 1 of 1
wizeguy's avatar - animaniacs04

United States
Member #15143
May 10, 2005
414 Posts
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Posted: June 2, 2006, 1:29 pm - IP Logged

Congrats to Tom Romero for winning this position! He seems to be real deserving of it looking at his past career achievements, rising steadily up the ladder at a good pace. I wish him well at the new job. Thumbs Up

 

    LOTTOMIKE's avatar - cash money.jpg
    Tennessee
    United States
    Member #7853
    October 15, 2004
    11338 Posts
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    Posted: June 2, 2006, 2:34 pm - IP Logged

    maybe we could get those ball drawings now?

      SassyOhio's avatar - Picture012
      Columbus Ohio
      United States
      Member #35946
      March 25, 2006
      234 Posts
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      Posted: June 3, 2006, 6:37 pm - IP Logged

      OK DAMN.... were in the wrong business folks CHECK OUT THAT STARTING SALARY!!!!!  It would take me 4 years to make that  AND I MAKE EDUCATIONS HAPPEN lol

      Hopin To Be The Lucky Ones!!

      COME ON MEGA! MEGA-ME-RICH!

       

      Please feel free to visit my sisters memorial page that I have now completed

      www.freewebs.com/wendyinmyheartforever


        United States
        Member #379
        June 5, 2002
        11296 Posts
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        Posted: June 4, 2006, 1:32 pm - IP Logged

        NY needs a new lottery chief. I'm sure we'll get one assuming Eliot Spitzer (a Democrat; Republican George Pataki is in his 12th year as governor and is not seeking re-election) wins the statehouse in November. But whoever takes over the NY Lottery probably will be little more than a puppet for the corruption-filled branch of state government.

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          New Member
          Tucumcari
          United States
          Member #40794
          June 7, 2006
          1 Posts
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          Posted: June 7, 2006, 3:37 am - IP Logged

          Good work Tom! From all us in Tucumcari,Your still #1 with us. Johnny Ennis