West Des Moines, IA — Today, John Norwood announced his candidacy for Iowa State Treasurer, pledging to bring an independent, experienced voice to the office responsible for safeguarding Iowa’s financial future.
“The State Treasurer is Iowa’s Chief Financial Officer and banker,” Norwood said. “This office should be visible, independent, and relentlessly focused on protecting Iowans today while building a foundation for generations to come. My goal is simple: safeguard Iowan’s money.”
A longtime business advisor, board member, and public servant, Norwood enters the race with more than three decades of experience in finance, governance, and public stewardship—work that has taken him to all 99 Iowa counties and across industries critical to the state’s economy.
Norwood outlined three early priorities informed by conversations with Iowans across the state:
EARLY PRIORITIES
- Protecting IPERS
Norwood emphasized the importance of protecting the Iowa Public Employees’ Retirement System (IPERS), which serves nearly 400,000 current and future retirees. IPERS provides a stable retirement foundation for one in eight Iowans and supports approximately $2.5 billion in annual economic activity statewide.
“The integrity of IPERS is foundational—not just to retirees, but to Iowa’s entire economy,” Norwood said. “I will stand firmly against efforts that weaken or privatize its foundation.”
- An Independent, Responsible Voice for Iowa’s Finances.
As State Treasurer, Norwood said he would provide independent oversight of Iowa’s finances, provide transparency around the state’s budget, and ensure public dollars are managed responsibly to support long-term economic growth and resiliency.
“This office should serve as a trusted steward—helping Iowa families and businesses grow and prosper while protecting the state’s financial foundations and managing risk smartly,” Norwood said.
- Expanding Retirement Options & Financial Literacy
Norwood supports expanding retirement savings options for Iowans—especially small business owners and employees who lack access to workplace plans—and improving financial education around the power of saving early and compound interest.
“We can help more Iowans retire with dignity by making it easier to save and by teaching practical financial fundamentals,” he said.
Norwood continues to work with Iowa business owners each year through his TBL Ventures advisory work, including as a Business Advisor with the Goldman Sachs 10,000 Small Businesses program.
“I’ve spent my career helping organizations plan for the future, manage risk, and make responsible financial decisions,” Norwood said. “That’s exactly what Iowans deserve from their State Treasurer.”
For more information about John Norwood’s campaign for Iowa State Treasurer, visit www.norwood4iowa.com.
ABOUT JOHN
John Norwood is a lifelong public servant and financial leader committed to protecting Iowa’s fiscal future and strengthening opportunity for families across the state. He has lived in West Des Moines for more than twenty years, where his two children graduated from West Des Moines Valley High School.
John has a BA from Williams College and holds both an MBA in Finance and a Master of Environmental Management from Yale University. He is a long-standing member of the CFA Society of Iowa, reflecting his commitment to ethical, disciplined financial stewardship.
For more than 30 years, John has worked at the intersection of strategy, finance, governance, and public service, helping business leaders, municipalities, agricultural cooperatives, state water agencies, and nonprofit organizations make responsible financial decisions, manage risk, and plan for the long term. His work has included managing multimillion-dollar portfolios, improving capital allocation, ensuring regulatory compliance, and providing finance and accounting expertise to dozens of Iowa business owners.
Since 2019, John has served as a Business Advisor with the Goldman Sachs 10,000 Small Businesses Program, coaching dozens of founders and CEOs across Iowa on growth strategy, financial performance, and long-term sustainability.
John travels Iowa regularly working with business owners in agriculture, manufacturing, technology, and related industries. As he often says: “Iowans want practical leadership—leaders who respect taxpayer dollars, plan ahead, and use state and federal resources thoughtfully to build a resilient Iowa for everyone.”
John has been an active community volunteer for decades and has served on both appointed and elected boards and commissions, including as a Soil & Water Conservation Commissioner. He has traveled to all 99 counties, listening to what Iowans care about—from rural communities to growing cities—and bringing those voices into public decision-making.
John is running for Iowa State Treasurer with a clear goal: “to protect Iowa’s financial foundations and help Iowans better understand how public finance—and personal finance—affect the strength of their families and communities.”
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