Ken Simpler was elected Delaware State Treasurer on November 4, 2014, and took the oath of office on January 6, 2015. Mr. Simpler is a graduate of the University of Chicago, having received an M.B.A. with honors from the Graduate School of Business and a J.D. with honors from the Law School. Mr. Simpler earned his undergraduate degree, summa cum laude, from Princeton University as a political economy major.
Mr. Simpler was born and raised in Rehoboth Beach, Delaware and graduated summa cum laude from St. Andrew's School in Middletown, where he represented the school in Delaware's 30th Blue-Gold All-Star Football Game.
Mr. Simpler is an owner of Seaboard Hotels, which develops and manages hotel and retail properties in Rehoboth Beach, Dewey Beach and Nags Head, North Carolina.
Mr. Simpler previously held the position of Managing Director at Citadel, LLC, a global investment fund, where he oversaw a billion dollar portfolio at Citadel and managed personnel in Chicago, San Francisco, New York/Greenwich, London and Tokyo. Among other duties, Mr. Simpler served on Citadel's firm-wide investment committee.
Mr. Simpler began his career as a corporate attorney at Kirkland & Ellis, a national law firm. At K&E, Mr. Simpler worked primarily on private acquisitions and capital raising transactions.
Mr. Simpler serves on the board of directors of Draper Holdings, the parent company of WBOC and Fox 21, and the finance committee of Beebe Healthcare.