Primary Member, State of Alabama, Royalty Policy Committee
Clinton Carter is a member of the Department of Interior’s Royalty Policy Committee, and as a member of this committee advises Secretary Zinke “on policy and strategies to improve management of the multi-billion dollar, federal and American Indian mineral revenue program.”
Clinton Carter “holds an MBA from the Wharton School of the University of Pennsylvania, a BBA in Finance & Accounting from the University of North Alabama, and completed the Institute for Educational Management program at Harvard University.” He began his career “in investment banking and finance,” working at Ernst & Young and then at Merrill Lynch. From 2006 to 2008 he worked at Wachovia Securities, and from 2008 to 2011 he was the “Director, Corporate Development, Mergers & Acquisitions,” at Intergraph Corporation, a company that “provides computer-aided dispatch and GIS software solutions for government, public safety and security, transportation, and utilities and communications markets.” From January 2011 to May 2014 Clinton Carter was the Deputy State Finance Director for the State of Alabama, and from May 2014 to August 2016 was the Chief Financial Officer, Vice President for Finance and Business Affairs for the University of North Alabama. He was appointed to his current position, Alabama State Finance Director, on October 1, 2016. Carter, “as the State’s chief financial officer… serves as an advisor to the Governor and the Legislature in all financial matters and is charged with protecting the financial interests of the State of Alabama.”
Sources: [Department of Interior, Press Release, 09/01/17, LinkedIn Profile for Clinton Carter, accessed 09/26/17, “Clinton Carter, Director of Finance,” Alabama Department of Finance, accessed 09/26/17, and “Company Overview of Intergraph Corporation,” Bloomberg, accessed 09/26/17]
Additional Background Information on Employers of Note:
As State Finance Director, Clinton Carter serves on the Board of Trustees and Officers for the Alabama Trust Fund, which is a “repository for income from oil and gas leases.”
In February 2017, Carter said that “interest from the Alabama Trust Fund… was likely to remain below its 2006 and 2007 peaks.” This is because revenues “from oil and gas leases have suffered as fracking has spread.”
[“The Alabama Trust Fund: 2016 Annual Report,” State of Alabama, 05/17, and Brian Lyman, “Bentley pushes for pay raises; Increase proposal seeks $19M from General Fund,” Montgomery Advertiser, 02/08/17]
In October 2016, Clinton Carter accompanied then-Alabama Governor Robert Bentley on a flight “from Montgomery to Muscle Shoals for [a] Lauderdale County GOP dinner.” An investigation into Bentley, who later resigned because of an alleged affair with an aide, found evidence of “improper use of state aircraft.”
Former Alabama Governor “Robert Bentley used the state aircraft 40 times during the final three months of 2016, with more than half of the trips involving flights between Montgomery, Tuscaloosa and Gulf Shores.”
On October 11, 2016, Clinton Carter accompanied then Governor Bentley on a flight “from Montgomery to Muscle Shoals for Lauderdale County GOP dinner.” They returned the same day.
In April 2017, Governor Bentley, “facing public criticism and pressure from his own party,” resigned “after a turbulent year.” Bentley had allegedly had an affair with “former aide Rebekah Mason.” An investigation of Bentley found evidence of “improper use of state aircraft to intimidation of witnesses and campaign violations.” [Leada Gore, “Gov. Bentley used state plane 40 times last quarter, half for trips home or to beach,” Alabama Media Group, 04/06/17, and John Archibald, “Alabama Gov. Robert Bentley resigns amid sex scandal,” Times-Picayune, 04/11/17]
Clinton Carter was named a “Rising Republican Star” by the Alabama GOP in April 2012.
At the time, Clinton Carter was “an active member of the Young Republican Federation of Alabama, serving on the steering committee as the Vice Chairman.” Before becoming Deputy State Finance Director in 2011, Carter was “the Chairman of the Madison County Young Republicans.” [“Clinton Carter,” Young Republican Federation of Alabama, accessed 09/26/17]