Kevin A. Clougherty, Commissioner

CEO, Chairman of the Board, Treasurer, CFO, Trustee, college graduate school professor, and volunteer. Over the past thirty years Kevin A. Clougherty has been involved in most of the major economic development programs undertaken in the State of New Hampshire.

Mr. Clougherty began his career in state government service as the Deputy Director of the State of New Hampshire's performance audit program, where he was quickly promoted to Program Director.  Audits conducted under his supervision resulted in major highway contract bid rigging convictions, and restructuring of the State's financial operations.

As New Hampshire's first ever Chief Deputy Treasurer, Mr. Clougherty worked with the CFO of the Joint Owners of the Seabrook Nuclear Power Plant to structure a statutorily required Nuclear Decommissioning Fund, which was necessary for the Plant to be brought on line.

Mr. Clougherty also served as the Treasurer's designee on the Industrial Development Authority which authorized financing for the Plant. While at the State Treasury, Mr. Clougherty was appointed as the Chairman of the State's Medical Malpractice Reserve Fund Trust by Insurance Commissioner Louis Bergeron to help structure a solution to the problem of physicians obtaining affordable malpractice insurance coverage in New Hampshire.

Mr. Clougherty became the Chief Financial Officer for the City of Manchester, New Hampshire in 1989.  Mr. Clougherty, for the next twenty years, oversaw the city's financial renaissance through upgrades to the City's Historic Millyard District; development of Manchester-Boston Regional Airport; construction of the Verizon Wireless Arena (10,000 fixed seats); introduction of minor league baseball (AA Toronto Blue Jays affiliate) at a new ball field and complex in the city center; and expansion of the City's regional water and sewer utilities.

While serving as the City's Finance Officer, Mr. Clougherty also served as Treasurer of the Manchester Contributory Retirement System ($100 million).

As a member of the Board of Directors of the New Hampshire Municipal Bond Bank from 2000 until 2006, and as Chairman from 2003 until 2006, he worked to provide financing for local municipal and school district capital projects and oversaw a billion-dollar debt portfolio.  Mr. Clougherty also served on the Advisory Committee of the State's Public Deposit Investment Pool an insured investment vehicle for local public entities with an average portfolio of $500 million.

Upon retirement from the City of Manchester in 2007, Mr. Clougherty became the CFO for Primex, a $100 million public risk management pool with over three hundred member communities.  Primex provides Workers' Compensation, Unemployment Compensation, Property Liability, health, short-term disability (STD), and long-term disability (LTD) coverage programs for its members.  Mr. Clougherty has been serving as CEO of Primex since January 2008 as the organization is searching for a permanent replacement to its long time CEO of thirty years.

As Adjunct Professor at the University of New Hampshire's Graduate School of Public Administration, his courses on public financing and budgeting are among the most popular in the program.  Mr. Clougherty also serves on the University's Advisory Board in Manchester and he was invited to deliver the 2008 Commencement Speech at graduation.

Because of his experience and nonpartisan professionalism, Mr. Clougherty has served on the Budget Transition Teams for incoming governors of both political parties, including the current Governor John Lynch.

He is a Trustee for the local Girls and Boys Club, a member of his local church's budget committee, and a past board member and coach for several local youth sports leagues.

Mr. Clougherty resides in Manchester, New Hampshire with his wife Donna, who is a college professor and Department Chair in the New Hampshire Community College System.  They have two sons, Ryan a lawyer with the Federal Deposit Insurance Corporation (FDIC) in Washington, D.C., and Brendan who resides in Hollywood, California and is employed in the film industry.