Brian Krolicki

Brian K. Krolicki
Born	(1960-12-31) December 31, 1960
Occupation(s)	Entrepreneur, public official
Years active	1998–2015
Known for	33rd Lieutenant Governor of Nevada, Nevada State Treasurer

Brian K. Krolicki (born December 31, 1960) is an American entrepreneur and public official who held the position of the 33rd Lieutenant Governor of Nevada from 2007 until 2015. In this capacity, he oversaw the Nevada State Senate, led the Commission on Tourism, and participated on both the State Board of Transportation and the Reno Tahoe Winter Games Coalition. Before serving as lieutenant governor, he completed two terms as Nevada State Treasurer. Affiliated with the Republican Party, Krolicki was barred from seeking a third term in 2014 because of Nevada’s lifetime term limit regulations.

Education

Krolicki earned a degree in political science from Stanford University in 1983.

Professional life

Prior to his tenure as State Treasurer, Krolicki gained experience working at Bankers Trust in New York City, as well as with Smith Barney in both San Francisco and Manama, Bahrain.

State treasurer

First elected in 1998, Krolicki focused on expanding access to affordable higher education by launching the State Treasurer's College Savings Plan along with Nevada's Prepaid College Tuition Program. He also played a key role in introducing the Gates Scholarship within Nevada.

During his administration, Krolicki achieved credit rating improvements for the state, resulting in multimillion-dollar savings for taxpayers through reduced interest costs. Under his guidance, Nevada reached credit ratings just shy of AAA status—a distinction attained by only a select number of states. He was notably the first state treasurer nationwide to receive the Certificate of Excellence in Investment Policy from the Association of Public Treasurers of the United States and Canada. His investment initiatives generated tens of millions in revenue for Nevada.

On a national level, Krolicki was unanimously chosen as president of the National Association of State Treasurers (NAST) in 2002, representing assets exceeding $1 trillion. He established NAST’s Committee on Corporate Governance and served as chair of the NAST Foundation, which promotes financial literacy across the country. Additionally, he initiated Nevada’s Women's Money Conference to improve financial education locally. In recognition of his achievements, Krolicki was awarded the Unruh Award in 2004 as the nation’s top state treasurer and later received the Gritz Award for Excellence in Public Finance that same year for his outstanding leadership in managing public debt.

Lieutenant governor

Krolicki won election as Lieutenant Governor of Nevada in 2006 and secured re-election in 2010.

Prosecution by Nevada Attorney General

On December 3, 2008, Krolicki faced an indictment comprising four felony charges related to his administration of a multibillion-dollar college savings program during his time as state treasurer. The accusations involved misappropriation and falsification of records. Although confronted with potential imprisonment up to sixteen years, he denied all allegations, characterizing them as politically motivated actions orchestrated by Democratic Attorney General Catherine Cortez Masto and Senate Majority Leader Harry Reid.

Subsequently, a Las Vegas judge dismissed all charges against Krolicki and his Chief of Staff Kathy Besser, fully clearing them of wrongdoing.

Awards

On July 26, 2010, during an official visit to the United States, Krolicki was honored with the Lagun Onari award by the lehendakari of the Basque Country. In February 2024, he was bestowed with the Peace Laureate award by the Sino-Phil Asia International Peace Awards Foundation in Manila, acknowledging his dedication to public service.

External links

• Official website of the Nevada Lieutenant Governor

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