State Treasurer David Petersen says he will step down from office Nov. 30, the day before his sentencing on a misdemeanor charge of failing to report commissions he received for selling character-education materials to schools.
Petersen’s guilty plea to the charge of filing a false or incomplete financial disclosure report ended a monthslong criminal investigation.
Democratic Gov. Janet Napolitano will appoint a replacement to serve until the winner of Tuesday’s general election takes office in January. Under state law, the temporary replacement appointed by Napolitano must be a Republican because that is Petersen’s party.