John Bingaman
John Bingaman
John Bingaman was an illustrious Vietnam War Veteran who served in the United States Marine Corps and earned himself a Purple Heart, National Defense Service Medal and Combat Action Ribbon.
He has been an effective champion for education and an authoritative voice on important matters. Additionally, he enjoys playing sports avidly and is proud father to two sons.
Early Life and Education
Early childhood education is an integral part of children’s lives. It builds the foundations for social skills, self-worth, perspective on the world and moral outlook.
It is well-documented that children undergo rapid and profound neurological development during these years.
Research indicates that this period is essential in setting the foundations for future educational achievement, economic productivity, responsible citizenship, lifelong health and strong communities. These outcomes directly contribute to a country’s social and economic success.
Professional Career
John Bingaman is the managing principal of Iron Creek Partners LLC, a private investment partnership headquartered in Santa Fe. Additionally, he serves on the boards of two portfolio companies within the software industry that belong to his firm.
Bingaman was previously executive chairman of SambaSafety in Albuquerque, helping it grow from a local startup to become one of North America’s leading driver risk management software providers. Additionally, he served on the boards of CAI Software and SlickText.
Last month, Bingaman stepped down as chief of staff for Lujan Grisham in order to advise President-elect Joe Biden’s transition team. However, he plans on returning to his old job managing Iron Creek Partners.
Achievements and Honors
John Bingaman, a former New Mexico Senator, has earned numerous honors throughout his career. He served as Chair of the Senate Committee on Energy and Natural Resources, Chairman of the Joint Economic Committee and member of the Senate Impeachment Trial Committee.
He served on the Committees on Armed Services, Finance and Health, Education, Labor and Pensions. He was an enthusiastic supporter of President Reagan’s policies.
He served six terms in the United States Senate, being elected as a Democrat in 1982 and defeating Harrison Schmitt (R). During his time on Capitol Hill, he focused mainly on issues such as energy and natural resources management, public lands management, national security matters and health care reform.
Personal Life
John Bingaman is an outstanding example of character and integrity. A devout member of Trinity Evangelical Church, he has earned the respect of those in Lower Mahanoy township for his Christian commitment and unwavering dedication.
He is an accomplished businessman, having founded and chaired Iron Creek Partners – a Santa Fe-based private investment firm. Prior to that he served in executive capacities at Quadrangle Group LLC and Salomon Smith Barney’s Investment Banking Division.
He has long been an advocate for education and environmental causes. A leader in both national and local circles, he is dedicated to encouraging more women and people of color into corporate boardrooms and public policy positions.
Net Worth
Congress members’ net worths are determined by their financial disclosure forms filed with the House and Senate. These forms compile assets and liabilities and assign them minimum values.
This year’s wealthiest members on the list saw their fortunes increase by more than $3 million. Some of the gains came from real estate investments, while others were linked to stock investments.
One of the biggest gainsers this year was Emmanuel, who rose five spots to No. 31 due to his Kimberly-Clark stock that doubled its value from $500,000 to $5 million within one year.
Sensenbrenner reported a substantial gain this year, jumping four places to No. 30 despite losing $20 million in trust fund value over the last year. His portfolio includes at least $1 million worth of General Electric stock and almost $2 million invested in 3M.