Robert Sprague is Ohio’s 49th Treasurer of State. As Treasurer, he oversees the state’s investment and debt portfolios, domestic & international custody portfolios, and daily cash inflows and outflows.
Treasurer Sprague is committed to improving Ohio and the lives of its residents through trusted stewardship, wise investment, and bold innovation. These principles have been at the forefront of his work since taking office in January 2019.
As his first legislative initiative, Treasurer Sprague successfully launched ResultsOHIO, which established an infrastructure within the Treasurer’s office to evaluate and support pay-for-success programs aimed at combatting the social and public health challenges facing Ohio. In 2021, the first pay-for-success project to be launched using the ResultsOHIO model gained legislative approval.
Sprague also oversaw the development and implementation of Family Forward, a program designed to support prospective parents navigating the adoption process. Through Family Forward, Ohioans seeking to adopt may qualify for reduced interest loans up to $50,000 that can be used to help manage the costs associated with adoption.
The STABLE Account program is witnessing unprecedented growth throughout Treasurer Sprague’s time in office. The program empowers individuals living with disabilities through the use of specialized savings and investment accounts. Under Sprague’s leadership, program participation more than doubled from January 2019 through December 2020 and continues to grow today. Additionally, the Treasurer’s office partners with multiple public and private sector employers to provide eligible employees with direct deposit options for contributing to a STABLE account.
Treasurer Sprague first entered public service in his hometown of Findlay, where he developed his commitment to strong fiscal stewardship as city auditor and treasurer. In these roles, he balanced the city’s budgets and helped finance a massive recovery effort after historic floods and the 2008 economic recession. He later made his way to Columbus, serving the 83rd District as a member of the Ohio House of Representatives from 2011 through 2018.
During his time in the private sector, he was a project lead at Ernst & Young and worked on several high-profile engagements with Fortune 500 companies before forming his own consulting firm.
Treasurer Sprague graduated from Duke University with a bachelor’s degree in mechanical engineering and later earned a master’s degree in business administration with an emphasis in finance from the University of North Carolina at Chapel Hill. His commitment to public service is matched only by his love of family. He and his wife, Amanda, continue to live in Findlay with their five children.