 In so doing, he resigned as state finance director, but retained his post as Secretary of Finance and Revenue.Meacham was elected to his first full four-year term as state treasurer defeating the Republican nominee, Howard Barnett Jr., in the November 2006 general elections.In October 2009, Meacham announced that he would not seek another term as state treasurer or run for any other state-level office in the 2010 election.