Velda Jones-Potter facts for kids

Velda Jones-Potter (born 1957/1958) is an American businesswoman and politician. She was appointed by Jack Markell to finish out his term as Delaware State Treasurer when he was elected governor in 2008. She lost her bid for election in the 2010 Democratic primary to Chip Flowers. She unsuccessfully ran for mayor of Wilmington in 2020 and 2024.

Early life and career

Jones-Potter attended P. S. Dupont High School. She was the first African American woman to graduate from the University of Delaware with a Bachelor of Science degree in engineering. Jones-Potter obtained her MBA from Indiana University. She worked for DuPont for 17 years and served as an executive vice president for MBNA.

Political career

When Jack Markell was elected governor in 2008, he appointed Jones-Potter to finish out his term as Delaware State Treasurer. She became the first African American to hold statewide office in Delaware. She ran for election to the position in 2010 as the incumbent but lost in the Democratic primary to Chip Flowers, who won with 54 percent and went on to win the general election against Republican Colin Bonini. During the campaign, she faced scrutiny for receiving over $100,000 in consulting fees from the City of Wilmington between 2007 and 2010.

In 2016, Jones-Potter won the three-way Democratic primary for Wilmington City Treasurer with 40 percent against Darius J. Brown and Kenneth Matlusky. She was elected unopposed in the general election. By winning this election, Jones-Potter became the first African-American woman to serve as the Wilmington City Treasurer. In 2018, The News Journal reported that she had sought a raise of $21,647, or nearly 20 percent over her current salary of $113,933, as well as raises for her appointees in the treasury department.