David Ryder has been nominated as next Director of the U.S. Mint

(October 13, 2017 - by Paul Gilkes)

Former U.S. Mint Director David J. Ryder, who served as the 34th chief executive of the nation’s coin producer, is President Trump’s intended nominee to become 39th director of the United States Mint.

President Trump announced Oct. 3 his intent to nominate Ryder for the same Treasury Department position he held more than two decades ago.

The nomination to a five-year term would require Senate approval.

The Mint has been without a director since Edmund C. Moy resigned in January 2011 to re-enter the private sector with almost eight months remaining on his presidentially appointed five year term.

Neither of the two nominations for Mint director made by former President Obama — first of Bibiana Boerio and the second of Matthew Rhett Jeppson — ever progressed to receive Senate approval.

Since 2007, Ryder has been global business development manager for Honeywell Authentication Technologies as a manufacturer and supplier of covert and forensic security features for the authentication of currency, value documents and products.

From January 1994 through 2007, Ryder served as president of Secure Products Corp., a producer of special machine-readable materials that provided positive identification of currency, branded products, and other high value documents as genuine.