Wednesday, December 23, 2015
OKLAHOMA CITY – Governor Mary Fallin today announced the appointment of L. Michelle Stephens to the board of directors of the Tobacco Settlement Endowment Trust (TSET) Fund. Stephens, of Weatherford, will succeed Lisa Nowlin and serve the remainder of a seven-year term that expires in June 2017.
Stephens, an attorney, previously served on the Oklahoma Commission for Human Services, state Board of Education and state Career Tech Board.
”I am pleased to appoint Michelle Stephens to the TSET board,” Fallin said. “I am confident her depth of experience will serve the board well as it continues its efforts to improve the health of all Oklahomans and provide good stewardship of the tobacco settlement funds.”
Stephens is the governor’s sole appointee to the seven-member TSET board, which is responsible for guiding the use of earnings from Oklahoma’s tobacco settlement trust fund to improve the health and well-being of state residents, particularly children and senior adults.
Stephens has been a practicing attorney since 1992, serving as an assistant attorney general under Susan Loving and Drew Edmondson. She earned her law degree from the University of Oklahoma College of Law after graduating from Oklahoma Christian University with a bachelor’s degree in business administration.
Stephens is a trustee at Oklahoma Christian and president of the Weatherford Board of Education. She also is a member of the Oklahoma 4-H Volunteer Council and the State 4-H Horse Council.
She and her husband, Weatherford dentist Dr. Brian Stephens, have two children.
TSET was created by a constitutional amendment in 2000 as a long-term strategy to improve health and ensure settlement payments from a 1998 multi-state lawsuit against the tobacco industry are used to improve the health of all Oklahomans. The funds are placed in an endowment to ensure a growing funding source for generations.