Massachusetts State Treasurer Steve Grossman said that he will officially announce his candidacy for governor within the next week.
Grossman told CBS 3 that he has been strongly contemplating a run for the seat in 2014, but that this weekend he would officially jump into the race.
"I think it will be clear, at the Democratic state convention in Lowell this Saturday, that I am running for governor," said Grossman.
Grossman says his economic background will set him apart from others considering a run.
"Being governor of the commonwealth is about leadership, and providing leadership that leaves no one behind," added Grossman.
Grossman was elected state treasurer in 2010. He was head of the Democratic National Committee from 1997 to 1999.
Democrats Joseph Avellone and Donald Berwick have already declared their candidacy for governor. Attorney General Martha Coakley is among several other high-profile Democratic candidates mulling a run.
The Democratic winner could potentially face a tough race with Republicans Gabriel Gomez and former Sen. Scott Brown also considering running.
Gov. Deval Patrick has said he will not seek a third term.
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