Mayor to Seek New Chief Financial Officer
Mayor Greg Fischer announced today that he will seek a new Chief Financial Officer for Metro Government following the resignation this morning of Steve Rowland.
Budget Director Daniel Frockt will remain as interim CFO and interim director of the Office of Management and Budget while the search is underway.
Rowland has been the CFO for Fischer since he took office in January 2011 when the administration inherited a budget with a $20 million structural deficit. In four years, the budget was returned to structural balance, a significant achievement that was completed with minimal impact to employees, city services or the city at large.
Even with tight budgets during Rowland’s tenure, the award-winning Southwest Regional Library was constructed and numerous efficiencies were created in city government, including centralizing office managers to save taxpayers $1 million per year.
Under Rowland’s leadership, he and his team had audits with no major findings and, just last month, they won the Distinguished Budget Presentation Award from the Government Finance Officers Association.
Rowland submitted his resignation letter this morning, and the Mayor accepted it.
“Steve has been an excellent CFO for the city and for the taxpayers,” Fischer said. “I wish him the best.”