Mayor John Hickenlooper Thursday named a private sector financial executive to be Denver’s first chief financial officer.
Last November Denver voters approved a restructuring of the city’s financial system.
Claude Pumilia, will oversee the city’s transition when he begins in April and take over the city’s top financial post in January 2008.
Pumilia’s experience as a senior financial and business executive includes such Fortune 100 companies as Compaq Computer Corp., Hewlett-Packard Co. and, most recently, CA Inc. in New York. He also served as a strategy consultant with McKinsey & Company Inc.
“We are incredibly fortunate to have been able to attract someone with Claude’s diversity of experience and track record of success in the private sector,” Hickenlooper said in a release.
“I believe he is the perfect person to lead our efforts to make good on the promise of ballot question 1B to implement a financial structure that mirrors the best practices of the public and private sectors, enabling us to deliver better service, performance and accountability for the citizens of Denver.”
