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John Clark, newly appointed Malden CFO, resigns

Posted by Matt Byrne  May 31, 2012 02:15 PM

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John Clark, the newly appointed Chief Financial Officer and Treasurer of Malden, has declined the position, citing family considerations, the city has said. The announcement came two days after the City Council approved his $110,000 starting salary.

The notice was made in a two-sentence message from At-large Council and Finance Committee Chair Gregory Lucey, sent to the other members of the council and the press. 

"I was disappointed to hear the news," said Malden Mayor Gary Christenson, reached by phone Thursday. "I'm not discouraged, I'm right back at it. I think we go right back to the drawing board."

The mayor said that while his current budget proposal will not be impacted, a capital improvement program in the works would be helped by someone specializing in bonding and long-term financial planning.

In the notice to the councilors, Lucey promised for the committee members would "continue their due diligence to fill this important position for the City of Malden."

In a phone interview, Lucey said that Clark's resignation is ill-timed, but that he was confident the council would not break for the summer without a plan in place to replace him. The position has been left vacant since January 2010, Lucey said.

Now the finance committee members will have to decide if the position should be advertised in the same way, he said.

Long's appointment was passed by the council May 22 and approved by Mayor Gary Christenson two days later. Clark is the Treasurer/Collector for the town of Billerica. He did not immediately return a message seeking comment.

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