The City of Stockton has beefed up its financial management team with four key personnel moves, including the hiring of new Chief Financial Officer Matt Paulin.
City Manager Kurt Wilson announced Paulin’s selection Friday to replace former CFO Vanessa Burke. The 47-year-old has held various positions in budget and finance for the State of California over the past 20 years, including his most recent stint as the senior executive for the California Department of Finance.
Paulin said he relished the opportunity to serve the people of his hometown.
“It’s very appealing to me to make a difference in the community where myself and my family live,” he added.
In addition to Paulin’s hiring, the city manager announced two promotions Friday: budget officer Claire Tyson will now become assistant chief financial officer, while senior budget analyst Kimberly Trammel will take over as budget officer. The city has also hired former Patterson finance director Minnie Moreno as the financial officer for the Municipal Utilities Department.
Friday’s shakeup comes four years after Stockton became the largest city in the nation to declare bankruptcy.
“While successfully emerging from years of financial challenges, Stockton learned the lessons that now make it one of the largest and most fiscally stable cities in California,” Wilson said in a press release. “As we transition to the phase of institutionalizing these lessons, we have an opportunity to recruit the best talent as we build a strong financial team to continue Stockton’s forward progress. This new team includes homegrown University of the Pacific graduates, individuals with in-depth knowledge of our long-range financial plan, strong accounting backgrounds, and strategic finance perspectives.”
Read more about the recent hires and promotions here.