15 seeking CFO job with Cobb schools
by Lindsay Field
Jun 21, 2012 | 1608 views | 17 17 comments | 4 4 recommendations | email to a friend | print
MARIETTA – Cobb Superintendent Dr. Michael Hinojosa said he received 15 applications from people who want to be the district’s next chief financial officer when Mike Addison retires in September.

“We had some good candidates,” Hinojosa said Wednesday, though he refused to say how many applications were from internal candidates.

Hinojosa wants to recommend a candidate to the school board at June 28 meeting.

“If we don’t have the quality, then we won’t rush it,” he added. “We will give it more time if needed.”

The district accepted applications for the job during a two-week window from June 5 through Tuesday night. Hinojosa said that is the only place the opening was posted.

“This is such a technical position, we are really interested in someone who knows about Georgia and Georgia school finance,” he said, though he added that some applications came in from Florida and California.

School board member Lynnda Eagle, who represents northwest Cobb, said she was glad to hear that Hinojosa has received a variety of candidates.

“It’s one of the most critical positions next to superintendent,” she said. “It’s good news that we’re getting lots of applicants. I had some concerns about it.”

According to the district’s job site, the new finance chief could earn between $109,968 and $141,894, although his salary was $122,945 last year.

The job requires a master’s degree in finance or a related field, as well as a minimum five years of experience in financial management.

The chief financial officer is responsible for the district’s nearly $1 billion annual budget.

“This is one of the most important positions we have,” Hinojosa said.

Hinojosa also said that while he’s thoroughly enjoyed working with Addison professionally, he’d miss him being around the central office.

“He’s so smart and so smooth and so well-respected,” he said. “Not only does he do the budget, but he’s at all the staff meetings. That’s not always the case for CFO’s, but Mike has a great relationship with all the people around here and that’s going to make it especially tough.”

School board vice chair David Morgan agreed.

“(Addison) set a very high threshold and standard, so I think whoever that person is, will have tough shoes to fill,” Morgan said.

Addison, 55, is retiring effective Sept. 30 after 29 years with the district. He came to the district in 1983 as an account supervisor from KPMG. He was born and raised in Cobb and graduated from Sprayberry High. Addison Elementary School in Marietta is named for his grandfather, the late W.P. Addison.

Addison’s wife, Beverly, also worked for the district before retiring in October.
Comments
(17)
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Mad Mom
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June 22, 2012
June 28th????? How can this happen???? We took longer than this to hire an employee at our business. We had 3 candidates and the job is for $40,000 per year. This is a pretty quick hire if you ask me.... Must already have someone in mind.... hmmmmm......
believeher
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June 22, 2012
You think? That is exactly how the District works.
KSUsed
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June 21, 2012
Okay....can we get the group that cleaned up the EMC to start on the schools next ! ! !
Working til I Drop
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June 21, 2012
"The Board drove him to retirement"? Are you for real? He can draw his very nice retirement, have health insurance accessibility and his wife has done the same thing, so I have no pity whatsoever for him. They can both get another job if they do desire or just enjoy retirement. How many people outside of government jobs can retire at 53 or 54 or 55?
Oznet
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June 21, 2012
Mike Addison is the epitome of what a CFO should be - integrity, integrity, integrity! Our Board should be ashamed that they have driven him to retirement. Let's see how many more quality people we continue to lose here in Cobb as a result of that kind of treatment. Congratulations Mike - I am happy for you, but this is a sad day for the Cobb County School District!
Sally Jane
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June 21, 2012
Mr. Addison is not leaving due to being run off by the Board. He is leaving due to the TRS discontinuing a 3% increase in the pensions as of December 31, 2012.

Mr. Addison is not the epitome of a CFO. It is not a sad day for Cobb County School District.
Gov't vs Private
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June 21, 2012
On a subject unrelated to Mr. Addison personally, but related to his circumstance- Retiring at the age of 55. This is one BIG reason it is so great to work for the government and I am a little tired of the education group/government group bemoaning their employment issues. What other industry, except a government (local, state, federal) job, is this possible? And they also retire with guaranteed accessibility to reduced cost health insurance, which is not possible in the vast majority of private sector retirement plans.

When it comes to those retired from the upper tiers of the education field in particular, look at who is working at some of the local private schools around the area or consulting to local counties? Retired government employees. Teachers in math, science and language fields are also finding a second career by choice after government retirement. Mr. Addison can now either enjoy life and his free time or he can start another career and eventually have 2 retirement incomes. What nut said that people want to be employed until they drop? I encourage young people to apply for government jobs. I wish I had.

Retiring at the age of 55...what a fortunate man.
cobb voter
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June 21, 2012
No disrespect directed at Mr. Addison but I have to agree with your thoughts on retirement at the age of 55. That is ridiculously early but made possible by our governing class. It really does make me think twice about feeling concern for the employees' complaints about being underpaid among other issues associated with working for the school system.
HRwatcher
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June 21, 2012
So recommend an applicant without any interviews? Really? Someone in charge of a billion dollar budget and you want to only take apps from 15 people and not advertise nationally. Sounds like some is already tagged for that job!
Habits
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June 21, 2012
I agree with this HR watcher. The Board needs to advertise nationally for this job. It's a very important job requiring the skills of a competent accountant and it needs to be treated as such.
CCSD Employee
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June 21, 2012
I have thoroughly enjoyed working under Mike Addison. He is truly a class act!
ChristX
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June 21, 2012
Who in the world would this comment be coming from?

LOL
anonymous
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June 21, 2012
And, was his departure related to the disrespect shown to him by Mr. Banks at the spring board meetings?
Cobb Taxpayer
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June 21, 2012
Mike has earned his retirement, just like his wife ! Banks is tough but not feared, if that was the case the halls of Glover Street would be empty and silent.
ChristX
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June 21, 2012
I doubt it seriously. The TRS has discontinued a 3% increase as of December 31, 2012 which they have been giving to retirees.
Kennesaw Resident
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June 22, 2012
TRS should have discontinued the increase before now, as many state employees have not been getting a raise for sometime. What took so long for TRS to stop this 3% increase?! How can you continue to give retirees an increase while working employees are getting furloughed and pay cuts? That is ridiculous.
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