The Holmdel Township Committee appointed Andrew Katz to be the municipality's new business administrator at its meeting Thursday. Katz begins his new job on September 30, 2011.
Katz will replace interim Business Administrator Ray Wilson, who has agreed to stay on as long as needed to help Katz with the transition.
The township will pay Katz $115,000 annually, and his contract ends on December 13, 2013, according to Township Attorney Duane Davison. His full benefits package includes 15 vacation days, 12 sick days and 3 personal days, with no payouts or carryovers, said Davison.
Mayor Patrick Impreveduto said, "We did an extensive search as a Township Committee. Mr. Katz was one of three finalists, and in discussion between Township Committee members we felt he was an excellent fit for what we are trying to accomplish in Holmdel."
In his introduction during the meeting, Impreveduto said that Katz is a native of Essex County, and that he had spent ten years in the Marine Corps, both in the infantry and as an intelligence officer.
He said that Katz has 15 years experience in municipal management, with a specialty in community redevelopment projects. "That community development will surely help us along as we move ahead with the Lucent project," said Impreveduto.
Katz has been involved in re-development programs in California and Oklahoma, the mayor said.
"He is the former township manager of Galloway, which was then the fastest-growing community in the state of New Jersey. He developed there a balanced comprehensive growth plan, which included the development of a town center and neighborhood village, as well as commercial zones, and he managed the development process for a large HUD in New Jersey," said Impreveduto.
Four out of five Committee members voted to pass a resolution agreeing to hire Katz. The fifth member, Committeeman Rocco Pascucci, was absent.
With the hiring of Katz and the recent promotion of Tax Collector Jeanette Larrison to also assume the duties of Chief Financial Officer, the township is rebuilding its financial team since the retirement of Joseph Annecharico, who held both positions for several years until 2010. Since then the work has been done by interim or contract employees.