QUICKLY, RED BANK TAPS NEW CFO

By DUSTIN RACIOPPI

money-full-columnBruce Loversidge can go back to retirement. Again.

Red Bank’s former chief financial officer and go-to guy to fill in for his outgoing successors will be relieved of his interim duties at the end of the month.

In speedy fashion, the borough has hired Spring Lake Heights’ financial chief to take over the post last held by Frank Mason, who left last month to become CFO in Montclair.

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MASON OUT, LOVERSIDGE & VALET IN

frank-mason1Frank Mason, soon to be Red Bank’s former CFO, at his final council meeting Wednesday night. (Photo by Dustin Racioppi; click to enlarge)

By DUSTIN RACIOPPI

Red Bank council members unloaded their attaboys on Frank Mason Wednesday, bidding a formal farewell to the borough’s outgoing finance chief, whose last day on the job is next Friday.

Mason, who’s taking the same position in Montclair, will be replaced, on an interim basis, by Bruce Loversidge, who held the position for more than 30 years before he retired.

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RED BANK CFO TAKES A BETTER OFFER

frank-mason-010111Frank Mason, seen here with borough Engineer Christine Ballard, will become CFO in Montclair. (Click to enlarge)

The keeper of Red Bank’s checkbook is leaving the borough government to take a similar job in Essex County.

Frank Mason, who has served as the borough’s chief financial officer since 2006, will become CFO for Montclair in late July, according to Red Bank Administrator Stanley Sickels.

“Montclair offered him a $25,000 increase, and it’s a big opportunity for him,” Sickels tells redbankgreen. “We love him dearly, but we can’t afford to match that.”

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