Kansas City Taps Lubbock Finance Chief for CFO Position

CHICAGO - Kansas City, Mo., city manager Wayne Cauthen announced the hiring of former Lubbock, Tex., finance chief Jeffrey Yates to fill the city's chief financial officer position, left vacant by the departure of Deb Hinsvark.

Yates, who had served as CFO for Lubbock since 2005, will start Sept. 1. He was also previously director of fiscal policy and strategic planning for the city from 2004 to 2005 and was a budget officer for Portsmouth, Va., and a budget analyst for Virginia Beach.

"Jeff is a talented and proven financial manager who has effectively dealt with capital improvements projects, internal financial control measures, the annual budget process, and enterprise fund rate issues, among other things," Cauthen said in a statement. "Jeff was selected after a deliberate search process and will be a great asset to city staff, the city council, the mayor, and the community as a whole." He will earn $135,000 a year.

Yates fills a post left empty after Hinsvark's sudden resignation last September following clashes with Cauthen. Hinsvark was hired in 2005 by Cauthen. She had managed debt financings for the city and county of Denver since 2000 prior to her move to Kansas City. She also had served as the chief financial officer for Colorado's Ocean Journey aquarium from 1995 to 2000.

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