Former Philadelphia School District chief financial boss Michael Masch has landed at Manhattan College, where he was named vice president for finance and chief financial officer.
Masch was lauded by Manhattan College officials for his "outstanding record of accomplishment, and a strong desire to continue our mission," college president Brennan O'Donnell said in a statement. "The college is the beneficiary of his decision, after more than a decade in government and public education, to return to higher education." Masch was credited by the college for generating surpluses for the district, as well as "significantly reducing operating costs" and pioneering "investments in smaller class sizes."
Masch left the district last May after being removed from his district CFO position in January, 2012, when the then-new School Reform Commission revealed massive budget problems that, if uncorrected, would have left the district unable to pay its bills within a few months.
Masch was brought to the district when former Superintendent Arlene C. Ackerman came to Philadelphia in 2008. When the district was flush with state and federal stimulus cash, he helped implement Imagine 2014, her ambitious and expensive strategic plan. But by the end of her rocky tenure as schools chief, things had soured between the two, with Ackerman not speaking to her CFO and two separate budgets floating around district headquarters.