ADMINISTRATIVE REPORT
Date: June 18, 1999
Author/Local: Estelle Lo/7610
RTS No. 00824 CC File No. 1372Council: June 22, 1999
TO:
Vancouver City Council
FROM:
General Manager of Corporate Services
SUBJECT:
Recruitment: Director of Finance
RECOMMENDATION
THAT Council appoint Ray & Berndtson / Tanton Mitchell to undertake a national search to recruit the Director of Finance at an estimated cost of $48,000 (plus applicable taxes): source of funding to be Contingency Reserve.
GENERAL MANAGERS COMMENT
The General Manager of Corporate Service RECOMMENDS approval of the foregoing.
COUNCIL POLICY
Council approval is required for appointment of consultants to contracts exceeding $30,000.
Council approval is required for the allocation of funds from Contingency Reserve.
PURPOSE
This report seeks Council approval to appoint Ray & Berndtson/Tanton Mitchell to undertake a national search for the Director of Finance.
BACKGROUND
The Director of Finance has resigned to move on to a new position. An interim Director of Finance has been appointed until a new Director can be recruited.
DISCUSSION
Given the strategic senior management role that the Director of Finance plays in the organization, it is appropriate to undertake a comprehensive search for a replacement. Expressions of interest were sought from executive recruitment firms to conduct a search for a Director of Finance.
Criteria for evaluating submissions include : municipal sector experience; experience in
recruiting senior financial management positions, both in the public and private sectors; qualifications of the consulting team and research resources; reputation for successful searches, both internally and externally; ability to access candidates on a nation-wide basis; an understanding of the corporate culture and the City of Vancouver, thoroughness of the search process; fees and guarantee.CONCLUSION
Based on the evaluation, it is recommended that Council appoint the firm of Ray & Berndtson /Tanton Mitchell to undertake this search at an estimated cost estimated of $48,000, plus taxes. The source of funding for this assignment will be Contingency Reserve.
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(c) 1998 City of Vancouver