Riverside County’s budget guru is retiring and will be replaced by a former finance director who served as treasurer/tax collector.
Ed Corser’s last day will be Sept. 10, the county announced in a news release Thursday, June 18. He has served as finance director since February 2010.
Corser previously held the job from January 1998 to May 2004. He then left to serve as Orange County’s chief financial officer and later as manager/CEO for Los Angeles County. He has almost 50 years’ experience with municipal finance.
Replacing Corser will be Paul McDonnell, a former Wall Street financial adviser who held the post from November 2008 to December 2009. He also served as county treasurer/tax collector, an elected office, from 1998 to 2008.
The finance director job pays between $138,000 and $255,000 annually.