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Press Release
Orange County Logo COUNTY OF ORANGE

March 30, 2004
Contact: Diane Thomas

County Names New Chief Financial Officer

(Santa Ana, CA) - County Executive Officer James D. Ruth today appointed Edward Corser as Deputy CEO/Chief Financial Officer (CFO). Corser follows Interim CFO Fred Branca who has served in that position for the last 12 months. Corserís appointment is effective May 17.

Corser has previously worked for the City of Los Angeles as Assistant City Administrative Officer where he helped managed the Cityís budget. Most recently, he was Finance Director for the County of Riverside. While at Riverside, Corser led the long-range financial planning, prepared and administered the annual County budget, and managed the debt issuance program. In addition, he worked with and supervised various department managers.

Corser has more than 37 years of experience in the field of public policy, finance/budget and administration. He received both a bachelorís degree in political science and public administration as well as a masterís degree in public administration from the University of Southern California.

"Selecting a talented and experienced candidate for this position is the cornerstone of effective, financial management for the County," said Ruth. "In these challenging times we are fortunate to have a professional like Corser joining our team. Fred Branca has been a stand-out performer. He did exceptional work at SSA and then agreed to help us in the CFOís spot. As Fred gets ready to retire, Iím confident that Ed Corser will bring strength to our organization and be a real asset."

The CFOís annual salary will be $175,000.