|
|
Article: Chicago CFO Knorr Leaves For Salomon: Former Comptroller Joins private Sector.
- Article from:
- The Bond Buyer
- Article date:
- April 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Chicago's venerable chief financial officer Walter Knorr has decided to leave city government after more than a decade -- first as comptroller and then as the top fiscal officer -- to join Salomon Smith Barney Inc. as a managing director in what market participants called a major coup for the firm.
Knorr -- one of just a few original cabinets members to still remain with Mayor Richard M. Daley since he took office in 1989 -- informed his boss and staff last week that he was leaving for the private sector. "He is resigning for personal reasons, it's a personal decision, and he leaves with sadness," said finance department spokeswoman Lisa Schrader.
...