Pleasanton names new finance director

Pittsburg's chief financial officer to succeed Emily Wagner

Tina Olson has been named the new Finance Director for the city of Pleasanton, succeeding Emily Wagner, who is retiring but will stay on in a temporary position until Oct. 1 on special financial assignments.

Olson, who most recently served as the Director of Finance and Administration for the city of Pittsburg, will start work on Feb. 2.

Olson became chief financial officer for Pittsburg in 2010 after holding a number of key positions for the city and county of San Francisco, including serving as deputy director of finance and administration for Port of San Francisco.

During her 5½ year tenure at the Port, Olson was responsible for six consecutive fiscal year capital budget cycles, working closely with then-Mayor Gavin Newsom, San Francisco's city controller's office and the San Francisco County Board of Supervisors. She was also responsible for the development and implementation of the Port's 10-Year Capital Plan.

Olson has a bachelor's degree in Economics from the UC Santa Cruz and a Master's in Public Administration from San Francisco State University.

Wagner, a former investment banker with vast finance experience in private and public sectors, including in Pleasanton, was named finance director in 2010.

In the late 1970s and early 1980s, she served here as the assistant city manager and director of finance, leaving in 1985 to become an investment banker. She spent the next 12 years with public finance firms before starting her own firm.

She rejoined the city in May, 2006 in the new position of economic development fiscal officer, working with both City Manager Nelson Fialho and Director of Economic Development Pamela Ott on major city projects that have included the Bernal property financing, ACE train station location, permit streamlining and downtown parking improvements.

After presenting the comprehensive annual financial report for the fiscal year that ended last June 30 to the City Council Tuesday night, Wagner thanked the council and city staff for "the privilege of working for the city of Pleasanton.

"It's been my pleasure to work for the city and I appreciate this opportunity," Wagner said. "My husband and I came here in 1974 after graduating from college, and I actually graduated from Amador Valley High School. I feel very fortunate to have the chance to work here."

City Manager Nelson Fialho said Wagner has agreed to stay on for the next few months in a special capacity to review and develop financial plans for specific projects. These will include determining the financial requirements for building a new public library and possible a new civic center, and also reconfiguring the contributions required from developers who build in Pleasanton.

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1 person likes this
Posted by Anne
a resident of Castlewood
on Jan 22, 2015 at 11:05 am

Emily, thank you for your service to our city!

Like this comment
Posted by Gene Schaffer
a resident of Birdland
on Jan 23, 2015 at 12:49 pm

Absolutely true - Emily Wagner was a true asset to our community. Thank you Emily for your years of service in guiding Pleasanton through the pitfalls of Cal Pers unfunded liabilites.

Like this comment
Posted by Arnold
a resident of Another Pleasanton neighborhood
on Jan 24, 2015 at 1:12 am

I also thank Emily for her work in helping to guide Pleasanton through difficult financial times. And I mean that. Unfortunately the pitfalls related to the CalPERS unfunded liability & the unfunded retiree health care liability, and the huge debt which still lingers, will be with us for decades.

That isn't on Emily. I think she did a great job.

Like this comment
Posted by Calpers
a resident of Livermore
on Jan 26, 2015 at 10:13 am

Really, another high paid employee sticking around drawing another paycheck from the City.....let's talk about double-dipping.....

1 person likes this
Posted by Lugnut
a resident of Amador Estates
on Jan 26, 2015 at 10:48 am

Fire Chiefs, 2 of them diddouble dipping on their retirements. Bill Cody, who was a disaster for Pleasanton and now Torres, who will get a City of S. J. RETIREMENT and then once he has been Chief in Pleasanton for 5 years, get a state Calpers Retirement. Good work when you can get it. Rank and file don't get their lucrative deals. Management can.

Like this comment
Posted by Damon
a resident of Foothill Knolls
on Jan 26, 2015 at 11:42 am

@Lugnut: "now Torres, who will get a City of S. J. RETIREMENT and then once he has been Chief in Pleasanton for 5 years, get a state Calpers Retirement. Good work when you can get it. Rank and file don't get their lucrative deals. Management can."

Isn't any state worker vested into the Calpers retirement system after working for 5 years? As for Torres and whatever retirement pay he may be getting from San Jose, that's a matter between him and the city of San Jose. Why should that have any bearing on any employment contract between him and Pleasanton?

Sorry, but further commenting on this topic has been closed.

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