Former District fiscal chief Michael Masch will start work next week as vice president for finance and chief financial officer of Manhattan College, a Catholic institution in New York City.
The college's press release announcing his appointment praised his work in Philadelphia. It said he "generated the district's first surpluses in a decade, significantly reduced operating costs, pioneered new investments in smaller class sizes, and improved instructional technology and other reform measures. In 2011, he relinquished supervision of district operations to focus full time on a massive budget crisis that confronted the district in the wake of a 15 percent cut in state and federal funding."
In the statement, college president Brendan O'Donnell said that the college "is a beneficiary of his decision" to leave government and return to higher education.
Masch, who had previously worked as Pennsylvania's budget director under Gov. Rendell and as a vice president at the University of Pennsylvania, steered the District through tough financial waters -- and not always smoothly.