FOR IMMEDIATE RELEASE
January 10, 2018
WAYNE COUNTY NAMES HENRY DACHOWITZ AS NEW CHIEF FINANCIAL OFFICER
Dachowitz led financial turnaround in Nassau County, New York in early 2000s
DETROIT - Wayne County Executive Warren C. Evans today announced the selection of Henry M. Dachowitz as the County's new Chief Financial Officer (CFO). Dachowitz brings over 40 years of experience as a finance professional to the position, including four years as Treasurer of Nassau County, New York, where he led a nationally-recognized financial turnaround.
"We've made tremendous progress stabilizing Wayne County's finances but there is more work to be done," said Executive Evans. "It's critical that we hire the right person as CFO to continue guiding us through the Recovery Plan. Henry brings a lifetime of experience and a track record of success to Wayne County. I'm looking forward to working with him as we move forward with finishing the jail project and finding cost-effective solutions for the County's infrastructure issues."
As Nassau County's Treasurer from 2002-2006, Dachowitz produced four budget surpluses and achieved 11 bond-rating increases. He was also responsible for computerizing their debt tracking system and established a compliance department to ensure greater accountability of tax dollars. Prior to joining Wayne County, Dachowitz was the founder and CEO of his own financial and management consulting firm, Expert CFO Advisor.
"I look forward to building upon this administration's success re-establishing Wayne County's solid financial foundation," said Dachowitz. "I'm excited for the opportunity to use my experience, in both the private sector and Nassau County, to help Wayne County improve operations and continue the positive momentum."
Since taking office in 2015 in the midst of a financial emergency, the Evans Administration navigated Wayne County through a Consent Agreement with the state, produced three consecutive budget surpluses, and increased the county's pension standing from 45% to 54% funded. Former CFO and Chief Restructuring Officer Tony Saunders, who authored Wayne County's successful Recovery Plan, left the County in 2017 to lead his own consulting business.
Dachowitz begins as Chief Financial Officer on January 16, 2018.