Teresa Wilson makes first hire as city manager - wistv.com - Columbia, South Carolina |

Teresa Wilson makes first hire as city manager

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Jeff Palen (Source: City of Columbia) Jeff Palen (Source: City of Columbia)
COLUMBIA, SC (WIS) -

New Columbia City Manager Teresa Wilson has made her first hire in the position by appointing a new chief financial officer for the city.

The city announced Jeff Palen had been appointed to the position Thursday after a 4-year tenure as Columbia's city treasurer.

In a statement, Wilson praised Palen's work in his efforts to refinance city bonds to save money, rebuilding the city's financial reserves, and debt rating stabilization and upgrades from S&P and Moody's.

"Jeff will do very well in working with all departments to facilitate and assist with the development of new financing plans, programs and projects while also expecting compliance and accountability. Based on his proven track record in the private and public sectors, his solid relationships with our banking partners and financial advisors as well as his calm and personable demeanor with staff, Jeff will succeed in his new role as CFO for the City of Columbia," said Wilson in the statement.

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