On Tuesday, Oct. 8, Columbia City Manager John Glascock announced the selection of Matthew Lue as the new director of finance for the City of Columbia, beginning Monday, Nov. 4.
Lue has over 13 years of private and public-sector experience in accounting and management. He began his career in finance with Children's Mercy Hospital in 2006 as the treasury accountant and was named the treasury analyst in 2010. In April of 2015, Lue was selected as the finance director for the City of Warrensburg, Missouri, where he currently works and resides.
"I am impressed with Matthew's knowledge, experience, and attitude and believe he will have an immediate impact toward continuous improvement regarding sound financial management of our residents' tax monies." City Manager Glascock said. "Matthew has connections to Columbia and mid-Missouri and brings with him extensive experience in both private and public sector financial management."
Lue earned a Bachelor of Business in Finance at the University of Central Missouri (formerly Central Missouri State University) in 2006 and earned his MBA in Healthcare Administration in 2013 from Avila University in Kansas City, Missouri.
"It is an honor to be able to join this great community and maintain the City's mission to serve the public through democratic, transparent and efficient government," Lue said. "With my family being from Mexico, Missouri, I spent a lot of time in Columbia growing up. My family and I look forward to making Columbia our home and being part of this wonderful community."
The director of finance position is currently held by interim Janet Frazier, who has served since September 2018.
"I can't thank Janet Frazier enough for her service to the Finance Department and to our city as she filled a temporary role as interim director of finance for many more months than she expected," Glascock said. "Janet provided the steady leadership needed to produce the fiscal year 2020 budget, maintain balanced day to day operations, and shared her many years of experience with not only team members in Finance, but with all of us. I wish Janet the very best in her ‘second' retirement from the City family."
Lue's annual salary will be $145,400 and includes the benefits package for department directors. A swearing-in ceremony will occur on Monday, Nov. 4, at 7 p.m., at the City Council meeting.
A photo of Lue is attached to this release.