Tuesday, November 20, 2012
Flower Mound appoints Roanoke City Manager Jimmy Stathatos as new Town Manager
In Roanoke, Stathatos helped create 3,700 new jobs and approximately $1 billion in new development projects.
Stathatos has served as city manager in Roanoke since 1998 and has managed the organization through some of the most rapid and dynamic growth of any municipality in the state, while maintaining one of the lowest property tax rates in Texas. During his tenure, Roanoke’s tax base grew from $99 million to approximately $1.7 billion and sales tax revenue increased to more than $10 million a year.
Mayor Tom Hayden and the town council were unified in conveying the qualities the new Flower Mound town manager must possess to Keller-based SGR Executive Search. These prioritized criteria included experience as a town manager or assistant town manager in a premier quality-of-life community in the Dallas/Fort Worth area, a track record of success in spurring high quality economic development, and a proven commitment in creating a successful organizational culture that is passionate about customer service. The qualified candidate must also be an authentic leader who has inspired and motivated employees while creating a positive and productive workplace with a history of results-oriented management excellence, and a serious commitment to be a good steward of taxpayer resources.
During the search for the next town manager, SGR Executive Search discussed numerous prospective candidates with the council, resulting in a field of eight top applicants. After further discussion, the field was narrowed to three candidates, who were then invited to interview with the council.
“All three finalists are exceptional managers with an outstanding reputation and track record, who are well-known throughout the state,” Hayden said. “The council was confident that any one of the three could be an exceptional town manager for the next stage of Flower Mound’s history. We had an incredibly strong group of finalists to select from and were highly impressed with all three.”
Although Mayor Pro Tem Kendra Stephenson was out of town for Monday's council meeting, she stated, “I am excited about our next Town Manager. We had an incredibly strong field of contenders to choose from.”
One of the factors that tipped the council toward Stathatos was his extensive hands-on experience and track record in economic development. As city manager, Stathatos directs and manages Roanoke’s economic development program, which has helped create more than 3,700 new jobs and approximately $1 billion in new development projects including General Motors, Citigroup, and many other Fortune 500 companies.
The Texas Economic Development Department recognized Roanoke’s success with its Community Development Award, and the Dallas Business Journal recognized Roanoke twice for “Best Real Estate Deals.”
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