Tag: Peter Rancatore

  • City appoints Michelle Byrde as Director of Finance

    City appoints Michelle Byrde as Director of Finance

    Michelle Byrde (on left) taking the oath of office on September 11

    Loveland, Ohio – City Council has appointed Michelle Byrde as the City’s new Director of Finance. Byrde has been with the City of Loveland since
    2012 and was appointed as Assistant Finance Director in February of 2015. She has also served as Acting Director of Finance multiple times.   Mayor Bailey who administered the Oath of Office to Michelle said, “Michelle has served the City with commitment over the last several years as our Assistant Finance Director, this new position is a natural transition and we all look forward to working with her in this new capacity.”

    Byrde’s annual base salary will be $80,000. Council agreed to purchase and to pay the premiums on a term life insurance policy equal to three times her base salary. Council also agreed to continue to provide hospitalization, surgical and comprehensive medical insurance for Byrde and her dependents as well as make required premium payments on behalf of Byrde for insurance policies for life, accident, sickness, major medical and dependents coverage group insurance covering her and her dependents. Coverage shall be the same as that provided to all other non-union employees.

    Byrde replaces Peter Rancatore who resigned on August 14. Rancatore was being paid a base salary of $90,000.

    Background: Peter Rancatore, Jr. resigned as Loveland’s Finance Director after 68 days on the job.

    Employment opportunity – Assistant Finance Director



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  • Loveland again searching for Finance Director

    Loveland again searching for Finance Director

    Loveland, Ohio – Peter Rancatore, Jr. resigned as Loveland’s Finance Director after 68 days on the job.

    Rancatore’s first day on the job was June 8, 2018, and he submitted a letter of resignation on August 14 saying his last day on the job would be September 3. Council voted to accept his resignation and a separation agreement at their regular meeting on August 14.

    Rancatore said, in part, in the letter to Mayor Kathy Bailey:

    Thank you for the opportunity to serve the City Of Loveland. Loveland is an outstanding community with friendly people, excellent leadership, and a great workforce. I have enjoyed my service here immensely and will forever remember the people and their pride in the community. Unfortunately, I have decided to end my employment here to pursue opportunities closer to my family, effective as of the end of the close of business on September 3rd, 2018.

    Rancatore formerly served as the Finance Commissioner for the City of Toledo in addition to serving as the Chief Deputy Auditor of Lucas County, Ohio.

    Peter Rancatore Jr. took his oath of office, administered by Mayor Kathy Bailey, on June 12, 2018. – Photo by City of Loveland.

    Rancatore was hired after previous Finance Director, Kelly Flanigan took the job of Finance Director at Miami Township, Clermont County this past February.