Welcome Mark Ruff, the new chief financial officer
Mark Ruff is the City’s new chief financial officer. As CFO, Ruff will serve as director of the Finance and Property Services Department, overseeing more than 250 employees in its five divisions: controller, enterprise financial management, property services, procurement and treasury. His responsibilities will include financial planning and management, budgeting, general accounting, cash management, risk management, debt management, pension planning, utility billing, City construction efforts, and maintenance of City facilities.
Ruff joins the City after more than 25 years in public finance in Minnesota working as a consultant with Ehlers Companies for large and small cities and counties. He focused on financial planning, bond issues and real estate projects. He helped the City of Minneapolis secure interim financing for the Nicollet Mall renovations and worked on funding for the Northstar Commuter Rail project, the City of Duluth’s waterfront revitalization, the State of Minnesota’s 911 emergency radio system and Ramsey County’s purchase of the former Army ammunition plant in Arden Hills.
Ruff earned the designation of Certified Independent Professional Municipal Advisor from the National Association of Municipal Advisors. He graduated summa cum laude from Concordia College with a bachelor’s degree in political science. He earned a master’s degree in public affairs from the University of Minnesota’s Humphrey School of Public Affairs.
Ruff was a board member and past president of the Minnesota Institute of Public Finance. He is also a member of the Minnesota Government Finance Officers Association, National Association of Independent Public Finance Advisors, National Association of Housing and Redevelopment Organizations, Economic Development Association of Minnesota, and Urban Land Institute. He volunteers with several non-profit organizations including Common Hope in Guatemala and Common Bond in the Twin Cities.
Published Apr 4, 2016