Monday, July 4, 2022

New Hanover taps former bank CFO to lead county finance department

Eric Credle will take over as the county’s new CFO June 14, according to a release from the county. (Courtesy photo)

NEW HANOVER COUNTY — Following the promotion of Lisa Wurtzbacher to assistant county manager, New Hanover has announced a new chief financial officer to take over the reins. Eric Credle will start June 14, according to a release from the county.

Credle, who grew up in Wilmington and graduated from Wake Forest University in 1990, has over 30 years of experience in the financial sector in North Carolina.

“I am grateful for this opportunity to return to a place I love and serve the community that helped shape me,” Credle said in a press release.

“Eric brings a wealth of knowledge and valuable experience to our organization that we believe will help us in continuing to be fiscally responsible and good stewards for our citizens,” New Hanover County Manager Chris Coudriet added.

Credle spent 24 years working as the CFO for First Bank in Southern Pines. From 1997 to 2021, Credle helped grow the company from its $375 million in assets at 33 locations to $10 billion across 122 branches by his retirement last November. The release noted Credle is skilled in annual financial reports, budgeting, mergers and acquisitions, investor relations, and taxes.

He also was a member of the rotary club and worked for volunteer organizations in Southern Pines during his career.

“While his previous career focused on the private sector, Eric has a history of being involved in many civic organizations with a passion for helping others in his community,” Coudriet said in the release. “These are traits we look for here at New Hanover County.”

Credle will oversee the management and function of the county’s finance department. He will be integral in helping develop the county’s budget, prepare the comprehensive annual financial report (CAFR), as well as handle purchasing, collections, debt management, and payroll.

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Shea Carver
Shea Carver is the editor in chief at Port City Daily. A UNCW alumna, Shea worked in the print media business in Wilmington for 22 years before joining the PCD team in October 2020. She specializes in arts coverage — music, film, literature, theatre — the dining scene, and can often be tapped on where to go, what to do and who to see in Wilmington. When she isn’t hanging with her pup, Shadow Wolf, tending the garden or spinning vinyl, she’s attending concerts and live theater.

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