(Star-News (Wilmington, NC) Via Acquire Media NewsEdge) June 09--The board that oversees the Wilmington Housing Authority has hired Katrina Redmon as its next chief executive officer.
Board Chairman Jeff Hovis praised Redmon as having a "successful history in the public and private sector."
Redmon is the vice president/chief development officer at the Housing Authority of Winston-Salem, where she has also been a chief financial officer and a deputy director. At a brief special meeting Monday morning, the authority's board approved a contract to hire Redmon as CEO. All board members present voted to approve the contract except Alfredia McDonald, who abstained from the vote but didn't explain why.
Redmon's three-year contract expires on Aug. 3, 2017. Her base annual salary is $167,000, although she is eligible to receive additional pay based on performance ratings in her annual evaluation.
She will also receive a $700 monthly car allowance and a $200 cellphone allowance. She has 20 days of annual leave per year and may be reimbursed up to $3,000 in moving expenses. She begins as CEO on Aug. 4, according to the contract.
Redmon is a certified public accountant and a licensed real estate broker.
Hovis said he thinks Redmon will be able to use her experience to pursue alternatives to traditional public housing to increase affordable housing. He noted she was instrumental in doubling the revenue of a private company she previously worked for.
"We might have to be a little nonconventional," Hovis said, adding that the authority should generate more of its own income. About 80 percent of the authority's revenue is from federal subsidies.
At the Winston-Salem authority, Redmon oversees all real estate development and master planning, according to a biography.
Larry Woods, the CEO of that authority, has said Redmon "has been very instrumental in changing the community's perception of the housing authority from a traditional federally funded housing provider to a real estate planning and development company," according to a past news release.
The Wilmington Housing Authority previously released transcripts of interviews with two anonymous finalists for the CEO position. On Monday, those transcripts were no longer posted on its website.
Hovis said the authority will release Redmon's interview if she signs a written release. Redmon did not immediately return a message left Monday morning.
Vernice Hamilton, the authority's human resources director, has served as interim CEO since September 2013. The board fired then-CEO Michael Krause on Sept. 12 after his second impaired driving arrest in Wilmington. That case is pending.
Krause, who had been CEO for about five years, earned $142,000.
Julian March: 343-2099
On Twitter: @julian_march
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