The City of Costa Mesa is pleased to announce that Stacy Daugherty, a strong financial leader with 14 years of experience in the industry, will become the new director of the city’s Finance Department at the start of the year.
Daugherty, who currently leads the Fiscal Services Division of the City of Pasadena, will replace Interim Finance Director Steve Dunivent, who is leaving the city after four years of dedicated service.
“We are extremely lucky to have found someone with Stacy’s experience and background,” City Manager Tom Hatch said. “She has it all. She is bright, talented and personable and her last role gave her significant experience comparable to what her responsibilities will be here. She is a great fit for this important position.”
In Pasadena, Daugherty led the Fiscal Services Division, supervising the purchasing, accounts payable, budget and accounting teams and managed all citywide financial policies and procedures. Her duties ranged from the adoption and forecasting of the city budget, reviewing and monitoring the fiscal impact of city projects and programs and managing the city’s fiscal analysis plan.
She worked closely with the city manager and advised executive leadership on long-range financial planning, labor negotiations and special projects.
“To be a part of a stellar organization is a wonderful opportunity,” Daugherty said. “Embarking on the next chapter of my career with the talented staff of the city of Costa Mesa and supporting its citizens, mayor and council is an ideal pairing. I look forward to our future success.”
Prior to her work in Pasadena, Daugherty spent 11 years at two of the state’s largest public utilities.
For five years she was a senior financial analyst for Southern California Edison, where she managed budgets, provided fiscal forecasts and established revenue requirements for the Information Technology, Financial and Operational Services and Customer Services divisions.
From August of 2006 to January of 2011, she was employed as an accounting financial analyst for San Francisco-based Pacific Gas and Electric Company where she applied her economics and accounting education to help manage customer billing, regulatory requirements and all aspects of the company’s financial statements.
Daugherty has a Bachelor of Arts degree in economics from the University of California, Santa Cruz and is currently in her last semester in the Executive Masters of Business Administration degree program at the University of Southern California’s Marshall School of Business.
She will begin her career in the City of Costa Mesa on Jan. 2, 2018.