News Flash

2018 City News Releases

Posted on: July 13, 2018

City mourns loss of former Police-Fire Pension Task Force chair

FOR IMMEDIATE RELEASE


Mayor Ken McClure wishes to express his condolences to the friends and family of a man who helped chart the course toward financial recovery for the City of Springfield following the great recession of 2008.  Jerry Fenstermaker passed away earlier this week. Fenstermaker and was instrumental in establishing a remedy to the City’s Police-Fire pension and served as a co-chair of the City’s Police-Fire Pension Task Force.

“We are extremely grateful for the work Mr. Fenstermaker did as co-chair of the original police-fire pension task force,” McClure said, speaking on behalf of himself and his colleagues on City Council. “Like municipalities around the country, Springfield was facing serious financial challenges and addressing the pension shortfall was crucial to charting a financially stable path forward.”

Fenstermaker was the former president and CEO of Freedom Financial Group Inc. He also served in multiple leadership roles at Citibank, as well as the U.S. Army.

Former Mayor Jim O’Neal said Fenstermaker’s career focused on turning around companies and municipalities that faced financial crises.

“I will always appreciate what a great job he did in co-chairing the citizen task force to formulate our action in solving the police-fire pension crisis,” O’Neal said. “He worked diligently on the effort to pass the tax and his service and knowledge on the pension board was invaluable,” O’Neal said.


# # # 

 

For more information, contact Cora Scott, Director of Public Information & Civic Engagement, at 417-864-1009 or cscott@springfieldmo.gov. 



Facebook Twitter Email

Other News in 2018 City News Releases

Dec. 10 City Council meeting summary

Posted on: November 19, 2018

Nov. 19 City Council meeting summary

Posted on: November 19, 2018

Nov. 5 City Council meeting summary

Posted on: November 6, 2018

Oct. 22 City Council meeting summary

Posted on: October 23, 2018

Oct. 8 City Council meeting summary

Posted on: October 8, 2018

Sept. 24 City Council meeting summary

Posted on: September 24, 2018

Sept. 10 City Council meeting summary

Posted on: September 10, 2018

Aug. 27 City Council meeting summary

Posted on: August 27, 2018

Aug. 13 City Council meeting summary

Posted on: August 13, 2018

July 30 City Council meeting summary

Posted on: August 2, 2018

City of Springfield servers down

Posted on: July 30, 2018

July 16 City Council meeting summary

Posted on: July 16, 2018

June 18 City Council meeting summary

Posted on: June 18, 2018

City issues Zone Blitz Final Report

Posted on: April 30, 2018

City budget workshops begin

Posted on: April 24, 2018

April 23 City Council meeting summary

Posted on: April 23, 2018

April 9 City Council meeting summary

Posted on: April 9, 2018

March 26 City Council meeting summary

Posted on: March 26, 2018

March 12 City Council meeting summary

Posted on: March 12, 2018

Feb. 26 City Council meeting summary

Posted on: February 26, 2018

Feb. 12 City Council meeting summary

Posted on: February 12, 2018

Jan. 29 City Council meeting summary

Posted on: January 29, 2018

Jan. 16 City Council meeting summary

Posted on: January 16, 2018