Tuesday, October 23, 2012

Beltline's finance director steps down

Posted By on Tue, Oct 23, 2012 at 10:25 AM

The Atlanta Beltlines Eastside Trail during Atlanta Streets Alive
The Beltline's finance chief has left the project, becoming the second top executive to exit in the last two months.

Richard Lutch, who's served as Atlanta Beltline Inc.'s director of finance for nearly five years, submitted his resignation letter to Interim CEO and President Lisa Gordon on Friday. In the letter, which CL obtained yesterday via an Open Records Request, Lutch gives no reason for his departure but offers ABI his assistance during his transition.

Lutch, who joined the organization in January 2008, was responsible for all of ABI's financial activities.

A Beltline spokesman on Monday declined to comment on why Lutch stepped down, calling it a personnel matter. A Facebook message to Lutch has not been returned.

His departure comes two months after the Beltline's board of directors voted to end the contract of Brian Leary, ABI's former CEO and president, after a brouhaha over how officials tasked with developing and planning the $2.8 billion project spent public dollars. An AJC review of ABI's expense reports found project officials purchased a wedding gift, paid off a parking ticket, and ate at fancy restaurants.

The Beltline spokesman says the finance director job should be posted in the future.

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