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The original item was published from 7/1/2015 10:08:41 AM to 7/11/2015 12:00:07 AM.

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City of Allen Headline News

Posted on: July 1, 2015

[ARCHIVED] City of Allen Hires New Chief Financial Officer

Eric Cannon hired as the Chief Financial Officer for the City of Allen

Allen has hired Eric Cannon, Chief Financial Officer for the Town of Addison, to lead the city’s finance department. Cannon boasts extensive municipal experience and award-winning budgeting skills; he also holds certifications as a governmental financial officer and public accountant.

“Mr. Cannon exemplifies Allen’s commitment to customer service, personal integrity and financial transparency,” said Peter Vargas, Allen City Manager. “We look forward to the leadership and innovation he will bring to our finance department and, ultimately, to our citizens.”

Cannon spent three years as Addison’s CFO, where he improved controls and increased efficiency in the town’s purchasing process. Addison’s annual budgets and financial reports earned “Distinguished Budget Presentation” and “Excellence in Financial Reporting” awards from the Government Finance Officers Association during each year of his tenure. He also managed the town’s transition to new financial software.

Cannon has received national attention for his commitment to financial transparency. In May he spoke about Addison’s innovative public outreach methods at the Government Finance Officers Association’s annual conference.

"I am honored and excited to be the next Chief Financial Officer for the City of Allen,” said Cannon. “I understand that opportunities to work in such a proud and reputable community under the direction of such a distinguished City Manager are few and far between. I am optimistic about my future with the City of Allen, and look forward to many successful years ahead."

Prior to joining the Town of Addison, Cannon worked as the director of finance for the Town of Trophy Club where he helped restructure the town’s economic development corporations and supervised municipal court. He also worked as the accounting manager for the City of Azle; a staff auditor for Hartman, Leito & Bolt, LLP; and a staff accountant for Baird, Hampton & Brown. Cannon holds bachelor degrees in business administration, accounting and finance from Texas Christian University

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