Print
Government

Former First Bank Exec Named CFO Of New Hanover County

By Staff Reports, posted May 23, 2022
Eric Credle
A  30-plus-year veteran of the financial sector in North Carolina is the new chief financial officer for New Hanover County.

Eric Credle, who is taking over the role following the promotion of Lisa Wurtzbacher to assistant county manager earlier this month, begins his as CFO on June 14, according to a county news release.

“Eric brings a wealth of knowledge and valuable experience to our organization that we believe will help us in continuing to be fiscally responsible and good stewards for our citizens,” said New Hanover County Manager Chris Coudriet in the release. “While his previous career focused on the private sector, Eric has a history of being involved in many civic organizations with a passion for helping others in his community. These are traits we look for here at New Hanover County and we are certainly excited to have him joining our team in June.”

A 1990 graduate of Wake Forest University, Credle returns to New Hanover County after growing up in Wilmington and graduating from Hoggard High School, the release stated.  

He has more than three decades of experience in private finance, including 24 years as the CFO of First Bank, in Southern Pines. Following his retirement in November, he remained a consultant with First Bank, according to the release.

Credle helped First Bank grow from $375 million in assets and 33 locations in 1997 to $10 billion in assets and 122 branches by late 2021, the release stated. His work included managing SEC and other annual financial reports, budgeting, mergers and acquisitions, investor relations and taxes, among other duties.

In addition to being a North Carolina Certified Public Accountant, Credle has been active in the Rotary Club and other community volunteer organizations in the Southern Pines area for decades, according to the release.

“I am grateful for this opportunity to return to a place I love and serve the community that helped shape me,” Credle said in the release.  “I look forward to being a part of the county and Finance team, which has a tremendous track record of strong and responsible financial management.”

Credle will be part of the county’s executive leadership team and will oversee the county’s finance department and its functions, including developing the county’s budget, preparation of the comprehensive annual financial report (CAFR), purchasing, collections, debt management and payroll.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Chris 16239425

‘Creative,’ An Adjective To Describe Your Accountant?!

Chris Capone - Capone & Associates
Untitleddesign7

Getting Your Community Ready for Spring and Summer

Dave Orr - Community Association Management Services
Untitleddesign4

Paving the Way to Better City Streets

Tony Caudle - City of Wilmington

Trending News

Conservation Group Signs $8M Deal To Buy The Point On Topsail Island

Audrey Elsberry - Mar 26, 2024

National Organization Bestows Top Award On Cape Fear Professional Women In Building

Staff Reports - Mar 26, 2024

Engineering Firm Hires Four Employees

Staff Reports - Mar 26, 2024

N.C. Ports Officials React To Baltimore Bridge Collapse

Audrey Elsberry - Mar 26, 2024

NCino's Fourth-quarter Earnings Signal Rebound From Liquidity Crisis

Audrey Elsberry - Mar 27, 2024

In The Current Issue

Topsail-area Realtors Share Updates

Pender County Realtors recently shared updates about the coastal market at an event hosted by the Wilmington-Cape Fear Home Builders Associa...


Hacking Cyberdefense Shortage

A shortage of cybersecurity professionals influenced professor Ulku Clark and her team to slowly evolve UNCW’s offerings to now include eigh...


Berries, A Battlefield And More In Pender

The N.C. Blueberry Festival, founded in 2003, is one of several events in Pender County that have drawn more attention over the years....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2023 Power Breakfast: Major Developments