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
Jeremytomlinson enfuse headshot

37% of Orgs Said They Were the Victim of Ransomware In 2021

Jeremy Tomlinson - Enfuse Technology Solutions
Dallasromanowski headshotcopy

You Can Run, But You Can’t Hide

Dallas Romanowski - Cornerstone Business Advisors
Brookeskipper saltair headshot2

Improving Indoor Air Quality Requires a Systematic Approach

Brooke Skipper - Salt Air

Trending News

Wilmington-based Firm Buys Carolina Beach Motel For $5M

Cece Nunn - Jun 24, 2022

Fit4Life Health Clubs To Open Two Gyms As Upgrades Continue

Johanna Cano - Jun 24, 2022

In The Current Issue

Info Junkie: Hunter Ingram

Hunter Ingram, assistant museum director of the Burgwin-Wright House and Gardens, shares his top info and tech picks....


Retooling A Workforce

North Carolina, like many other states, faces a severe shortage of manufacturing workers as companies bring their operations back to the Uni...


'Sauce Boss' Built Business From Scratch

It was the summer of 1989, and Sean O’Rourke had concocted his first iteration of what would eventually become the Surfer Slappin! barbecue...

Book On Business

The 2022 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100