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Exclusive: Toronto’s CFO retiring

- May 31st, 2012

Cam Weldon

Cam Weldon, City of Toronto Chief Financial Officer (Toronto Sun files)

The city’s top finance bureaucrat is retiring.

Cam Weldon, the City of Toronto’s chief financial officer and deputy city manager, is calling it quits.

Sources tell the Sun a formal announcement about Weldon’s coming retirement will go out Friday.

Weldon was appointed to his current position back in February 2009 after serving as acting deputy city manager and chief financial officer from October 2008.

He’s been working for the city since 2003. Weldon started as the director of accounting services and became city treasurer in 2005.

When he was appointed to CFO in 2009, then-mayor David Miller described Weldon as an “experienced City of Toronto financial manager.”

Mayor Rob Ford has also been complimentary of Weldon’s performance through the last two city budgets.

Before he arrived at the City of Toronto, Weldon spent 20 years at the Regional Municipality of Halton.