The Marysville Board of Education has hired Todd Johnson as the district’s new treasurer, starting Jan. 1, 2014.
Johnson, who is currently assistant treasurer for the Olentangy Local school district in Lewis Center, signed a contract at the board’s Nov. 21 meeting that runs through July 31, 2017.
He will succeed Cindy Ritter, who will retire as Marysville’s treasurer Dec. 31.
Johnson’s base salary at Marysville will be $115,000 a year.
School board President Jeff Mabee said he will also receive the same benefits package as the rest of the administration: The district will pay his share of total retirement contributions to the School Employees Retirement System. He will receive five vacation days and can accrue 20 days of vacation a year, and can accrue 15 days of sick leave per year.
The district will pay his Medicare and 100 percent of the premiums for term life insurance coverage, in addition to contributing to professional growth opportunities, including up to six semester hours of study.
The district will pay up to $2,000 annually for memberships in professional organizations and up to $2,000 annually for civic organization memberships.
Johnson will receive a $100 mobile communication allowance each month.
The district will also pay for professional liability insurance coverage protecting Johnson from lawsuits and legal actions in his role as treasurer of up to $1 million per occurrence and no more than $3 million total.
His contract includes a $5,000 performance-based benefit if he meets the goals agreed upon with the board in accordance with the Ohio Treasurer Evaluation System.
Mabee said the board also offered a $10,000 incentive if Johnson moves to Marysville because the board would like very much for him to be part of the community.
In addition, the board approved up to 10 transition days for days worked prior to Jan. 1 at $442.31 per day.
Mabee said the interview process was rigorous but Johnson impressed the board.
He and Judith Geers, treasurer for the Greene County Vocational School District in Xenia, Ohio, were the two finalists who were interviewed last week.