Malibu buys out City manager’s contract

first_imgHomeFeaturedMalibu buys out City manager’s contract May. 05, 2021 at 6:00 amFeaturedNewsMalibu buys out City manager’s contractGuest Author1 month agoContractMalibuMalibu City Genevieve Finn, Malibu Times / SMDP Staff WriterMalibu City Manager Reva Feldman officially resigned from her post on Saturday, May 1 in a deal that will avoid the threat of a lawsuit.Malibu City Attorney John Cotti said the city would launch a national search for Feldman’s replacement “very soon” and that Steve McClary, a former city manager in Ojai, has been named as Interim City Manager.The terms of Feldman’s resignation were unanimously approved, 5-0, by Malibu city council. She received a payment of $150,000 on May 1, with the possibility of another on August 1, 2021, if she has not found a new job by then. Cotti said that the city’s insurer would contribute $150,000 of the total settlement amount.The agreement also stipulated that Feldman will not sue Malibu. Both Feldman and the city council also agreed to a non-disparagement clause, which means neither party will speak negatively about the other in public.Cotti said that the resignation agreement was not to be construed as any admission of wrongdoing by the city.Feldman’s resignation was announced after a long saga that came to a head during the most recent Malibu election cycle, when then-candidate Bruce Silverstein pledged to work to remove Feldman if elected; Silverstein was subsequently elected in November 2020, winning the highest number of votes out of all eight candidates. On social media, Silverstein often lambasted Feldman, calling her “an unelected fascist” and “a tyrannical leader” and describing her leadership style as “opaque, unaccountable and unethical.” Feldman told the council that Silverstein bombarded her with records requests, making it difficult for her to complete her other duties as city manager.Feldman was also implicated in allegations made by former Malibu City Council Member Jefferson “Zuma Jay” Wagner, who, with the help of Silverstein, shared a sworn affidavit last winter detailing a City Hall culture where “favors” were often done for “friends and/or supporters of [Feldman].” Feldman’s lawyer Therese Cannata rejected Wagner’s allegations via email to The Malibu Times.Following the announcement of Feldman’s departure, Wagner said he is interested in the City Manager’s job himself.Feldman, whose work has been defended by other council members both present and past, initially came under fire following the Woolsey Fire, the response to which many residents feel she botched.Feldman, via Cannata, sent the council a letter in January 2021 saying that she would agree to a payout. “Because Ms. Feldman is under a constant attack by Mr. Silverstein, she lives in fear of retaliation for doing her job and exercising her professional judgment in the performance of her duties,” Cannata wrote. “[Feldman] is extremely distressed and frightened by recent events, causing her sleepless nights and stressful days. Mr. Silverstein presents as someone who is unstable and unpredictable.”Feldman worked for the City of Malibu since 2005; she was appointed city manager in 2016, according to the city’s website.During her tenure, she grew the city’s general fund reserves from $7 million to $30 million, helped the city acquire a large parcel of vacant land, coordinated millions of dollars of debt issuance and helped establish the city’s AA+/AAA bond rating — a measurement which signifies a city’s high level of creditworthiness and is instrumental in the city’s ability to win funding for projects. She oversaw city staff in managing environmental programs, coordinated projects such as the $60 million Civic Center Water Treatment Facility and the remodeling of Malibu City Hall and led the city through the COVID-19 pandemic. In 2019, Feldman was recognized by her peers as the CCMF City Manager of the Year and represented Malibu on multiple regional and statewide agencies, according to information shared by Cannata.“Reva’s ties to Malibu run deep,” the statement said. “She raised her family in Malibu with her daughter attending Webster Elementary and Malibu Middle and High School.”Outgoing Malibu Mayor Mikke Pierson said he was grateful to Feldman during his remarks and there was a “goodbye” event for her held over Zoom Wednesday, April 28, at 5 p.m.Feldman’s original contract was set to expire in May 2022, according to that letter. Cannata asked that Feldman’s contract be bought out for $375,000, approximately one year of her salary, meaning that Feldman’s final buyout, which totals $300,000 if all is paid, was less than her original ask.As Cotti read out the terms of Feldman’s resignation, both Feldman and Silverstein conveyed little emotion, remaining impassive against their blue Zoom backgrounds. Neither Feldman nor any council member commented following the announcement.“It has been an honor to serve the residents of Malibu and to help the community that I have been a part of for almost two decades,” Feldman later said in a statement from Cannata. “I am so proud of how much the City has accomplished, and I am grateful for the support of the City staff, residents and councilmembers that I have had the pleasure to work with.”This story is published as part of a partnership between the Malibu Times and SMDP.Tags :ContractMalibuMalibu Cityshare on Facebookshare on Twitteradd a commentPacific Park To Hold Job Fair To Fill More Than 200 Spring And Summer Positions On May 8WORDS MATTERYou Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall5 hours agoNewsCouncil picks new City ManagerBrennon Dixson15 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter15 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor15 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press15 hours agoNewsWedding boom is on in the US as vendors scramble to keep upAssociated Press15 hours agolast_img read more

Orange could buy smaller European operators – exec

first_imgHome Orange could buy smaller European operators – exec Author Related The head of Orange’s European operations, Gervais Pellissier, said the company would be interested in acquiring smaller operators in the region, according to the Financial Times.This list could potentially include players like Telecom Italia, as well as Netherlands-based KPN and Belgacom in Belgium, the report said.There has recently been a renewed focus on deal-making in Europe, although the focus has been on in-market consolidation rather than cross-border alliances.Pellissier said “there will be inter-country or intra-European consolidation” in the next five years where “players who are today playing on a single market or near to a single market, might be purchased by those who are bigger.”“For sure, one of those might be a target for us,” he added.However, he admitted that regulators may oppose consolidation.“The official political speech that the new executive body in Brussels of the Union will be more in favour of consolidation is not completely true,” he said, adding that “the view of the commission on the number of players, at least for most of the market, has not completely changed that four is better than three.”For his part, Pellissier believes “the situation with four players is not sustainable in the long term” in France and went on to say that the only player “not for sale in the French market is us.”Ultimately though, he said “the choice is not in our hands. It is up to others to decide what to do.”In March, Telecom Italia quashed speculation about a tie-up with Orange, with Giuseppe Recchi, chairman of the Italian player, stating there is “nothing on the table”, and that Telecom Italia is “focused on the Italian and Brazilian markets.”This was after Orange CEO Stephane Richard said that Telecom Italia presented “an attractive European consolidation opportunity,” only to later play down the comment saying it is a “purely internal discussion”.In some ways, an alliance between the two would make sense: there is no overlap between Orange’s European and African markets and those of Telecom Italia in Europe and Latin America.Orange is Europe’s second-largest service provider by number of subscribers and has been dealing with price wars in its home market of France ever since the arrival of low-cost operator Free in January 2012.Telecom Italia, which has struggled with debt, is often seen as a potential target, with its Brazilian assets particularly regarded as attractive.But it is also seeing signs of stabilisation in its home market, having invested heavily in improving the quality of its fixed and mobile networks. Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more Previous ArticleEricsson appears to backtrack on 50B connected device visionNext ArticleAT&T chief unsure of Google’s intention for mobile market AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 03 JUN 2015 Orange Ventures injects €30M into new fund Orange makes secure cloud pact for French market Saleha Riaz Telecom Italia confident on hitting annual goals Tags OrangeTelecom Italialast_img read more

No room for two team events in two months, says Nadal

first_img(Reuters) – World number one Rafa Nadal has called on tennis administrators to create one “big world team cup competition” instead of confusing fans by staging the ATP Cup and Davis Cup within two months of each other. Nadal won the International Tennis Federation’s revamped Davis Cup competition with Spain in November and lost Sunday’s final of the inaugural ATP Cup to Novak Djokovic’s Serbia.“I think it’s a great competition but … I can’t change my mind that two world cups (within two months) is not real,” Nadal told reporters.“We need to find a way to fix it and we need to find a way to make a big deal with ITF and ATP to create a big world team cup competition, not two world cups. “I think that’s a confusion for the spectators, and we need to be clear in our sport.” Other top players, including Djokovic, have previously backed the merger of the two team events.last_img read more