Pam Smith, who has been the interim town manager for the town of Monument for the past six months, was named town manager at the last board of trustees meeting.
Smith was sworn at the June 3 board meeting. She stepped into the position in January after town manager Cathy Green was asked to resign on Jan. 11.
Smith, who was previously the town treasurer, said she took the position to fill a need but said she has thoroughly enjoyed working in the position and has had a lot of positive feedback from staff, the board of trustees and citizens.
“It’s been very challenging. There’s so much to do. But most of my life has been in management and it’s going well,” Smith said.
Smith said there have been some changes to her contract that differ from Green’s but will result in salary savings for the town.
She has received a $10,000 raise bringing her salary to $96,700. Green was paid $102,000.
In addition Green’s contract stated that if she was asked to resign she would be paid six months’ severance.
Smith said that six months was too excessive for a severance package and an agreement was made for her contract to instead include a 90-day severance package.
Smith said the new town treasurer is also receiving a raise but it will be approximately $12,000 lower than what she was making as treasurer.
Smith was planning to retire in five years and had been training Monica Harder to be town treasurer however the permanent position as town manager changes things.
“I couldn’t do this without the full support of the other managers (at town hall) and the board. We are a team here,” Smith added.