Derrick Brown named new assistant Albany city manager
The position opened at the end of January when former Assistant City Manager Yvette Fields retired from the role.
Brown brings a wealth of knowledge to the position, city officials said in a news release. He has more than 32 years of manufacturing, accounting, business management, and leadership experience, having served in roles of increasing responsibility.
A Monroe Comprehensive High School graduate, Brown earned a bachelor of accounting degree from Albany State University and a master of manufacturing management degree from Kettering University, formerly known as GMI Engineering and Management Institute.
In his most recent role as chief financial officer for the city of Albany, Brown and his team have successfully managed a budget of more than $318 million. For 14 consecutive years and counting, the finance team has earned the 'Certificate of Achievement for Excellence in Financial Reporting' from the Government Finance Officers Association. The team also earned the coveted 'Distinguished Budget Presentation Award' for Fiscal Year 2025 from the Government Finance Officers Association.
Brown is also a Certified Retirement Plan Fiduciary, awarded by the Georgia Association of Public Plan Trustees.
'Having achieved this level of success in his previous roles, I have no doubt Mr. Brown will continue to excel and make significant contributions on behalf of the city of Albany as he leads Administrative Services, the Department of Community and Economic Development, Facilities Management, Fleet Management, the Recreation and Parks Department, Technology and Communications, the Public Information Office and the Business Development Office,' Jacobs said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
Reaction to US and EU trade deal
TURNBERRY, Scotland (Reuters) -U.S. President Donald Trump on Sunday said the United States and the European Union had reached agreement on a trade deal that includes a 15% tariff on EU goods entering the U.S. and significant EU purchases of U.S. energy and military equipment. The deal also calls for $600 billion in investments in the U.S. by the European Union, he told reporters. This follows a U.S. deal with Japan on July 23 that cut tariffs on auto imports and other goods in exchange for a $550 billion package of U.S.-bound investment and loans. Major financial markets were still closed. The euro ended last week around three-week highs at $1.1738, while the STOXX 600 <.STOXX > hit its highest since early June last week as optimism built for an EU/U.S. trading deal. Following are comments from business leaders and companies, and market reaction to the announcement. COMMENTS: MICHAEL BROWN, SENIOR RESEARCH STRATEGIST, PEPPERSTONE, LONDON: "The EU is going to be hit with a 15% tariff which is pretty punchy but it's half of the 30% they were threatened with and it's well off the 50% that Trump had been throwing around at the start of the month so that's good news." "This is more a case of the risk of no deal being removed as opposed to whether it's 15%-20%, I'm not entirely sure that matters so much at least not in terms of how markets are going to trade in an hour or so when things get up and running for the week." "The two obvious reactions that you would expect are upside in the euro and upside in equity futures. I don't think equities in particular needed much of an excuse to rally and now they've got one." ERIC WINOGRAD, CHIEF ECONOMIST, ALLIANCEBERNSTEIN, NEW YORK: "This is very similar to the deal we reached with Japan." "We will need to see how long the sides stick to the deal. From a market perspective, it is reassuring in the sense that having a deal is better than not having a deal." RICK MECKLER, PARTNER, CHERRY LANE INVESTMENTS, NEW VERNON, NEW JERSEY: "It's really in line with the Japan deal, and I assume investors will view it positively as they viewed the Japan deal. The reality is there will be higher tariffs, which may lead to more inflation, depending on how much of it is absorbed by the manufacturers and how much of it is passed on to consumers. I think from the administration's point of view, they probably have begun to address the balance of trade issues. The question remains whether using tariffs as a way to address these imbalances is positive for the global economy or just a tax that helps with jobs here in the U.S." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17 minutes ago
- Yahoo
Reaction to US and EU trade deal
TURNBERRY, Scotland (Reuters) -U.S. President Donald Trump on Sunday said the United States and the European Union had reached agreement on a trade deal that includes a 15% tariff on EU goods entering the U.S. and significant EU purchases of U.S. energy and military equipment. The deal also calls for $600 billion in investments in the U.S. by the European Union, he told reporters. This follows a U.S. deal with Japan on July 23 that cut tariffs on auto imports and other goods in exchange for a $550 billion package of U.S.-bound investment and loans. Major financial markets were still closed. The euro ended last week around three-week highs at $1.1738, while the STOXX 600 <.STOXX > hit its highest since early June last week as optimism built for an EU/U.S. trading deal. Following are comments from business leaders and companies, and market reaction to the announcement. COMMENTS: MICHAEL BROWN, SENIOR RESEARCH STRATEGIST, PEPPERSTONE, LONDON: "The EU is going to be hit with a 15% tariff which is pretty punchy but it's half of the 30% they were threatened with and it's well off the 50% that Trump had been throwing around at the start of the month so that's good news." "This is more a case of the risk of no deal being removed as opposed to whether it's 15%-20%, I'm not entirely sure that matters so much at least not in terms of how markets are going to trade in an hour or so when things get up and running for the week." "The two obvious reactions that you would expect are upside in the euro and upside in equity futures. I don't think equities in particular needed much of an excuse to rally and now they've got one." ERIC WINOGRAD, CHIEF ECONOMIST, ALLIANCEBERNSTEIN, NEW YORK: "This is very similar to the deal we reached with Japan." "We will need to see how long the sides stick to the deal. From a market perspective, it is reassuring in the sense that having a deal is better than not having a deal." RICK MECKLER, PARTNER, CHERRY LANE INVESTMENTS, NEW VERNON, NEW JERSEY: "It's really in line with the Japan deal, and I assume investors will view it positively as they viewed the Japan deal. The reality is there will be higher tariffs, which may lead to more inflation, depending on how much of it is absorbed by the manufacturers and how much of it is passed on to consumers. I think from the administration's point of view, they probably have begun to address the balance of trade issues. The question remains whether using tariffs as a way to address these imbalances is positive for the global economy or just a tax that helps with jobs here in the U.S." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Yahoo
'Win-Win' Experience At NYRA For Ed Brown Society Scholars
'Win-Win' Experience At NYRA For Ed Brown Society Scholars originally appeared on Paulick Report. Growing up in New York City, Daria Mitchell and Walentya Paulzin weren't aware of horse racing beyond a vague understanding that Belmont Park was where the horses when they learned about the Ed Brown Society (EBS), became scholars with the organization and were selected for internships at the New York Racing Association, Inc. (NYRA), both got an education in the business of Thoroughbred racing. And for Mitchell, NYRA is now a possible career landing spot when she graduates next spring from St. Francis College with an accounting degree.'I really didn't know what horse racing entailed prior to working at NYRA,' said Mitchell, who balanced academic work with interning from September 2024 to May 2025 in the NYRA Finance Department. 'I found I really liked the business, the sport and the people. I can definitely see myself working there after graduation.' Mitchell's experience embodies the mission of the Lexington-based EBS. Founded in 2020, EBS celebrates the rich history of African-Americans in the equine industry and creates opportunities for young people to gain exposure, training and experience that will prepare them for successful careers in the equine industry and partnership with the EBS dates back nearly two years – and will be highlighted on Saturday, July 26, when an Ed Brown Race is celebrated at Saratoga Race Course. EBS Chairman Greg Harbut and President L. Clark Williams will be on hand along with EBS members. Both will then return on Thursday, July 31 for a day at the track with EBS Scholars Noah Goodson and Aidan Marcano as well as EBS Fellow Laia Barrow. NYRA's Fall 2025 internship class will consist of Marcano, Barrow and EBS Fellow Zipei 'Ellie' Dudley Brown, the organization's namesake, was a Hall of Fame horseman, whose name is iconic in New York as the first black jockey to win the Belmont Stakes – aboard Kingfisher, in 1870. Brown, who trained Baden-Baden to win the 1877 Kentucky Derby and later developed future Derby winners Ben Brush [1896] and Plaudit [1898], was among a pioneering group of 19th-century Black horsemen who achieved extraordinary success before the 'Jim Crow' racial separation laws drove them off U.S. tracks around the turn of the new EBS mission combines an understanding of that history with a firm focus on the future. In 2024, Harbut and Williams accepted the National Museum of Racing Hall of Fame award in Saratoga on behalf of another 19th century jockey, Abe Hawkins. EBS Scholars and Fellows learn about the legacy of the great black horsemen and benefit from additional experiences including scholarships and mentoring programs. NYRA Executive Vice President, General Counsel and Corporate Secretary Joi Garner was among the speakers during the 2024-2025 academic year.'My participation was part of NYRA's wholesale support of the Ed Brown Society and their commitment to horse racing,' said Garner. 'Creating opportunities for a more diverse workforce makes our sport better. We salute their mission and look forward to further advancing the partnership.'EBS enjoys similar partnerships with racing organizations across the country. Paulzin, who graduated in May with a degree in Marketing from St. John's University, interned in the NYRA Marketing Department, where she quickly learned about the fast-paced world inherent to NYRA's operations. While focused on content development, Paulzin valued what she described as a friendly and collaborative atmosphere. And she took particular satisfaction in contributing to a special Kentucky Derby Day at Aqueduct.'That was a highlight of my time at NYRA, where the people and the team-focused atmosphere were great,' said Paulzin. 'Overall, it was a really good experience that I will draw upon moving forward.' Mitchell will soon head back for her senior year at St. Francis, where she serves as a Student Ambassador and as President of the school's chapter of the National Association of Black an EBS Scholar who alternated between NYRA's Purchasing and Auditing groups, Mitchell loved the work and pace and valued the mentoring from colleagues. 'A lot was expected of me, and I had to ask a lot of questions in the beginning, especially about the terminology,' she said of her internship. 'But I caught on, grew to really like the business and think I gave a lot in return.'Mitchell's experience is precisely how NYRA envisions its ongoing partnership with the EBS, said NYRA Manager of Community Relations Robert Hines. 'Partnering with the Ed Brown Society has been a really positive experience for NYRA, a real pipeline for talent,' Hines said. 'By working together, we're making our sport more diverse and benefitting from some talented students with a lot to give. That's a 'win-win.'' This story was originally reported by Paulick Report on Jul 25, 2025, where it first appeared.
