BUSD Financial Director Leaves For Private Sector By J. DOUGLAS ALLEN-TAYLOR

Friday August 12, 2005

Berkeley Unified School District Deputy Superintendent Glenston Thompson has voluntarily left his job with the district after one year to return to the private sector. His last day was Aug. 3. 

Thompson served as director of the district’s fiscal operations, responsible for both developing and managing BUSD’s budget. 

Last November, after only three months on the job, he developed a refinancing program for BUSD’s three 1992 Measure A general obligation bonds that was expected to save the district $3.2 million over the next 20 years. At the time, Thompson downplayed his role in the idea, saying that the bond refinancing was merely part of “being good stewards and good decision-makers over the use of the district’s financial assets. I’m just glad to be able to do my part as a member of the BUSD team.” 

Superintendent Michele Lawrence is expected to present a candidate for Thompson’s replacement to the BUSD Board of Directors at the board’s first meeting after the month-long summer break on Aug. 24. 

Neither Thompson nor Lawrence was available for comment.›