It is being reported that Village Manager James Ten Hoeve will soon be retiring from government service and moving to a job in the private sector. Unconfirmed reports are that Mr. Ten Hoeve plans to accept a management position with MBIA, a holding company headquartered in Armonk, NY, whose subsidiaries provide financial guarantee insurance on municipal bonds.
Following an noteworthy observation made by many Village employees and taxpayers several weeks ago that Ten Hoeve was no longer commuting to and from work in an official motor vehicle, rumors began to fly that he was on his way out. Fueling these rumors were line items on at least two separate Village Council Meeting Agendas recently; both listing the topic of closed session/private Council discussions as “Village Manager’s Office.”
Mr. Ten Hoeve began serving as Ridgewood’s latest Village Manager sometime in 2004, this after several months of his service as Acting Village Manager (following the retirement of Larry D. Worth in the Fall of 2003).
Information obtained from http://www.datauniverse.com shows that Ten Hoeve earned $168,659 in 2007 as Ridgewood’s Village Manager, and an additional $8,000 in the same year from Totowa Borough, where he served as that municipality’s Chief Financial Officer. 2008 salary data is not yet available on line.