The City of Stephenville’s 15-month stint without a Director of Finance and Administration is coming to an end.

On Monday, Walter G. Wood - who served recently as the City of Fort Worth’s Accounting Services Supervisor - will take over the position that has been vacant since Don Ives left in April 2006.

“I consider this to be an opportunity of a lifetime, and I look forward to moving my wife and children here,” the 52-year-old Wood said Thursday.

Wood, who has lived in Crowley the past 15 years, said he likes the idea of relocating to a “small little town” that has a “clean environment where my children will have a chance to grow up without crime and gangs and the whole nine yards.”

Wood and his wife, Becky Lynn, have two children - 12-year-old Chloe, who is headed into the seventh grade, and 7-year-old Nathan, who is headed into the second grade.

“We are looking forward to it and can’t wait to get there,” Wood said.

Equally excited about Wood’s hiring is City Administrator Mark Kaiser.

“We are excited about Walter coming on board with his knowledge and experience. His background in governmental accounting will be a benefit to our community,” Kaiser said.

The Stephenville City Council voted to confirm Wood’s appointment as Director of Finance and Administration at its July 3 meeting.

Before serving as the City of Fort Worth’s Accounting Services Supervisor, Wood was previously employed as a Financial Manager with the Tarrant County Workforce Network and Senior Accountant for the Tarrant County Auditor.

Wood holds a license as a Certified Public Accountant.

Wood earned his bachelor’s degree in accounting from Midwestern State University, Wichita Falls, Texas, in 1987. He served nine years in the United States Air Force.

DOUG MYERS is Managing Editor of the Empire-Tribune. He can be reached at or (254) 965-3124, ext. 229.