Michael Nadol
Managing Director

Email:

nadolm@pfm.com

Business Specialty:

Financial Management
Strategic Consulting

Office:

Philadelphia
Two Logan Square
18th & Arch Streets Suite 1600
Philadelphia, PA 19103
Phone: 215-567-6100
Fax: 215-567-4180

Michael Nadol is a Managing Director with PFM, co-leading the firm's Strategic Consulting practice nationwide. One of Mr. Nadol's areas of focus is the development and implementation of workforce strategies to help public sector organizations to achieve their performance and financial goals. Prior to joining PFM, Mr. Nadol served the City of Philadelphia in positions including Deputy Mayor, Director of Labor Negotiations, and Director of Finance. In addition, he served as Deputy Commissioner for the Philadelphia Water Department, overseeing both finance and human resources for one of the nation's largest water and wastewater utilities.

At PFM, Mr. Nadol has provided strategic and quantitative support for human resources reforms and collective bargaining on behalf of clients including the Commonwealth of Pennsylvania, City of New York, City of Austin, Montgomery County, MD, and the City of Philadelphia. He has testified as an expert witness on compensation issues in binding interest arbitration in California, Maryland, New Jersey, New York, and Pennsylvania. In addition to workforce services, Mr. Nadol has played a lead role in turnaround consulting for fiscally distressed local governments. He has coordinated recovery plan development for Nassau County, is a senior member of the recovery team for the City of Pittsburgh, PA appointed by the Commonwealth of Pennsylvania, and has worked on multi-year financial plans for governments including Providence, RI, and Wilmington, DE. In addition, PFM's Strategic Consulting practice advises financially strong governments on strategies for improved performance, and Mr. Nadol has worked with clients from Saint Louis, MO to the State of Illinois to streamline work processes and service delivery.

Prior to joining PFM, as Philadelphia's Director of Finance and in previous positions within the City's Office of the Mayor, Mr. Nadol worked on management and budget initiatives key to the city's turnaround from the brink of bankruptcy in 1992 to its then-record $206 million surplus in 1999, including development of the first eight annual Five-Year Financial Plans produced by the City pursuant to the Pennsylvania Intergovernmental Cooperation Act (PICA). As Finance Director, Mr. Nadol was chief financial officer for a city-county government with a $2.6 billion General Fund budget. While in the Office of the Mayor, Mr. Nadol served as Director of Labor Negotiations for 1996 collective bargaining covering over 22,000 municipal employees. In addition, he was active on the city's 1992 labor negotiating team, with the restructuring of employee safety and risk management programs, and in the development of joint labor-management productivity initiatives. As Deputy Water Commissioner, Mr. Nadol served as chief financial and administrative officer for a $400 million water, wastewater, and storm water utility with over 2,200 employees. Mr. Nadol has co-edited Management Innovation in U.S. Public Water and Wastewater Systems (2005) and America's Water and Wastewater Industries, Competition and Privatization (January 2000).

Mr. Nadol earned a Master of Governmental Administration degree from the University of Pennsylvania, and a Bachelor of Arts degree in Political Science, Summa Cum Laude, from Yale University. Mr. Nadol also serves on the adjunct faculty of the University of Pennsylvania, Fels Institute of Government, teaching a masters-level seminar on competitive government. In addition, he serves as Treasurer and Executive Committee member of the Committee of 70, Greater Philadelphia's leading, nonprofit, civic watchdog organization, and served as the Governor's appointee and Chair of the Commonwealth of Pennsylvania Task Force on School Cost Reduction.