On Tuesday afternoon, the North Myrtle Beach city council and mayor held a quick special meeting that lasted less than a minute. The purpose? To accept the resignation of former city manager Mike Mahaney. Interestingly, Mahaney wasn’t even present at the meeting.
The council members swiftly voted on a resolution that set the path for Mahaney’s transition out of his role, effective October 22, as per the Transition Resources and Release in Full Agreement. City attorney Chris Noury kept things brief and did not delve into details beyond what was shared in the formal statement.
In the city’s announcement, they mentioned, “The transition agreement outlined in the City Council’s October 22, 2024 resolution is a standard business practice for executive leadership changes.” They went on to say that “Mike Mahaney served the City of North Myrtle Beach as City Manager for fourteen (14) years,” and wished him all the best in his future endeavors.
As part of the agreement, Mahaney will be recognized for his 14 years of service and will receive a total of $319,884 in compensation. The first payment of $193,379 covers six months of salary, cash for unused vacation days, a car allowance, and health insurance for the same six months. In addition, it includes a one-year premium for a life insurance policy being converted to his own individual policy.
The second payment, a lump sum of $126,505, is scheduled to hit Mahaney’s bank account via direct deposit during the week of January 6 to 10, 2025. Interestingly, by accepting this payment, Mahaney has agreed not to take any legal action against the city or any of its past and present officials.
As part of the agreement, both Mahaney and the city have agreed to keep the details private, sharing information only with certain parties such as spouses and legal advisors, unless legally mandated to do otherwise. The city will provide “only neutral references” to prospective employers in future inquiries about Mahaney.
In return, Mahaney also committed to not making any negative comments regarding North Myrtle Beach or its offices. It seems both sides are keen on maintaining a cordial relationship moving forward.
The city’s assistant manager, Ryan Fabbri, will step in as acting City Manager starting October 22, marking the beginning of a new chapter for both the city and its leadership.
In a brief yet significant moment on that Tuesday afternoon, North Myrtle Beach stepped forward, continuing its journey while wishing its former city manager the best of luck. It’s a bittersweet goodbye to a person who has dedicated so many years to public service in our community.
As we wrap this up, residents can take a deep breath knowing that, despite such changes, the heart of North Myrtle Beach will keep beating strong. Here’s to new beginnings for both Mahaney and the city!
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