Yacovelli will earn $137,500 annually with additional shared services stipends of $3,500 for the Corbin City School District and $10,000 for the Sea Isle City School District.
Yacovelli has an initial contract (pro-rated) that starts Dec. 16 and ends June 30, 2014.
He will replace Tom Grossi, who resigned in the summer and is now working as business administrator in the Dennis Township School District. Mark Ritter has been serving as the interim business administrator at $450 per day for three to five days per week as needed.
Yacovelli has been working as the assistant school business administrator in the Camden City School District since May. He was the school business administrator for the Leap Academy University Charter School from 2011 to 2012, for Pennsauken Township from 2008 to 2011 and for Winslow Township from 2006 to 2008. Yacovelli also serves on the Board of Education for Audubon.
He also has private-sector experience as a supervisor at a firm of certified public accountants in Voorhees and as an educational consultant.A 1996 graduate of the Rutgers University School of Business in Camden, Yacovelli has an MBA from Wilmington University.
“I am delighted that the board has hired a person with Pat’s experience and knowledge," said Kathleen Taylor, superintendent of Ocean City Schools. "He is a good fit for our Ocean City family, and I look forward to working with him for the benefit of our entire school community.”
“I am very much looking forward to working with Dr. Taylor and the Board of Education on implementing the vision and mission of the school district," Yacovelli said. "I want to continue the work of developing the district’s financial cost effectiveness. I hope to become a visible and accessible member of the district administration while maintaining existing relationships and fostering new opportunities for all members of the Ocean City School District.”
Yacovelli currently resides in Audubon but has a home at the shore.