PC(USA) CFO Joey Bailey announces retirement
After 14 years, last day will be Feb. 28, 2013
November 8, 2012
Joey B. Bailey, who has served as chief financial officer for the Presbyterian Mission Agency (formerly the General Assembly Mission Council) for 14 years has announced his retirement, effective Feb. 28, 2013.
In addition to his duties managing the General Assembly Mission Budget and other national Presbyterian Church (U.S.A.) financial affairs, Bailey has served as deputy executive director of shared services. In that capacity, he has overseen management of the Presbyterian Center here and its warehouse, mailroom and information technology.
In a memo to Presbyterian Center staff, Presbyterian Mission Agency Executive Director Linda Valentine wrote: “Joey has helped us navigate through financial adjustments, budgets, audits, proper management of endowment funds and determining financial implications of General Assembly actions … He has been a great colleague and friend to us on the staff of the Presbyterian Mission Agency, to elected members and colleagues in other agencies and parts of the church. I am grateful for his service and his continuation for the next few months as we make plans for transition.”
Valentine also shared Bailey’s letter to her announcing his impending retirement. In it he wrote: “It has been professionally fulfilling and challenging to have been part of the leadership team that helped the church fulfill, expand and enhance its worldwide mission and continue its deep commitment to the Louisville community. I thank the church for those opportunities.”
Bailey continued: “Finally, I cannot say ‘goodbye’ without acknowledging the friendships I have made during my tenure with the church and the experiences I have enjoyed. They will provide enduring memories.
Bailey, a graduate of the University of Kentucky, where he starred on the baseball team, earned his CPA in 1971. After serving as a top executive in the banking industry for 28 years, he joined the staff of the Presbyterian Investment and Loan Program (PILP) in January 1998. A little over a year later he was named CFO of the PC(USA) by then Executive Director John Detterick.
He is a longtime elder and trustee at Harvey Browne Memorial Presbyterian Church in Louisville.