Maylor to Resign as Essex Regional Retirement Board Chair

As Andrew Maylor steps up to the job as North Andover's town manager in December, he will be stepping down from another role.

Maylor has announced that he is resigning as chairman of the Essex Regional Retirement Board, effective Dec. 1.

State law prohibits him from serving as chairman of that board while also serving as a town manager within the Essex Regional Retirement Board system. Maylor has been town administrator in for nine years. 

When he accepted the job as North Andover town manager, it meant he could no longer chair the Essex Regional Retirement Board.

Maylor has served as chairman of the board since March 2010. He has gained notoriety in that position for his efforts to make the retirement system more transparent and efficient.

After years of controversy and troubling audit revalations in early 2010 exposing open meeting law violations, improper spending and deficient management, the Essex Regional Retirement System was placed under the control of a state monitoring team by the Public Employee Retirement Administration Commission.

Maylor was then selected by the Commission to be the new chairman, and after just 17 months, the Commission recently announced it was removing the monitoring team because of great progress made by Maylor and the newly-appointed Board of Directors.

Last month, the North Andover Board of Selectmen  and his success on the Essex Regional Retirement Board was a factor in that decision.