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UPDATE: Pennachetti retirement report

City manager reportedly intends to end tenure in December

Toronto’s top bureaucrat reportedly intends to call it a career before the year is through.

The Globe and Mail reports City Manager Joe Pennachetti will announce his December retirement during next week's council meeting.

Pannachetti is said to have plans to appoint Deputy City Manager John Livey as his interim replacement.

The 64-year-old had been hinting he would retire for a while.

Councillor Shelley Carroll told Newstalk 1010 that she's not surprised to hear the news and that Pennachetti is an "important fixture" at city hall.

"I'm really, really going to miss him... I have learned so much from him over the course of 11 years in both the roles of CFO and City Manager," she said.

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