Camden overseer submits resignation

CAMDEN, N.J. (AP) - August 18, 2009 The Courier-Post of Cherry Hill and The Philadelphia Inquirer are reporting Camden chief operating officer Theodore Davis has told Gov. Jon Corzine he's stepping down on Aug. 31. No reason was given.

Davis says he'll issue a statement on Tuesday.

The 76-year-old former judge became COO in 2007.

Davis has come under criticism for his $220,000 salary, which is more than the mayor of Philadelphia. Davis was the highest-paid person in New Jersey's executive branch in 2008.

The COO's job was created by a 2002 law as part of a state-funded turnaround effort.

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