Mr. Corbett replaces Carol Augustine, who left in March. His annual salary will be $171,000, according to the city.
He served as the assistant director of finance for Sunnyvale for the past three years, helping the city manage a $285 million budget. He also spent five years as a financial analyst for Intel.
"Drew is energetic, ambitious and enthusiastic. We're looking forward to adding Drew's exceptional public and private sector experience to our talented leadership team and expect his skills will support our goal of continuing to improve Menlo Park's already excellent financial condition," City Manager Alex McIntyre said in a statement released Friday, July 12.
Mr. Corbett earned a bachelor's degree in political science from the University of the South before joining the Teach for America Corps and serving two years in Compton. He also completed a master's degree in business administration at the University of Wisconsin. He currently sits on the board of the California Society of Municipal Finance Officers.
"Menlo Park has a reputation as a well-managed and financially-sound city that provides an excellent level of service to its residents and business community," Mr. Corbett said in the press release. "I am very excited about joining the leadership team and contributing to the continued success of the organization."