Better to quit grad school or spend extra year to get MS?

I was enrolled in a Physics Phd program but took a leave of absence from the program and have been approved to re-enter the grad program starting in the Fall 2014 semester (I could've tried transferring to other grad programs, but they wouldn't accept me until Fall 2015 and I would have to pay out-of-state tuition for them. However, I'm still funded for this program).

I would say I still have interest in Physics, but definitely don't want a phd. I just want to get into industry asap. I want to look for work as an engineer, statistician, data analyst or something like that afterwards. But I've been advised to return to the program since MS degrees look good and if I dropped out without the MS, I would have a fairly large gap in my resume (and I have already have plenty of gaps in it)

Because this program usually awards phD's and not MS's, I'm not quite sure what to do and how to plan out my coursework. I spoke to a couple of student reps in the program and they suggested I email the director of the program or just email many labs since it may be difficult to find placement as I just want to get the MS. Also, I may have to work as a volunteer and TA for the first semester instead of working as an RA.

What I'm most concerned about is that the director may find it suspicious and have the other professors subject me to additional scrutiny for re-entering the program only to plan to leave with an MS instead of the PhD.

Am I over-worrying about this? Or should I tell the professors I'm emailing directly that I plan to just pursue an MS instead of the PhD, or just bring it up later?