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Followups


VEDP board names new CEO The board of


directors of the Virginia Economic Development Partnership (VEDP) in late November named Stephen Moret, a Loui- siana economic devel- opment executive, as its next CEO. The appoint- ment was scheduled to begin Jan. 1.


The announcement came only two weeks after a General Assem- bly watchdog group,


the Joint Legislative Audit and Review Commission (JLARC), issued a scath- ing report on VEDP operations, listing 35 recommendations for change. VEDP was searching for a new top executive when the report was released. Some legislators urged the board to delay a hiring decision until the General Assembly could act on JLARC’s recommendations. VEDP Chairman Dan Clemente,


Stephen Moret


however, said that hiring a new, highly qualified leader will help shepherd through changes re- sulting from JLARC’s review. He said that Moret was picked to head Louisiana’s economic develop- ment efforts in 2009 under conditions similar to those facing VEDP today. Moret’s accomplishments in


that post drew national attention. Moret most recently was president and CEO of the Louisiana State Uni- versity Foundation in Baton Rouge. A story about the JLARC report and other changes taking place in economic development in Virginia appeared in the December issue. An updated version including Moret’s ap- pointment appeared on VirginiaBusi- ness.com.


Robert Powell


rpowell@va-business.com


1776 co-CEO to step down


Donna Harris


Donna Harris, co-founder of 1776, will step down as co-CEO of the Washington, D.C.-based incubator and seed fund at the end of January. Harris said in a late November blog that she will remain on 1776’s board of directors and continue to be an investor in the organization, which established a site in Arlington in 2015. Virginia Business profiled Harris in its December issue. An updated ver- sion of the story, including the change in Harris’ status at 1776, appeared on VirginiaBusiness.com


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 6 JANUARY 2017


Moret photo courtesy Virginia Economic Development Partnership Harris photo by Mark Rhodes


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