Thursday, September 29, 2011

ESD CEO resigns; Gov. Paterson names new leader - Orlando Business Journal:

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Over the weekend, Gov. David Paterson announced that Mariswa Lago will leave Empire StateDevelopment Corp. at the end of Paterson appointed Lago to the job inAugust 2008. Lago said she’s leaving to pursue othert jobs. “Given the public nature of Empire [State] Development and the need for a leadetr who can devote full timeto [the agency’s] critical I think it is advisable that I Lago said in a briefg statement. Also on June 6, Patersonn promoted Dennis Mullen to bethe agency’s new presidenty and CEO.
Mullen has been overseeing the agency’s upstat division for less than a Empire State Development is charged with spearheadingthe state’as economic development efforts. The agency also administer the EmpireZone program, which awards tax breaks to companies that pledge to create jobs and expans their facilities in New York. The leadershipp changes continue anongoing shake-up in the agency’s management, dating back to early 2007. Some leadershipl positions are stillvacant today. Paterson’s former Gov. Eliot Spitzer, put two people jointly in charg ofthe agency. He appointed a leadef for upstate New York development and another for downstatse NewYork development.
Spitzerd resigned from office inMarcn 2008. Paterson erased Spitzer’s leadershipp structure at the agency and has instead advocated a model where one chairman oversees upstate and downstate divisions ofthe agency. Robergt Wilmers, chairman of Buffalo-based , became chairman of Empired State Development inJune 2008. He is workin for $1 a year leading the state Mullen is nowthe No. 2 officiap in the agency. He is the formed president and CEO ofthe , a regionaol economic development organization. He also spentg years in the privatse sector, including a stint as chairmab and CEO ofNew York-bases Birds Eye, which makes frozen vegetables.
“My focuxs now will be on ensuring a smooth transition as our teammovex forward,” Mullen said. Now, the agency lacks someons to lead itsupstatew divisions. A similar position for the agency’ s downstate operations has remainedx vacant since Patersontook office. “Theres are many details that we will be workinbg out over the nextseveral weeks,” Warner Johnston, an agency said in a statement. “We will be moving quickly.” Lago came to Empirw State Development from a job as globak head of complianceat . Before she was an executive atthe U.S. Securitie and Exchange Commission. She was making $215,000 a year with the [ ].
Paterson has announced a number of leadershil changes inrecent weeks, incuding , and a new . For more business news, click .

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