September 30, 2025

October CEO Report

 

As October arrives, I mark the end of my first year leading the EDB. The first year in any new role comes with a steep learning curve, understanding both operations and culture while implementing natural shifts following a long-time CEO.

Over the past year, we’ve focused on continuous improvement, reviewing financial systems, organizational structure, compensation philosophy, policies, IT, and more. At the same time, we’ve managed a capital campaign, state and federal grant audits, and continued to see positive results in our business retention and recruitment efforts. I look forward to next year as we begin implementing our next five-year workplan.

I want to acknowledge the departure of Deborah Kelly, who resigned in August after 18 years of dedicated service. Deborah’s contributions are so numerous that I won’t even try to list them here. Many of you know just what a force Deborah has been within the organization. Deborah’s impact on the EDB is immeasurable, and we wish her all the best as she embarks on her next chapter.

I recently attended the International Economic Development Council’s annual conference in Detroit. After eight years, I’ve completed my term on the IEDC board, a bittersweet moment. Serving alongside the industry’s top leaders and innovators has been a privilege that shaped my perspective and gave me the confidence to approach our work in new ways. While there, I had the privilege of moderating a panel that focused on the immense infrastructure demands—specifically power and water—that large-scale projects place on our utilities. This is a critical national economic development issue, one that may directly impact Pierce County’s future competitiveness.

October marks Manufacturing Month, a time to recognize one of Pierce County’s strongest sectors. In 2023, manufacturing contributed $6.53 billion to GDP and, as of June 2025, employs 43,600 people. This sector is vital to our economy and community well-being. As a community of makers, we take pride in our manufacturers and industry workers. Manufacturing offers higher wages, accessible entry points, and clear career pathways for those not pursuing college. To ensure this sector remains strong, we must protect and preserve our industrial lands.

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