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VEDP overview October 8, 2009

VEDP overview October 8, 2009. MISSION STATEMENT.

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VEDP overview October 8, 2009

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  1. VEDP overviewOctober 8, 2009

  2. MISSION STATEMENT To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby building the tax base and creating higher income employment opportunities.

  3. BOARD OF DIRECTORS Hugh D. Keogh President and CEO Virginia Chamber of Commerce Chris A. Lumsden CEO, Halifax Regional Health System Charles H. Majors, Chair President and CEO American National Bank and Trust Company Stuart S. Malawer Distinguished Professor of Law and International Trade George Mason University Stephen R. Adkins Chief, Chickahominy Tribe G. William Beale President and CEO Union Bankshares Corporation W. Clay Campbell President, Martinsville Speedway R. B. Clark Charlotte County Administrator Mark D. Heath President and CEO Martinsville-Henry Economic Development Corporation

  4. BOARD OF DIRECTORS Ruth Alicia Sandoval CEO, BuisnessconX Samuel A. Schreiber Regional President, Wachovia Bank James E. Ukrop Chairman, First Market Bank Neil D. Wilkin, Jr. President and CEO OpticalCable Corporation Ex-Officio: Richard D. Brown Glenn DuBois Patrick O. Gottschalk John F. Malbon President and CEO, PAPCO, Inc. David Oliver President, Oliver Cleaning Service Julien G. Patterson, Vice Chair President and CEO Omniplex World Services Corporation A. Carole Pratt, D.D.S. McKinley L. Price, D.D.S. Ike Prillaman Vice Chairman & CMO Norfolk Southern Corporation

  5. ORGANIZATIONAL CHART Board of Directors Executive Director General Counsel Business Development Communications and Promotions International Research Information Technology Fiscal and Support Services Human Resources

  6. FY 2010 GENERAL FUND OPERATING PLAN BUDGET

  7. VEDP 10-Year Present value General funds

  8. VEDP-ASSISTED INVESTMENT AND EMPLOYMENT 7/1/09 – 10/5/09 • $608 million of investment • 3,948 new jobs • 42 announcements

  9. MAJOR PROJECTS

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