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Finance

Gov. Bill Lee’s longtime finance aide appointed to oversee economic development statewide

June 15, 2022
Edna B. Shearer
Read Time : 2 Minutes

Gov. Invoice Lee, correct, with Bob Rolfe, who has headed the state’s Department of Financial and Community Advancement given that 2017. Rolfe is leaving the write-up to rejoin the personal industry.

Gov. Invoice Lee’s economic-advancement commissioner Bob Rolfe is leaving the submit after more than three several years to rejoin the personal market.

In his place, Lee’s longtime finance aide Stuart McWhorter was appointed Tuesday to lead the state’s Section of Economic and Neighborhood Progress.

“Bobby has played an priceless purpose in my Cupboard by recruiting new companies and business to our condition, supporting current providers and increasing financial possibility across Tennessee, particularly in our rural communities,” Lee mentioned.

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Rolfe has headed the department considering the fact that 2017, welcoming a steady stream of new organizations throughout the condition, which includes Oracle Corp., new electric-car or truck crops from Ford and Normal Motors, and Amazon.

McWhorter, the son of leading wellness care executive R. Clayton McWhorter, served as the finance chairman for Lee’s marketing campaign and was then appointed commissioner for the state Division of Finance and Administration.

He established venture firm Clayton Associates in 1996 and, finally, FCA Enterprise Partners.

“Stuart has been a incredible asset to the administration, and his know-how of the two the private and general public sectors will ensure Tennessee continues to lead the nation as the most effective put to do company,” Lee reported.

Sandy Mazza can be reached by using electronic mail at [email protected], by calling 615-726-5962, or on Twitter @SandyMazza. 

This article initially appeared on Nashville Tennessean: Gov. Bill Lee names Stuart McWhorter to financial improvement article

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