The Hampton Roads Economic Development Alliance, a nonprofit charged with recruiting jobs to the region, is planning to reduce its number of board members and implement changes to make it more effective and communicative with stakeholders, the CEO said.
President and CEO Rick Weddle, who started on the job in April 2016, was hired as a catalyst to change the alliance’s performance. Weddle recently announced recommended changes in a proposed governance and engagement plan that the board will review at is Dec. 14 meeting. An approved plan would take effect Jan. 1.
In his Nov. 27 email announcement, Weddle said the alliance’s governance model needed significant modernizing, as it hadn’t changed much in 20 years.
