The man who was hand-picked by Gov. Jan Brewer to oversee a new agency charged with re-igniting Arizona’s struggling economy is set to collect a whopper of a paycheck. But Don Cardon’s idea of how to guide the Arizona Commerce Authority may run contrary to the governor’s own philosophical leanings about how the quasi-public group should go about luring new business to the state.Read More »
The CEO of the fledgling Arizona Commerce Authority will collect a base salary that will nearly double his pay compared to when he was the director of the now-defunct Arizona Department of Commerce.
The salary package, approved today by the Arizona Commerce Authority board of directors, came over the objections of House Speaker Andy Tobin and Senate President Russell Pearce.
Gov. Jan Brewer announced the members of the Arizona Commerce Authority’s new board of directors on Monday, naming a roster of mostly familiar faces who have helped oversee the transition away from the old Department of Commerce that it replaced.Read More »
After two hours of discussion among Gov. Jan Brewer and members of the Arizona Commerce Authority on how to boost economic development in Arizona, Rep. Tom Forese delivered a surprisingly candid admonition of the governor.Read More »
Invest Arizona veto rattles supporters All signs pointed to approval, but bill’s divisiveness proved its undoing
Supporters of a bill that would have created massive property tax breaks for major business investments couldn’t have asked for more signs that Gov. Jan Brewer would stand with them.
As it turns out, they could’ve used a few more.
The $25 million deal-closing fund that forms a pillar of the new Arizona Commerce Authority is eye-catching, but may just be a drop in the bucket.Read More »
‘I think Arizona would not be in the top 10.’ — Former Intel CEO Craig Barrett, saying Intel would not consider Arizona as a site for investment if it had to start anew.Read More »
Members of the Arizona Commerce Authority pledged that the state’s new quasi-private economic development agency take a zero-tolerance approach to backroom deals and cronyism as it gives out millions of dollars in incentives to the businesses it hopes to attract.Read More »
When the Arizona Department of Commerce becomes the Arizona Commerce Authority, the quasi-private agency will be free of much of the oversight and regulations that accompany being a fully public part of state government.Read More »
Calling it the most important legislation Arizona has taken up in generations, Gov. Jan Brewer on Monday unveiled the details of the long-awaited Arizona Competitiveness Package, a raft of tax cuts and incentives that she said will boost job growth and make Arizona a haven for businesses.Read More »