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What finalists?
Though Commerce Authority officials have said they are reviewing whether they will release the names of the finalists being considered in the search for a new CEO, current CEO Don Cardon told our reporter today that the selection committee doesn't even have a list of finalists.
ACA backtracks on plans to announce new CEO
After initially saying it would announce its new CEO at a meeting Friday, the Arizona Commerce Authority now says the selection may be pushed back and that it doesn’t even have a list of finalists yet.
Commerce Authority backs off controversial ‘stipends’
The Arizona Commerce Authority announced late Friday afternoon that it will not be awarding the $5,000 stipends it had earlier promised to15 companies eliminated from a competitive grant program.
The Goldwater Institute’s Clint Bolick sent a letter to the ACA earlier this month, warning that the awards for unsuccessful semifinalists in the agency’s Innovation Challenge could be a viol[...]
Commerce Authority to name new CEO at next meeting
The Arizona Commerce Authority will announce its new president and CEO at its May 18 board meeting.
Commerce Authority lawyers exploring whether Cardon should pay back $50K
Attorneys for the Arizona Commerce Authority are poring over outgoing CEO Don Cardon’s contract to see whether the agency can recoup a $50,000 signing bonus he received, and will likely put safeguards into his successor’s contract to make sure it won’t be a question next time.
Brewer eyes a raft of changes to tax code
Gov. Jan Brewer is looking to build on last year’s tax cuts with a handful of changes aimed at fixing “problem areas” in the state’s tax code.
Michael Hunter, Brewer’s lobbyist, outlined the changes the governor wants to make at an Arizona Commerce Authority Board meeting on Wednesday.
Head of Arizona Commerce Authority to step down
Arizona's top economic development official is stepping down.
ACA awards second grant from deal-closing fund
Silicon Valley Bank will be the second recipient from the Arizona Commerce Authority’s $25 million deal-closing fund, and several more are likely to be announced soon.
Rocky start for Commerce Authority has fiscal hawks looking to rein in power
Outraged by what they see as exorbitant spending and questions of transparency, some lawmakers are considering taking back some of the power they gave the Arizona Commerce Authority last session.
If you can imagine the headline…
No members physically present, no answering of questions before or after the meeting and no details of the primary agenda item prior to official action on the matter.
Mixing work and pleasure in Albania
At yesterday's Commerce Authority board meeting, Don Cardon said he returned on Sunday from a swing through Europe that he said was part vacation, part ACA business venture, and included business stops in Ireland and Albania.
