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Free NewsletterCommerce refuses to disclose CEO finalists
The Arizona Commerce Authority thus far has not released its list of finalists for outgoing CEO Don Cardon’s job, but one source who’s familiar with the search said Arizona Chamber of Commerce President Glenn Hamer is in contention and has been interviewed for the position.
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.
Critics say ACA tax credits to businesses should be fully disclosed
Since the Arizona Commerce Authority officially launched on July 1, it has awarded $17.2 million in incentives to companies moving to or expanding in Arizona. But detailed information is available for less than half of that money.
That’s because $9.3 million has been awarded in the form of tax credits, which are defined in Arizona statute as confidential taxpayer information.
Cardon will return $50K signing bonus
Outgoing Arizona Commerce Authority President and CEO Don Cardon will give back the $50,000 signing bonus he received last year.
Capitol Quotes: Jan. 20, 2012
This week's most outstanding quips, jibes and utterances.
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.
Capitol Quotes: Jan. 13, 2012
This week's most outstanding quips, gibes and utterances.
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.
ACA to award deal-closing cash for Tempe company’s expansion
After being in place for four months, the Arizona Commerce Authority Oct. 24 announced its first award from its $25 million deal-closing fund.
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.
Commerce Authority set to begin awarding grants from deal-closing fund
The Arizona Commerce Authority board of directors approved guidelines for its $25 million Arizona Competes fund, vowing close scrutiny of any company that wants a grant from the deal-closing fund.
