Mike Preston of Florida tapped as next director of Arkansas Economic Development Commission | Arkansas Blog

Wednesday, March 25, 2015

Mike Preston of Florida tapped as next director of Arkansas Economic Development Commission

Posted By on Wed, Mar 25, 2015 at 7:52 PM

click to enlarge PRESTON: Hutchinson's pick for AEDC director
  • PRESTON: Hutchinson's pick for AEDC director
Mike Preston, vice president for Government Relations with Enterprise Florida, is Gov. Asa Hutchinson's choice as the next director of the Arkansas Economic Development Commission, reports Roby Brock at Talk Business. Preston will be tasked with doling out millions in corporate welfare to bring in and retain businesses in the state. Hutchinson decided not to keep Grant Tennille, who served in the role under Gov. Mike Beebe, on the job. 

Little background from Talk Business: 

Preston was promoted to his position with Enterprise Florida in 2008. Enterprise Florida is a public-private partnership that serves as that state’s economic recruiting arm.

Hutchinson plans to hold a formal press conference at the capitol at 10:30 a.m. on Thursday to make the appointment. On Wednesday night, he hosted a reception of economic developers to introduce Preston as his pick.

Florida is considered one of the more active states in terms of economic development. According to the Enterprise Florida website, there have been six significant announcements so far in March, with almost 500 new jobs expected from the new deals.

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