Friday, March 13, 2015

Apparently, being the Chief Financial Officer of the Wisconsin Economic Development Corporation is not much of a resume-builder


WEDC under fire again for not tracking loans, losing top executives.  (Milwaukee Journal Sentinel, 3/13/2015)
Assembly Minority Leader Peter Barca, D-Kenosha, issued a letter Thursday urging the Wisconsin Economic Development Corp. to hire an acting chief financial officer after previous CFO Stephanie Walker left in January. She was the organization’s fourth CFO since its creation less than four years ago. 

Barca said the hire is critical because WEDC has had problems tracking state loans and grants. A May 2013 audit found the quasi-public agency was not following state law in how it was keeping tabs on millions of dollars in taxpayer subsidies, and earlier this week the Milwaukee Journal Sentinel reported that the agency continues to have difficulties despite assurances that the problem had been addressed.

Related posts:
WEDC's revolving door.  (9/12/2014)
Here's how the Wisconsin Economic Development Corporation is "Reinventing Economic Development".  (8/24/2014) 
Company looks to expand its business geographic focus?  (8/14/2014)
Scott Walker and the horrible, terrible, no good, very transparent day.  (7/28/2014)
Kestrel Aircraft: All these incentives, but no construction, no jobs.  (7/13/2014)
The Eaton Corporation/WEDC timeline of shame.  (7/10/2014)
Wisconsin featured in report on privatized state economic development agencies.  (10/25/2013)
Wisconsin Economic Development Corporation pledge: Following the money.  (7/23/2013)
Incompetence rewarded.  (5/9/2013)
And while we're at it, let's take a look at WEDC 's core values. (5/9/2013)
WEDC Public Information Officer Resigns After 1 Month on the Job.  (5/9/2013)
Plenty of time for messaging but none for fixing what ails WEDC.  (5/9/2013)
Previous WEDC audits?  What previous audits?  (5/8/2013)
Are you seeing a trend yet?  (5/8/2013)
Echoes.  (5/7/2013)
Get me rewrite.  (5/4/2013)
Legislative Audit Bureau Report on Wisconsin Economic Development Corporation: The "Cliff Notes" Version.  (5/3/2013
"Tales of woe never end at WEDC."  (4/25/2013)
Enterprise Florida and Wisconsin Economic Development Corporation share a lack of transparency.  (2/28/2013)

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