Bloomington, Indiana (June 23, 2014) – The Bloomington Economic Development Corporation (BEDC) Board of Directors announced today that Lynn Coyne has been named President.

A search committee comprised of BEDC members and local stakeholders spent considerable time and effort reviewing resumes and interviewing qualified candidates. Ultimately, the Board of Directors selected Interim President Lynn Coyne to be the full-time President. Mr. Coyne will continue to carry out BEDC’s mission of retaining, developing and attracting quality jobs in Monroe County.

“The search process was wide-ranging and thorough, lasting several months. We wanted to make sure the next leader of the BEDC would bring experience in economic development, would be able to maintain and build upon the relationships with local stakeholders and local and state government, and was also an individual who cared deeply about the long term needs of our community,” stated Kevin Halloran, Chairman of the BEDC Board. “With Lynn, we are extremely confident that we found that individual.”

Mr. Coyne has a long history of involvement in local economic development and commitment to the community which includes former work as Assistant Vice President for Real Estate and Associate Counsel at Indiana University, Adjunct Instructor at the IU School of Public and Environmental Affairs, a local attorney, and past Chair of the BEDC Board. As Interim President since February of this year, he skillfully carried out the President’s duties and expanded on opportunities and programs.

“After serving as Interim President, I found the tremendous work of the BEDC and that of the staff to be vital to our community’s future and wanted to continue the work where I feel I can play a significant role,” Mr. Coyne stated.

Mr. Coyne replaces Ron Walker who resigned from the position after seven years with the organization to work as Vice President of Commercial Real Estate at CFC Properties in Bloomington.

About the BEDC

The BEDC is a not-for-profit organization dedicated to the retention, development and attraction of quality jobs in Monroe County. The BEDC is led by a partnership of private industry leaders, the City of Bloomington, Monroe County, Indiana University and Ivy Tech Community College–Bloomington. For more information, visit www.comparebloomington.us.

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Media Contact:

Lynn Coyne, President, BEDC

(812) 335-7346, lcoyne@comparebloomington.us

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