Mickey's Mail - 4/11/18
Economic Development, Jobs Growth and The QR
In the past three weeks, our three chambers of commerce in Stratford, Trumbull and Bridgeport have hosted their chief elected officials “State of the Town (or City)” annual address to our members. Mayor Laura Hoydick (Stratford), First Selectman Vicki Tesoro (Trumbull) and Mayor Joe Ganim (Bridgeport) each regaled us with all the economic projects that are underway in each of their respective jurisdictions.
Our chambers have each played an important role here in the many projects that are underway, or planned, in each municipality. Frankly, these presentations give us all an opportunity to reflect once a year on the economic progress we are making in our region, progress that is not always reflected in the media. I came away from each of these presentations with a sense of hope for more jobs and increased tax revenues, and a renewed determination to see these projects through to fruition.
For several years now, the BRBC has been publishing each quarter a report we call The QR which stands for, surprise, The Quarterly Review of Economic Development.
The QR, highlights key projects in Bridgeport, Fairfield, Monroe, Shelton, Stratford, and Trumbull and it is published four times a year – twice in print and twice as a digital update.
This latest digital edition that you can link to from the adjacent cover photo, showcases projects that add up to more than $1.1 billion dollars in regional investment and that will add more than 3,500 jobs to our region.
This review really is a great news overview of all the exciting economic development going on here. Projects move from planned to completion in The QR and all projects we’ve reviewed are housed here on the BRBC website.
We owe a debt of gratitude to the sponsors of The QR. They are: AVANGRID, BRIDGEPORT Fittings, Century 21 Scala Group, Civil 1, FUSS & O'NEILL, GANIM FINANCIAL, and People's United Bank – We would not be able to deliver this publication without their help.
Link to The QR and a Showcase of our Sponsors Here!
So “Whassup” with Mickey?
Ever since last Friday when the news broke that the BRBC was looking for a President & CEO to replace a role I have filled for the past 17 months, I have been besieged with questions from the media and from our members. The common theme from all the inquiries: What happened? Why would you and the BRBC part ways?
The direct, simple, truthful answer is that nothing happened. When the BRBC was unsuccessful in August 2016 with finding an immediate replacement for my predecessor, Paul Timpanelli, who was retiring after 28 years, I offered to step up and take on Paul’s role for a defined two-year period beginning on November 1, 2016.
It is now slightly over 17 months later, and the BRBC Board of Directors is once again initiating a search process to fill my position when my two-year term is up in November.
There is simply nothing negative about this process. Our board chair, Kate Hampford Donahue, has referred to my “term of office” so far as “amazing”. A bit hyperbolic, for sure, but I greatly appreciate the sentiment.
I have already come to view my time here as a very special capstone to a long career, and I am indebted to the BRBC Board of Directors for affording me an opportunity to transform this great organization over the time I am able to serve as its CEO.
The next big question I get asked: “what’s next?” Not sure yet, but as my good friend, Charlie Dowd, told me “you can’t sit still”, and he’s right about that.