HADCO Still Seeking New President - WOWK 13 Charleston, Huntington WV News, Weather, Sports

HADCO Still Seeking New President

Posted: Updated:
  • Local NewsLocal NewsMore>>

  • UPDATE: All Northbound lanes open on I-77 at East River Mountain Tunnel

    UPDATE: All Northbound lanes open on I-77 at East River Mountain Tunnel

    Saturday, July 26 2014 6:42 PM EDT2014-07-26 22:42:00 GMT
    All northbound lanes are back open after a tractor trailer that caught fire inside the East River Mountain Tunnel on Friday. It happened in the northbound lanes of the tunnel that divides Mercer and Bland around 2:00 Friday afternoon.
    All northbound lanes are back open after a tractor trailer that caught fire inside the East River Mountain Tunnel on Friday. It happened in the northbound lanes of the tunnel that divides Mercer and Bland around 2:00 Friday afternoon.
  • Sistersville Woman Crowned Mrs. West Virginia, Will Compete for National Title

    Sistersville Woman Crowned Mrs. West Virginia, Will Compete for National Title

    Tuesday, July 15 2014 4:17 AM EDT2014-07-15 08:17:38 GMT
    A Sistersville mother, wife, and soon-to-be teacher, holds another very impressive title as she gets ready to take on the competition on a national stage.Mrs. West Virginia, Melissa Smith, will compete for the title of "Mrs.United States," in September. Smith travels throughout the state right now helping to push her platform. "Right now, I'm very focused on improving literacy education. I'm going to be an elementary school teacher and I have been traveling throughout West Virginia reading to...
    A Sistersville mother, wife, and soon-to-be teacher, holds another very impressive title as she gets ready to take on the competition on a national stage.Mrs. West Virginia, Melissa Smith, will compete for the title of "Mrs.United States," in September. Smith travels throughout the state right now helping to push her platform. "Right now, I'm very focused on improving literacy education. I'm going to be an elementary school teacher and I have been traveling throughout West Virginia reading to...
  • Federal judge in Martinsburg, West Virginia, sends 10 to prison for violating probation

    Federal judge in Martinsburg, West Virginia, sends 10 to prison for violating probation

    Sunday, July 6 2014 11:00 AM EDT2014-07-06 15:00:12 GMT
    Nine Martinsburg, West Virginia, residents and another from Keyser were sentenced to federal prison for breaking the law while they were on supervised release or probation.
    Nine Martinsburg, West Virginia, residents and another from Keyser were sentenced to federal prison for breaking the law while they were on supervised release or probation.

By JAMES E. CASTO

For The State Journal

HUNTINGTON – The arrival of 2013 finds the Huntington Area Development Council (HADCO) continuing its search for a new president to replace Marc Sprouse, who has announced he intends to retire.

In a letter to HADCO supporters, Huntington attorney Stephen J.  Golder, the organization's chairman, indicated that a nationwide search thus far has not identified a suitable person for the job. "We are committed to finding the best candidate to lead HADCO," he said.

"It had been our hope to have a new president installed by year end," Golder said. Instead, the search is continuing.

HADCO was created in 1992 with a mission of attracting new employers to Cabell and Wayne counties, retaining existing employers and helping all employers expand their businesses. A public-private partnership, it receives 80 percent of its funding from companies and individuals in the private sector and 20 percent from local government.

It operates a $10 million loan pool from area banks to finance new projects. In addition, it acts as a broker for state, federal and local financing, and job training loans and grants to assist new and expanding businesses.

Sprouse has been HADCO president since 2009. Before that he was an active member of the HADCO board, and he was one of the organization's founders. A banker by profession, he served in numerous roles with several Huntington banks before taking the post at HADCO.

When he announced in September that he intended to retire, he said it was hoped that the organization would have a new president in place by the end of the year. However, he indicated he was willing to stay on until a suitable replacement was found and acclimated to the position.