Broking Resigns/Borling Takes the Helm

Tuesday, April 16, 2019

On February 7, 2012, the IEDC Board of Directors accepted the resignation of Joe Broking, President & CEO, and voted unanimously to name Jeff Borling as Interim President & CEO. Joe informed the Board of Directors and IEDC Investment Partners of his plans to resign, after accepting a new role as Chief Financial Officer for Magnetation, Inc.

During the past 18 months, Broking has served as an invaluable asset for IEDC, leading several new business expansion and attraction initiatives on behalf of the organization and its partners from throughout the region. Although he will be missed, we know that he will continue to have a positive impact on the local economy through his work with Magnetation, a long-time IEDC client, and we wish him all the best in his new position.

Jeff Borling has served as Director of Itasca Business Development for APEX and IEDC since February, 2010 and has led countless initiatives on behalf of the two organizations under a collaborative agreement. Borling assumed the President & CEO role on an interim basis beginning March 2nd.

An Executive Search Committee has been formed and interviews are now being conducted. The Board anticipates hiring a permanent replacement in Q2 2012.

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