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JobsOhio Board Appointed

Monday, July 11, 2011 at 1:35 PM

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JobsOhio is going from theory to practice....the new private non profit job creation board has had its first meeting and its members have been appointed. Ohio Public Radio's Jo Ingles reports.

KASICH: “Ok it’s 9 o’ clock.  Everybody take their seats.  We are no longer goverment here so we are going to start on time and act like private sector people do....(fades under)”

Governor Kasich says Ohio needs to move at the speed of business if the state is going to attract and retain jobs.  He says the state is too slow, too bureaucratic and Kasich is hoping to change that with his nine member JobsOhio board. 

KASICH: “I think we are going to have a big success with JobsOhio.  It’s new, it’s exciting and I know there are other states around the country that have an interest in what we are doing here in Ohio.”

Governor Kasich’s Jobs Czar, Mark Kvamme, has resigned form his post as the state’s Job Creation officer and has been appointed the interim Chief Investment officer for the new nine member JobsOhio board.  Other members of the board include Gordon Gee, President of Ohio State University, James Boland who’s retired from Ernst and Young, and Martin Harris, Chairman of Information Technology at Cleveland Clinic.  There’s also Gary Heminger of Marathon Petroleum, Bob McDonald of Proctor and Gamble, Pamela Springer of Manta Media and Steven Davis, CEO of Bob Evans Farms.

KASICH: “When you take Boland, Harris, Gee, Davis, McDonald, Springer Kvamme and Heminger, honest I don’t think we could do better with the leadership team here.”

Mark Kvamme will be the man leading this leadership team, at least for now as the interim Chief Investment officer.  Other members of the board voted to pay Kvamme $300,000 dollars a year plus bonuses to do the job.  But Kvamme, who’s been working until now as Governor Kasich’s Job Creation officer, says he wants to keep the salary he’s been earning as an employee of the Governor’s office.

KVAMME: “What I’d like to do is propose in this interim basis since I’m on the board that I get paid my existing salary from the state of a dollar.  It’s kind of fun getting paid a buck.”

Kvamme, a venture capitalist from California, says he will put his name in the hat for consideration to take the job on a permanent basis.  Kvamme tells reporters the board is getting in a position where it can offer financial inventives to companies to locate here. And he says the state should see the fruits of this board’s labor soon.

KVAMME: “I suspect in 2 or 3 years, what I will be very happy to see, are several organizations that are coming to Ohio for the business climate we have here in the state and will not be receiving call it tax credits or other sources of stimulus.  Because what we want to do is show that this is a great place to do business and they come here because it’s a great place to do business.”

Governor Kasich says there’s a ninth board member who remains to be appointed.  He says some people he’s asked to serve on the board have turned him down.

KASICH: “There were a couple of people we approached who had legal counsel say we are not comfortable with them doing this because of potential conflicts but there was nobody who said I don’t want to do this because I’m not interested.”

Board members of JobsOhio will not receive financial compensation.  The terms of the members will run from one to four years….timing of those terms will be staggered.  The next meeting of the JobsOhio board will be in September.

Tags

Economy, Regional Economy/Business - News, Government/Politics, Statehouse News Bureau

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