River Ridge Exec Leaving

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A key executive is leaving the River Ridge Development Authority in Jeffersonville. Director of Marketing and Finance Paul Wheatley is leaving to create an economic development consulting firm.

January 12, 2015

News Release

Jeffersonville, Ind. -- Paul Wheatley, Director of Marketing and Finance at the River Ridge Development Authority announced today he is leaving his post to create an economic development consulting firm, The Wheatley Group, LLC. Wheatley has served nearly four years in his capacity at River Ridge and has been instrumental in the upward trajectory of the industrial park's profile. He hopes to remain involved at River Ridge in a consulting role with particular emphasis on bond financing and the management of the park's tax increment finance district and urban enterprise zone.

"While we are sorry to see Paul leave as a full-time employee, we are thankful that he is willing to continue supporting our efforts in a consulting capacity," said Jerry Acy, River Ridge Development Authority Executive Director. "This arrangement will give Paul the ability to pursue his other business quests and will allow for a smooth transition in personnel."

"I want to thank the River Ridge Board of Directors and especially Mr. Acy for the opportunity to serve this community," said Wheatley. "We have had great success in the last several years and I look forward to working with the River Ridge staff going forward."

The River Ridge Commerce Center has seen tremendous growth over the last several years and is now home to over 6,000 employees. Infrastructure development coupled with Indiana’s pro-business environment has been integral in landing some of the recent high-profile automotive supplier projects which have included both Autoneum and Tenneco. The opening of the Ohio River Bridges Project in late 2016 will continue to elevate the park’s status as the premier industrial park in the Midwest.

About River Ridge Commerce Center:

The River Ridge Development Authority owns and manages the River Ridge Commerce Center, located on approximately 6,000 acres along the Ohio River in Clark County, Indiana. The River Ridge Development Authority was created by the Commissioners of Clark County on February 17, 1998 for the purpose of redeveloping the former Indiana Army Ammunition Plant. It is the mission of the River Ridge Development Authority as mandated by Indiana statutes to plan, rehabilitate, redevelop, and prepare the former Indiana Army Ammunition Plant for private enterprise and development for the benefit of the economy, property values, public health, safety, morals and welfare. For more information, please visit www.riverridgecc.com.

About The Wheatley Group, LLC

The Wheatley Group, LLC is a Sellersburg, Ind.-based firm specializing in the conception, planning, and implementation of economic and redevelopment initiatives. By utilizing its existing knowledge base and the relationships of its principal and founder, Paul Wheatley, The Wheatley Group, LLC provides its clients with a strategic advantage in project planning and execution. Since 2005, Paul Wheatley has been working in economic development and redevelopment positions in both the public and private sectors. His professional experience has afforded him the opportunity to work with many prospective companies, governmental organizations, and key community stakeholders.

Source: River Ridge Development Authority