December 15, 2011
The groups formally announced an agreement Dec. 15 to unify as one organization to be known as The Greater Colorado Springs Chamber and EDC, effective February 1, 2012.
The respective boards submitted nominations and voted to appoint a slate of fifteen directors. Reddy will join Chris Blees of Biggs Kofford, Frank Caris of dpiX, Debbie Chandler of Colorado Springs Health Partners, Toby Gannett of The Palisades at Broadmoor Park, Steve Helbing of Wells Fargo, Chris Jenkins of Nor'wood Development Group, Mike Jorgensen of Red Noland Cadillac, Inc., Dan Malinaric of Atmel, Tom Neppl of Springs Fabrication, Inc., Kevin O'Neil of The O'Neil Group, Sherri Newell of Colorado Springs Utilities, Dave Palenchar of El Pomar Foundation, Doug Quimby of La Plata Communities, Inc., and Air Force General (retired) "Gene" Renuart, Jr.
The new board comprises five members from each of the Chamber and EDC boards and five at-large members. The chair of the new board will be appointed at its first official meeting after Feb. 1, 2012. The respective Chamber and EDC boards have directed the newly appointed board to serve prior to February 1, 2012, as the transition team planning the merger and effecting its implementation.
A search committee has been established to conduct a national search for the CEO of the new organization. It is anticipated that the CEO will be in place within the next three to four months. The search committee is co-chaired by Chamber board Chair Bill Hodgkins and EDC board Chair Doug Quimby.
While economic development and job creation will be at the forefront of the new organization, it is anticipated that the membership programs and services of both organizations will remain the same with any modifications or changes done so in concert with the investors and members.