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Economic Development Group Larger MSP names new CEO



Peter Frosch will take the helm of the regional economic development organization Greater MSP on March 22, replacing the retiring CEO Michael Langley.

Frosch, who has leadership roles in the group for six years, is currently Chief of Staff and senior vice president of strategy and partnerships. Langley announced his plans to retire after eight years as CEO in May 2018.

Frosch competed with dozens of nationwide candidates for the role of CEO, officials said.

Finally, Chairman Tim Welsh said that Frosch's work, which helps companies attract and retain workers in the region, set him apart from the competition. Frosch's talent preservation effort ̵

1; called Make It MSP – was recognized internationally and received awards.

"We are just ecstatic about this. Mike has led a remarkable organization and built it from scratch. And now Peter Frosch is the next generation of economic development leaders, Welsh said." Peter will lead bigger MSP to a new era of bold innovation, growth and even greater partnership. "

Langley also pointed out how Frosch helped build the organization.

Larger MSP is a nonprofit working with businesses, government agencies, lawmakers, universities and municipalities across 16 counties convincing companies to expand in or move to Twin Cities.

It is also involved in overall economic development efforts like last year's Super Bowl planning.

Major MSP officials said the organization is responsible for bringing $ 3 billion off financial investments for the Twin Cities and secure 25,000 jobs.

Welsh, former US bank manager Richard Davis and current Ecol ab CEO Doug Baker led the search committee, which voted Friday to make Frosch the organization's next CEO.

"The opportunity to lead this partnership is an honor and I am excited about the progress we are going to make together," Frosch said.

H He said he will continue to press for partnerships that help businesses grow, increase jobs and increase entrepreneurial growth while attracting and retaining color, researchers and digital experts.

"This is an important leadership role with great responsibility, but Greater MSP is not about anyone," Frosch said. "My work will be to bring together the incredible leaders we have in this region and to adapt and implement an ambitious group strategy."

Prior to joining MSP six years ago, Frosch served as the legislative director of the Democratic American rep. Betty McCollum. In that role, he helped her secure federal funding for Green Line Light Rail and the restoration of Saint Paul's Union Depot. Frosch also worked on two-party legislation under President Barck Obama in 2016, which led to the global food security law.

Frosch, who holds her bachelor's degree from Northwestern University and holds a Master of International Relations from Dublin City University, is a former director of the Minneapolis-based environmental initiative. He also worked with former Minnesota Gov. Tim Pawlenty to create a two-year statewide initiative called Clean Water Legacy.

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