NEW: Chafee’s Top Pick Withdraws From Hunt for New RIEDC Director
Thursday, February 14, 2013

William Parsons has declined Governor Lincoln Chafee's request to lead the Rhode Island Economic Development Corporation.
In a letter to the governor, Parsons said that a recent serious health issue has led him to believe that he could not accept the Executive Director position and the high stress and high demand that comes with it.
Parsons will stay on with the agency in his current role as the Managing Director of Community and Business Development.
“After reflecting on the duties and responsibilities of the Executive Director and in consultation with my family, I have determined that my recent health concerns will not allow me to adequately serve in this demanding role,”
Parsons said in his letter. “In the interest of stability and continuity for the RIEDC, I feel it is important for the next Executive Director to be in a position to make an extended commitment to the agency. Due to my recent health issues, I do not believe that I can make such a commitment to serving as Executive Director at this time.”
“I understand Bill’s request, and I can certainly appreciate his reevaluation in light of facing a potentially serious health issue,” Chafee said. “Bill has given many years to the EDC and I want to genuinely thank him for his ongoing service to our state.”
Parsons said he takes “tremendous pride” in Rhode Island and in his time helping “businesses grow and succeed."
“It has been a pleasure to work collaboratively with businesses, government, and other economic development partners to meet the needs of companies as they have expanded and relocated jobs in the state,” he said. “I am especially proud of being part of the ongoing turnaround taking place at the RIEDC over the last nine months.”
Related Articles
- EDC Buried in Legal Fees over 38 Studios
- EDC Buried in Legal Fees over 38 Studios
- EDC Carries $2.9 Million Payroll
- EDC Never Discussed 38 Studios After September 2010
- Is it Time to Blow Up the EDC?
- Lawmaker Calls for Major Changes at EDC
- NEW: Chafee Names 3 to EDC Board
- NEW: Chafee Names William Parsons Executive Director of RIEDC
- NEW: Chafee Nominates 3 More to EDC Board
- NEW: EDC & ProvPort Bring Two Upgraded Mobile Cranes to Port of Providence
- NEW: Foulkes Resigns from EDC Board
- NEW: Governor Chafee Announces RWU-EDC Partnership
- NEW: Paul McGreevy to Serve as EDC Advisor
- NEW: Wholesale Changes Suggested for EDC
- NEW:(add)ventures Wins Emmy for EDC Commercial
- Senate Inaction Could Throw EDC into Flux
- Should Chafee Fire the Entire EDC Board?
- State Report: Another EDC Loan Flop, the Chafee Grad Party & Sex Offenders
- State Report: Changes at EDC, Hurricane Sandy & Christmas Tree Chaos
Enjoy this post? Share it with others.
Commenting is not available in this channel entry.



Comments:
Robert Anthony
5:03pm on Thursday, February 14, 2013
A wise move on the part of the Governor's 1st round draft pick for the EDC.
Now then. why is it we have the EDC?
jon paycheck
12:14pm on Friday, February 15, 2013
smart move for job security... better to stay where you are under the radar for the next 20 years.
if you take the top job, you are destined for failure like the last 15 edc directors..
nothing personal - its just a no win situtation....
too much politics...too much interference