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November 21, 2019

CERC adds five more high-profile execs to board

Photo | Contributed Hartford Foundation President Jay Williams.
By Joe Cooper

Connecticut’s new business recruitment arm has named the presidents of the Hartford Foundation for Public Giving and Quinnipiac University among five new members to its board of directors.

Since forming a public-private partnership with the state Department of Economic and Community Development (DECD) in February, Rocky Hill-based nonprofit Connecticut Economic Resource Center Inc. (CERC) has been steadily growing its now 12-member board. 

On Wednesday, CERC announced another round of additions to the group. They include the following:

  • Jay Williams, president of the Hartford Foundation for Public Giving
  • Judy Olian, president of Quinnipiac University
  • Gregory Butler, executive vice president and general counsel of Eversource
  • Anthony Marone, president and CEO of Avangrid Networks
  • Thomas Rutledge, chairman and CEO of Charter Communications

“We welcome these highly respected leaders to the CERC board as CERC implements Gov. Lamont’s vision for business development and economic growth,” CERC board co‐chairs Indra Nooyi, a former PepsiCo chairwoman and CEO, and Jim Smith, a former Webster Bank CEO, said in a statement.

“Their diverse talents spanning business, education, philanthropy and community will inform CERC’s strategic choices, and they share the private sector’s sense of urgency to improve Connecticut’s economic and business competitiveness,” they continued.

The appointees join a high-profile board that, in addition to Nooyi and Smith, includes DECD Commissioner David Lehman, Stanley Black & Decker CEO Jim Loree, Amphenol Corp. CEO R. Adam Norwitt, Donald Kendall Jr., co-founder and chair of Social Venture Partners (SVP), and Jeffrey Sonnenfeld, an associate dean at the Yale School of Management.

Under the public-private alliance, CERC is focused on researching ways to retain and recruit business to the state while DECD is continuing to promote the area’s business sector and to help companies relocate to the state. The collaboration, known as the Partnership to Advance the Connecticut of Tomorrow (PACT), is overseen by Lehman.

Founded in 1993, CERC is led by newly appointed CEO Peter Denious, who spent recent decades in the investment industry.

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