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July 22, 2019

CERC taps VC exec to succeed Santy

The Connecticut Economic Resource Center has named a venture capital executive and longtime Wilton resident as its new president and CEO.

Photo | Contributed
Peter Denious is the new CEO of CERC.

Peter Denious, who is also a Trinity College alum, most recently worked as co-head of venture capital at Aberdeen Standard Investments.

He succeeds Robert Santy, who announced his pending retirement last September.

CERC said it vetted dozens of candidates for the role, mainly from the Northeast.

Co-chairs Jim Smith and Indra Nooyi oversaw the search, along with vice chair Don Kendall and DECD Commissioner David Lehman.

Under Gov. Ned Lamont, CERC and DECD have become more closely intertwined as a business attraction and retention entity.

“Peter has the business development disciplines, finance and structuring skills, as well as strategic disposition and leadership gravitas to make a meaningful impact on economic growth in Connecticut,” Smith and Nooyi said in a joint statement Monday. “He has basically spent his entire career putting the client first, helping realize commercial and economic opportunity through connecting ideas, people and capital.”

Lamont said Denious’s background is “well suited to help CERC redirect and expand its resources to better engage with the business community as well as leverage private sector relationships.”

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