DES MOINES -- Gov. Branstad Monday announced the appointment of 18 Iowa business leaders to the newly-created Iowa Partnership for Economic Progress (IPEP) and Iowa Innovation Corporation boards. Toby Shine, president of Shine Brothers Corp. in Spencer is among those who will serve in the state's new leadership effort.
The new boards are part of the restructured strategy for delivering comprehensive economic development services in the state.
"Today we are taking another step toward reaching our goals of creating 200,000 new jobs and increasing the wealth of Iowa families by 25 percent," Branstad said. "I am pleased that some of the most admired business leaders in our state have agreed to serve Iowa in this capacity."
Joining Shine on the IPEP board: Bill Fehrmann, president and CEO, MidAmerican Energy Company; Paul Schickler III, president, Pioneer Hi-Bred, a DuPont business; Larry Zimpleman, CEO, Principal Financial Group; John Smith, chairman of the board, CRST International Inc.; Mary Andringa, president and CEO, Vermeer Corporation; Marti Rodamaker, banker, First Citizens National Bank; Ken Lockard, chairman, Lockard Companies; Tom Aller, president, Interstate Power and Light, Alliant Energy; Roger Underwood, co-founder, Becker-Underwood; and Clay Jones, Chairman, president and CEO, Rockwell Collins.
The IPEP board will be co-chaired by the Governor and Lt. Governor, and will also include the director of the Iowa Economic Development Authority, the chair of the IEDA board and the chair of the Iowa Innovation Corporation.
"Governor Branstad and I have long discussed the importance of a public-private partnership to spur job creation," Lt. Gov. Kim Reynolds said. "I am proud to be here as these very capable Iowans are named to the Iowa Partnership for Economic Progress and the Iowa Innovation Corporation. Governor Branstad and I are confident that these board members will work tirelessly to promote Iowa and its workforce."
The IPEP board, created last week by the Governor with Executive Order 75, will serve as the umbrella organization for the public-private partnership that was developed by the Governor and legislature last session to enhance Iowa's approach to job and wealth creation. The Governor appointed business leaders across Iowa's major industries to this board. It is tasked with developing a comprehensive economic development strategy that will be carried out jointly by the Iowa Economic Development Authority (IEDA) and the Iowa Innovation Corporation.