Schultz Resigns as DCEO Head, Will Take Over State's New Private Economic Development Agency

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Published on April 4 2016 6:27 am
Last Updated on April 4 2016 6:55 am
Written by Greg Sapp

Effingham's Jim Schultz has resigned as head of the Illinois Department of Commerce and Economic Opportunity. Schultz will now head the Illinois Business and Economic Development Corporation.

Governor Bruce Rauner has designated Sean McCarthy as Acting Director of DCEO.

Rauner said Schultz and McCarthy will now collaborate on economic development activities in the state of Illinois.

The IBEDC was recently created by executive order of the governor.