MONTGOMERY, Alabama – The Alabama Department of Commerce announced today that Ted Clem has been named director of business development, placing the veteran economic developer in a leading role in the agency’s efforts to recruit new jobs and investment.
Clem’s senior management team includes Bob Smith as assistant director of business development – European strategy, and Hollie Pegg as assistant director of business development – Asia strategy.
“I feel privileged to lead an experienced economic development team at Commerce that has played a key role in many major successes across the state,” Clem said. “Going forward, I believe Alabama is well-positioned for growth opportunities in sectors ranging from automotive and aerospace to bioscience. We will work hard to secure more high-paying jobs for hard-working Alabamians.”
Clem, an Alabama native, began his career in 1990 as executive director of the Conecuh County Economic Development Authority and later worked for the Covington County Economic Development Commission. In Florida, he held posts at the Pensacola Chamber of Commerce and the Bay County Economic Development Alliance in Panama City. As president of the Albany-Dougherty Economic Development Commission in Georgia, he directed efforts to create an industrial park and an incentives fund.
In addition, Secretary Canfield thanked Smith for serving as Commerce’s acting director of business development for the past several months.
“Bob’s leadership during this period provided us the opportunity to complete an internal strategic review of our business development division and the time needed to focus on completing a new package of much-needed economic incentives in advance of the 2015 Legislative session,” Secretary Canfield said.