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Chief Executive Officer

2 months ago

Princeton, Texas, United States City of Princeton Full time
About the City of Princeton

The City of Princeton is a vibrant and rapidly-growing community with a diverse population. Located on the US 380 corridor, the City is situated northeast of Dallas and is minutes away from I-75. Over the last decade, the City's considerable growth rate has created significant opportunities for retail, entertainment, and commercial development.

Job Summary

The Chief Executive Officer will provide strategic leadership and operational oversight for the City of Princeton's Economic Development Corporation and Community Development Corporation. This role involves developing and executing economic development strategies, managing relationships with key stakeholders, and driving initiatives that support the City's economic growth and development objectives.

Key Responsibilities
  • Business Retention and Recruiting: Lead business recruitment, retention, and expansion activities. Develop marketing campaigns, negotiate with industry representatives, and establish and maintain relationships with developers and brokers.
  • Strategic Planning and Implementation: Develop and oversee the execution of comprehensive economic development strategies that align with community goals and objectives, focusing on growth, sustainability, and innovation.
  • Operational Oversight: Manage the PEDC and PCDC's daily operations, ensuring compliance with policies and procedures. Conduct surveys, research economic trends, and collaborate with external agencies and professional consultants.
  • Stakeholder Engagement: Build and maintain strong relationships with the City, other government officials, business leaders, community organizations, the Chamber of Commerce, school district, and other stakeholders to foster collaboration and support for economic development initiatives.
  • Program and Project Management: Lead and manage various economic development programs and projects, ensuring they are delivered on time, within budget, and meet their intended outcomes.
  • Financial Oversight: Oversee budgets, financial planning, and resource allocation, including securing funding from grants, investors, and other sources to support economic development activities.
  • Data Analysis and Reporting: Monitor and evaluate economic trends, performance metrics, and program effectiveness, providing regular reports and recommendations to the board of directors and other key stakeholders to guide decision-making and strategy refinement.
Competencies
  • Budget Oversight: Experience in managing budgets, financial forecasting, and ensuring fiscal responsibility in economic development projects.
  • Funding Acquisition: Skills in identifying and securing funding opportunities, including grants, investments, and public-private partnerships.
  • Visionary Planning: Ability to develop and articulate a strategic vision for economic development that aligns with community or organizational goals.
  • Leadership Skills: Capability to inspire, lead, and manage, fostering a collaborative and high-performance culture.
  • Economic Analysis: Deep understanding of economic theories, trends, and data analysis to drive informed decision-making.
  • Program Development: Proficiency in designing, implementing, and managing economic development programs and initiatives.
  • Communication Skills: Strong verbal and written communication skills to effectively engage with government officials, business leaders, and community members.
  • Relationship Building: Expertise in building and maintaining relationships with stakeholders, including businesses, investors, and community organizations.
  • Regulatory Understanding: Familiarity with local, state, and federal economic development policies and regulations.