Ocean State business leaders hold high hopes for Ioanna T. Morfessis, as she takes the reins of the R.I. Economic Development Corporation.

Gov. Donald L. Carcieri on Dec. 8 announced the Arizona economic consultant’s appointment, subject to approval by the state Senate. That same day the EDC board of directors approved offering Morfessis a three-year contract with a $250,000 annual salary plus benefits, the use of a car and payment of relocation expenses.

“She has a big personality, there isn’t any question about that,” said Hasbro Inc. Chairman Alfred J. Verrecchia, who chaired the search committee. He added: “We wanted someone who is going to be the individual that is going to energize the economic environment here.”

Full Story: Expectations high for Carcieri choice to lead EDC Source: Providence Business News, December 14th, 2009 Author: Chris Barrett Added on December 15th, 2009 at 11:27 am, by Matt Mikula