New RAEDC President announced - – Rockford’s News Leader

New RAEDC President announced


The future of the Rockford Area Economic Development Council became a little clearer Tuesday, as it announced a new leader of the organization.

Don Thayer is taking on the title of RAEDC President, at least for now. Thayer will take over for Janyce Fadden, who announced last February she was stepping down as president to be closer to family in Alabama. Her last day is May 21st, which will be Thayer's first day. However, the duration of his term is questionable.

Thayer will spend at least six months as RAEDC President. But the group is still looking for someone to take on the job full time. Still, the organization said Thayer is not an interim president, and he will be with RAEDC as long as he's needed.

"Taking a look at my gray hair, my age, I'm probably not a long term candidate," said Thayer. "We haven't really set a timeline. We all have expectations about what period of time it may or may not take and I'm in it for the duration of what's needed."

Thayer has an extensive background in management and finance, spanning more than three decades. It's experience which he and RAEDC members say will help him continue to lead the group down a path of success.

Thayer said he was first approached about the position in April.  


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