Appointed Louisiana Economic Development secretary by Gov. Bobby Jindal in January 2008, Stephen Moret has transformed LED into one of the nation’s top state economic development agencies. Under Moret’s leadership, LED has become a fast, creative and highly responsive partner for corporate executives and site selection consultants; a champion for small business and other existing Louisiana employers; and the architect of Louisiana’s economic renaissance. Some of LED’s top wins under Moret’s leadership include landing Louisiana’s fifth Fortune 1000 headquarters; attracting EA’s first North American Test Center; recruiting Nucor’s iron and steel production facility; landing two corporate headquarters expansion and retention projects by CenturyLink, the state’s largest Fortune 500 company; attracting a major GE Capital technology center to New Orleans; and establishing LED FastStart™, Louisiana’s highly acclaimed workforce development initiative.
Site Selection magazine recently ranked LED the best-performing state economic development agency in the U.S., and Business Facilities magazine ranked LED FastStart™ the top state workforce-training program in the country in 2010, 2011 and 2012. Southern Business & Development named Louisiana the magazine’s State of the Year or Co-State of the Year for three consecutive years (2009 through 2011). Since January 2008, Louisiana has improved to its highest-ever position on every ranking of state business climates by industry publications.
Secretary Moret earned a Bachelor of Science degree in mechanical engineering from Louisiana State University and he holds the Master of Business Administration degree from Harvard Business School, where he was the recipient of the Dean’s Award, an annual honor that celebrates the extraordinary achievements of graduating students who have made a positive impact on Harvard and broader communities.
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