MADISON, Wis.
— The state's troubled economic-development agency has hired its
fourth chief financial officer in two years.
The Wisconsin Economic Development Corp. on Thursday named
Stephanie M. Walker as its CFO. The agency says she's unrelated
to Gov. Scott Walker, and her first day will be June 17.
Stephanie Walker is the finance director for the Milwaukee
County village of Shorewood. She held similar positions in Brown
Deer and in Berwyn, Ill.
Gov. Walker and the Republican-controlled Legislature created
WEDC in 2011 to help the governor meet his campaign promise to
create 250,000 private-sector jobs. But the agency has been
beset by problems, including persistent turnover.
The agency lost its first CEO after just 16 months on the job.
Its third CFO resigned last month after just 24 hours on the
job.
