Detroit, Mich., 3/20/17 – Detroit Economic Growth Corporation (DEGC) announced today that President and CEO Rodrick T. Miller is leaving the agency to pursue other opportunities.
“During Rod’s tenure Detroit’s economic development has accelerated rapidly,” said Jim Vella, chairman of the DEGC board. “Rod’s commitment to projects such as the redevelopment of Paradise Valley and Motor City Match that focus on opportunities and a better quality of life for Detroit-based businesses and residents have been an important part of our progress. We wish him well in his new endeavors.”
Miller said, “I’ve enjoyed playing a role in the growth of Detroit’s economy and helping shift perceptions about our community’s value as a targeted location for businesses from around the globe. I am excited about the next chapter and have enjoyed getting to know the Detroit business and civic community.”
DEGC is the primary economic development agency for the city of Detroit. Miller joined DEGC as its president and CEO in September of 2014. His term will end as of March 31, 2017. Key economic development milestones for the city during Miller’s tenure include:
· Launch of Motor City Match – a robust small business program that serves as a centerpiece of the organization’s work to revitalize neighborhoods and has distributed almost $3 million in matching grants and helped support more than 570 businesses around the city with grants, technical assistance and expansion capital
· Comprehensive development plan for the Paradise Valley Cultural and Entertainment District – a project involving five Detroit-based developers with committed investments of over $50M to create a district that celebrates Detroit’s African American cultural heritage
· Groundbreaking for Little Caesar’s Arena along with $170 million in new development announced to date in the District around the arena
· Flex-N-Gate $95 million investment and up to 650 new jobs in an automotive supply facility in the I-94 Industrial Park
· Announcement that automotive seating supplier, Adient will move its global headquarters to Downtown Detroit with 500 jobs and $50 million in capital improvements to the building
· Consolidation of offices for Ally Bank, with 1,500 employees and contractors now working in Detroit
· Announcement by Microsoft that it will open a Technology Center in Detroit
· The Detroit Pistons announcement of their relocation to downtown Detroit
DEGC CFO Glen Long has been named interim president of the organization as the DEGC board searches for Miller’s successor. Long has worked at DEGC for almost 25 years and has been CFO since 2002. Vella said the DEGC board will be working diligently to find a permanent CEO who can build on the city’s current momentum and who reflects all that Detroit has to offer.
Download a photo of Rod Miller