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What you need to know for 01/21/2017

RPI's Jackson leaves Economic Development Council

RPI's Jackson leaves Economic Development Council

Rensselaer Polytechnic Institute President Shirley Ann Jackson resigned Friday as co-chair of the Ca

Rensselaer Polytechnic Institute President Shirley Ann Jackson resigned Friday as co-chair of the Capital Region Economic Development Council.

In a letter to council members, the only reason Jackson gave for the resignation was that the “timing is ideal for me to transition from the leadership position.”

She is the second co-chair to resign from the position since the council was created last year.

SEFCU President Michael Castellana resigned earlier this year and was replaced by Albany Medical Center President and CEO Jim Barba.

“Be assured that I am dedicated to, and will remain actively involved in, the ongoing economic growth of the Capital Region and New York State,” she wrote.

The news comes on the heels of Gov. Andrew Cuomo’s awarding regional economic development funds to the 10 councils across the state.

The Capital Region won the smallest pot of award money during the second round, with $50.3 million for 84 projects.

In both rounds, the Capital Region council’s largest funding request was for a multimillion-dollar supercomputer at RPI.

The project received nothing both times.

In her resignation letter, Jackson said the council has implemented a solid strategic plan that builds on the region’s strength and “fortifies our Economic Ecosystem.”

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