An economic development leader from Indianapolis has been named the first president of the Saratoga County Prosperity Partnership.
The appointment of Martin K. Vanags was announced Wednesday in Ballston Spa. He will be paid a $155,000 annual salary.
"Marty Vanags is a seasoned, respected leader who has had a successful career growing economic development organizations from the ground up," said Prosperity Partnership Chairman John E. Lawler, R-Waterford.
Lawler said the selection was the culmination of a six-month national search for someone to head the new economic development organization, formed last year after Saratoga County's split with the Saratoga Economic Development Corp.
"I think we'll be successful in bringing prosperity to the county, pun intended," Vanag said after being introduced to the county Board of Supervisors.
Vanag, 53, is vice-president of regional economic development for the Indy Chamber and Indy Partnership, overseeing a nine-county economic development organization in central Indiana. Saratoga officials said he helped the Indianapolis region secure 11,000 new jobs and $1.45 billion in capital investment in 2014.
From 2004 until early 2013, Vanags was CEO of the Bloomington-Normal Economic Development Council in Illinois. He previously held several other economic development positions in Illinois. He is a board member of the International Economic Development Council.
Vanags is a graduate of Illinois State University, with a master’s degree in public administration from Northern Illinois University. He is married and has two adult children.
Lawler said the Prosperity Partnership will now pursue goals set forth in a 2014 county economic development strategic plan: to promote business and industry and tourism and agriculture.
Vanags will start May 6. By then, the partnership's new office in Malta is expected to be ready.