Maloney asks about morale and long-term vision; concludes with call for permanent president
Maloney asks about morale at EDC without a permanent president. Jung says EDC staff are motivated by their mission of creating economic opportunities. Perry adds that staff love interim President Pak, an EDC veteran who knows the work, and that the organization has not felt a lack of direction. Maloney asks if the interim title hinders long-term vision; Perry says no, citing public grocery and insurance captive projects. Maloney concludes by stressing the importance of installing a permanent president.
How is the lack of a permanent president impacting day-to-day morale of employees at NYC EDC?
That's a good question.
Thanks, Chair.
I think generally, obviously, people are curious about what will happen.
But like I mentioned before, EDCers are at EDC to drive impact, to create economic opportunities for everyday New Yorkers.
I think we as staff feel lucky that that is our nine to five that we can do every single day.
And so we're motivated by the higher purpose of supporting and serving New Yorkers and realizing economic opportunities for everybody.
And so I think that's our laser focus now and implementing on key commitments that we have, including in the Jeep, but otherwise.
Sorry, the only thing that I would add, Shermaloney, is at EDC, we love Interim President Pack.
We think that she is doing an amazing job.
And so we have not really felt.
a lack of any direction.
As my colleague said, we're in constant contact with DM Sue, her team in the administration, and President Pack has really driven us forward.
She is an EDC-er, she knows our work, so in some ways, right, it's been a great transition for us in that we have someone who's fully on board and ready to move forward.
And we're just excited, I think, about the new things that the admin's giving us to do.
We have never been busier, which is a good thing, but no additional information, but we're really happy with President Pack.
I agree.
The interim president has done a fantastic job of leading the organization.
Do you believe there's been any hindrance on the ability to have a long-term vision or long-term plan when the title is interim president?
I don't think so.
I mean, we have really been like moving ahead full steam.
We're moving full steam ahead, at least from the work that I've seen.
Like we haven't stopped.
It hasn't prohibited us from working closely with the administration as we roll out big new projects.
So I think things like public grocery, things like the insurance captive, like did really require a lot of long term vision.
And we've been able to execute on that with President Pack, interim President Pack.
And so from an operational perspective, no, we still continue to like ideate like broadly into the future.
And work closely with the admin to do that.
Thank you for your testimony and for anyone listening.
I think it's very important and crucial at this juncture to install a permanent president with the full authority to set the direction.
for our economic development plan.
Thank you.