DURANT – The Board of Directors of REI Oklahoma appointed Kenny Simpson interim president and CEO, following Tom Seth Smith’s retirement on Friday.
A search for a new president and CEO will be conducted by the board. A reason for Smith’s immediate retirement was not disclosed.
“REI has an outstanding team, and we are confident Kenny and the team will continue during this interim period to successfully assist businesses and communities across Oklahoma,” Karen James, chair of the board of REI Oklahoma, said, in a news release.
“I have enjoyed working with Tom for the past two decades and wish him the very best in his retirement,” Simpson said. “I am looking forward to working with our team and am committed to continuing our efforts to create jobs and enhance Oklahoma’s economy.
“On behalf of REI, I want to thank Sherry Harlin for taking on additional responsibilities while I was out during a recent illness,” Simpson said. “We truly appreciate her more than 30 years of commitment to our organization. Moving forward, Sherry will continue in her current role as business development director.”
Simpson, who is executive vice president of REI, has more than 25 years of finance experience, including 20 years with the organization. As executive vice president, he has been responsible for the day-to-day operations of REI. Simpson serves on the board of directors for the New Markets Tax Credit Coalition (NMTCC), and is a member of the Governor’s International Team and Oklahoma Economic Development Council. He also serves as president of REI New Markets Investment, LLC.
About REI Oklahoma
REI Oklahoma, celebrating 30 years of economic development, provides business services to entrepreneurs statewide with a mission to create jobs and enhance Oklahoma’s economy. REI Oklahoma is governed by a 13-member board of directors, has a staff of 40 economic development professionals with offices in Durant, Oklahoma City, Tulsa, Lawton and Alva. For more information, visit www.ruralenterprises.com or www.Facebook.com/REIOklahoma.