Updated Tue, Oct 2, 2012 6:12 pm
A new president and chief investment officer have been chosen for JobsOhio, an organization developed by Governor John Kasich that works to create jobs in the state.
The JobsOhio board has chosen Managing Director John Minor for the position.
Minor will replace current President and Interim Chief Investment Officer Mark Kvamme, who is resigning from his role and as a member of JobsOhio.
Kasich issued a statement Tuesday that acknowledged Kvamme as a valuable member of the JobsOhio team.
"Mark Kvamme has been an essential part of Ohio's efforts to create a jobs-friendly climate and begin to get back on track," he said. "We were lucky to get him and lucky to have had him as long as we did."
JobsOhio Board Chairman Jim Boland said in a news release that Bowman has an understanding of financial markets and has a leadership mentally when making decisions, which makes him "the best person" to take over the position.
Kasich says he is grateful Minor accepted the position and is confident Minor will be able to fill the big shoes Kwamme is leaving behind.
Minor will officially begin as president and chief investment officer on Nov. 1.