At the Board of Governors meeting Wednesday, June 15, LAEDC members thanked Praful Kulkarni for his work as LAEDC Chair this past year. Mr. Kulkarni, President and CEO of gkkworks, led the internal planning process for LAEDC to refocus the work of our organization, while also actively directing LAEDC’s efforts facilitating the 2016-2020 L.A. County Strategic Plan for Economic Development. As his term concludes, LAEDC also looks forward to new leadership as Chris Martin, Chairman and CEO of AC Martin steps in as LAEDC Chair for the coming year, starting July 1st, 2016.
LAEDC members also heard a presentation from L.A. Rams COO and EVP of Football Operations, Kevin Demoff, who shared many of the details of the sports and entertainment complex that will be constructed now through 2019 in Inglewood. Demoff revealed awe-inspiring architectural plans and discussed the Rams commitment to supporting the region and its neighborhoods with investment and philanthropy.
Several new members joined LAEDC this month, including Bank of China, Bank of the West, and RSM US LLP.