The Central Vermont Economic Development Corporation (CVEDC) has announced that Fred Kenney, who has 30 years of economic development experience, has been brought on to lead the organization as Interim Executive Director during a transition period. Fred recently retired after serving as Executive Director of the Addison County Economic Development Corporation for eight years. Previously, he served as Executive Director of the Vermont Economic Progress Council for 15 years, and before that on Senator Patrick Leahy’s staff for 13 years.
CVEDC is focused on organizational resilience, long-term sustainability, and an unwavering commitment to the region it serves. Building on a strong track record of impact, CVEDC emphasized that its mission remains unchanged: supporting businesses, communities, and economic vitality across Central Vermont.
“Our focus remains firmly on serving the employers, communities, and partners who rely on us every day,” said Ed Larson, CVEDC Board Chair.
CVEDC highlighted the critical role of both statewide and local partners as the organization moves through this transition. The State of Vermont continues to provide guidance, oversight, and alignment to ensure regional economic development efforts remain strong, coordinated, and effective.
“The State of Vermont is committed to supporting CVEDC as it navigates this period of transition,” said Lyle Jepson, Commissioner of Economic Development. “Central Vermont businesses and communities depend on the services CVEDC provides, and we are working closely with the organization to help ensure stability and continuity. The region deserves a strong, forward-looking economic development partner - and we believe CVEDC is that partner.”
Local and regional partners, including long-standing supporters like the National Life Group, are also expected to play an essential role in the organization’s continued success. CVEDC emphasized that partnerships - public and private - will be a driving force behind its long-term sustainability.
CVEDC will continue providing regular updates on its progress, upcoming initiatives, and opportunities for businesses and municipalities to engage with its programs and services.