The economic development of the city of Newark relies heavily on the Newark CEDC. This is the corporation that pushes the city forward. It doesn’t matter if it is fundraising or business summits that attract business leaders. The Newark CEDC is in the driver’s seat when it comes to making the city better. Luckily, there are some strong leaders in place that are taking the wheel and expediting the time frame in which the city is growing.
Kevin Seawright is the Executive Vice President and the Chief Financial Officer for the Newark CEDC. He has a lot of experience, and his strong financial background has given him the ability to lead effectively. It is evident that his leadership is working because the city is showing a lot of progress. As someone that has worked in positions like payroll director in previous jobs he has become a strong leader with Newark CEDC.
Seawright has been in place to help with the fiscal management, and his skills have made the Newark CEDC quite successful in a lot of different ways. He has been instrumental in working with operations coordinator Ambreen Hernandez and Cesar Vizcaino, director of economic development, to bring lots of businesses to the Newark area. In this management role Kevin Seawright has a lot to do with the budgets and the contracts that come into the Newark area. Since this is the largest city in New Jersey there is a lot to be involved in. He has managed more than $200 million in contracts for different government operations in the city. He is used to this though because he has worked in municipal government and managed quite a few contracts this way. He has built a resume that is worthy of the praise that he has received over the years.
Kevin has also been a well recognized Academic, with a specialized degree from Notre Dame’s Mendoza School of Business. Kevin can also be found on Twitter, where he talks finance, but also a good deal of NFL on the weekends.
As Newark continues to grow there were be more opportunities for other businesses to thrive in this area. The city is so close to New York that it is inevitable for businesses to expand into this city. What the Newark CEDC does is show business leaders that there are opportunities to thrive in this city. This corporation works directly with the mayor and small business centers to connect with the residents of Newark. The staff for the Newark CEDC establishes events that will draw businesses in the city. This corporation also plays a part in attracting new residential property builders.