Gov. Scott Walker has appointed a bank executive who has contributed thousands of dollars to his campaign to lead the state’s troubled economic development agency.
Walker announced Thursday that he has tapped Mark Hogan to serve as the Wisconsin Economic Development Corporation’s chief executive officer. Hogan has worked for nearly 40 years at M&I Bank and BMO Harris Bank. He retired in 2010 as M&I’s executive vice president and chief credit officer, before signing on as BMO Harris’ senior adviser the following year. He has served as chairman of the Wisconsin Housing and Economic Development Authority since March.
Hogan replaces Reed Hall, who plans to retire this month. He takes over at a time when the agency is under intense scrutiny, after multiple audits and investigative reports revealed mismanagement and poor records-keeping throughout the organization.
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