News Releases

August 23, 2013

Governor Shumlin Appoints Tim Briglin to Vermont Economic Progress Council

Four Current Members Reappointed

Tim Briglin, an investment fund manager and resident of Thetford Center, has been tapped by Gov. Peter Shumlin as the newest member of the Vermont Economic Progress Council. The Council is an 11 member board that authorizes job creation incentives and oversees the Tax Increment Financing District program. Briglin’s term begins immediately and runs through March 2017.

Gov. Shumlin also re-appointed Michael Keane of Bennington, Rachel Smith of St. Albans, Betsy Gentile of Brattleboro, and Mary Lintermann of Stowe, to new terms ending March 2017.

Briglin is a co-founder and managing partner at Tuckerman Capital, a private investment fund focused on small manufacturing companies. Tuckerman provides debt and equity capital to portfolio companies, as well as advising companies on growth and process improvement initiatives post-investment.

“Tim brings unique strengths and extensive financial experience to the VEPC Board and has served his community in many capacities,” Shumlin said. “I am very pleased to appoint him to this important position.”

Prior to co-founding Tuckerman Capital, Briglin was a partner at Green Mountain Partners. Previously, he worked at Morgan Stanley in the corporate finance group, served as a legislative assistant to Senator Patrick Leahy covering economic, tax, and banking issues, and was an analyst at Marine Midland Bank. Tim serves as a director of Mascoma Savings Bank and as a member of Vital Communities Corporate Council, the Governor’s Business Advisory Council on Health Care Financing, the Board of Overseers of Dartmouth-Hitchcock Medical Center, and the board of Vermont Parks Forever. He also serves on the Steering Committee for the Statewide Comprehensive Economic Development Strategy. Briglin graduated from Cornell University and Stanford University Graduate School of Business.

“We’re delighted to find Vermonters with such experience and knowledge, willing to give back to their community,” said Stephan Morse, VEPC Chair. “Tim’s financial, business, and management background will be especially helpful in our efforts to promote quality jobs for Vermonters.”

“I’m excited and honored to be asked to serve Vermont in this fashion,” Briglin said. “Having worked with small, growing companies for two decades, I’ve seen the importance of economic development and job creation for healthy communities. I’m looking forward to supporting Vermont’s economic growth in my new role.”

The Vermont Economic Progress Council is an independent board appointed by the Governor and the General Assembly to consider applications to the state’s economic incentive programs. The Council is attached to the Vermont Agency of Commerce and Community Development, whose mission is to help Vermonters improve their quality of life and build strong communities.

For more information, visit: http://accd.vermont.gov/business/start/vegi/vepc_board.

Contact: Fred Kenney, (802) 828-5256, fred.kenney@state.vt.us

Source: Agency of Commerce and Community Development
Last Updated at: August 23, 2013 09:02:34