LVGEA Announces Management Transition

LAS VEGAS — Tom R. Skancke, Chief Executive Officer of the Las Vegas Global Economic Alliance, announced today that, effective April 30, he will pursue new endeavors. He issued this statement:

“I have accomplished what I came here to do, and I’m proud of what we have built here at LVGEA,” Skancke said.  “We’ve put this organization on a track to long-term sustainability, and we’ve assembled an amazing team that is ready to take this organization to the next level.  As for what’s next, I’m going to get some rest, and then I am going to do something as exciting, interesting, and fulfilling as my work at LVGEA has been.”

Skancke was hired in November 2012 as the president and chief executive officer of the regional development authority. He led the transition as the Nevada Development Authority transformed into the LVGEA. Skancke created the organization’s strategic plan and first-ever Comprehensive Economic Development Strategy, grew the budget and investor-base through a capital campaign, built a talented team, and spearheaded new partnerships with key organizations throughout Southern Nevada.

“​Tom has been preparing for this for several months, and he made a personal call to go out at the top of his game. He has done what we hired him to do, which is to take this economic development organization, build a team, and put us on a course to more effectively compete in a 21st century global economy,” said Ray Specht, chairman of the Las Vegas Global Economic Alliance. “Tom has realized his vision for the LVGEA to lead the way. We wish him the best of luck in his next endeavor, and we thank the community for their support as this organization transitions from start-up power to staying power.”

Jonas Peterson, President & Chief Economic Development Officer, will assume day-to-day leadership duties of the organization.