LVGEA Board Elects Ray Specht as Chairman

LAS VEGAS — The Las Vegas Global Economic Alliance this week elected Ray Specht as chairman of the organization’s Board of Directors.

“I’m in good company with a talented, active board that passionately advocates for economic development in Southern Nevada, so it’s an honor to have my colleagues nominate me as chairman,” said Specht, vice chairman of Toyota Financial Savings Bank and former vice chairman of the LVGEA board. “Economic development and industry diversification efforts are vital for Southern Nevada, especially as our economy continues to improve. Over the course of these next few years, it will be critical for Nevada to improve its education and workforce system, modernize its infrastructure, and move forward on major projects within individual industries. This will set us on a path toward economic prosperity and sustainability, and I look forward to the role that this board and this organization will play in that future.”

The LVGEA board consists of 40 members from both the public and private sectors of Southern Nevada. The board sets LVGEA policy and directs activities of the LVGEA team.

“Ray Specht been an ally, advocate, and ardent supporter of the Las Vegas Global Economic Alliance for many years, and I am thrilled that our board has chosen this talented community leader as our new chairman,” said Tom R. Skancke, CEO of the LVGEA.

Specht has lived in Las Vegas for more than 10 years with his wife and three children. He received a Bachelor of Science degree in Accounting, graduating magna cum laude from the University of Massachusetts, Lowell, Mass., and a Masters in Strategic Communication & Leadership, graduating with honors from Seton Hall University, South Orange, New Jersey.  He serves on several boards, including the National Association of Industrial Banks and the Conference of State Bank Supervisors.  In Nevada, he serves on board of the Nevada Bankers Association and the Boys & Girls Club of Southern Nevada.