Cottonwood Heights resident is new CEO at EDCUtahJan 31, 2023 02:40PM ● By Anna Pro
Scott Cuthbertson takes the helm as EDCUtah’s CEO. Cuthbertson is a Cottonwood Heights resident and serves as the COO and deputy executive director of the Point of the Mountain State Land Authority. (Photo courtesy of EDCUtah)
A Cottonwood Heights resident takes leadership of the Economic Development Corporation of Utah. Scott Cuthbertson will serve as CEO for the organization, succeeding Theresa Foxley, who has served as EDCUtah’s CEO since 2017.
“On behalf of EDCUtah’s Board of Trustees, I am thrilled to welcome Scott Cuthbertson to EDCUtah as its next president and CEO,” said Gary Hoogeveen, president of Rocky Mountain Power and chair of EDCUtah’s Board of Trustees. “Scott has had a distinguished career in management consulting, finance, and development.”
Cuthbertson brings a wealth of leadership experience, having been a director and practice lead with PwC and most recently serving as the chief operating officer and deputy executive director of the Point of the Mountain State Land Authority, one of the largest and most compelling economic development projects in the country.
In addition to Cuthbertson’s professional experience, he holds a bachelor’s degree from Brigham Young University and master’s degrees from both Georgetown University and Oxford University.
“I am so excited to join the talented team at EDCUtah and to build upon the organization’s momentum,” said Cuthbertson. “The opportunity to lead such an important and reputable organization, and to help serve Utah, is incredibly compelling. I can’t wait to work with the team, investors, and community to help Utah’s economy soar.”
Foxley announced in December that she would be joining rPlus Energies as its chief of staff and would step down as EDCUtah’s CEO.
“I am enormously grateful for the opportunity to have led EDCUtah for the last six years, and I am delighted Scott has accepted the Board of Trustees’ offer to serve in this role going forward,” Foxley said. “Having worked with Scott on matters related to The Point, I am supremely confident in Scott’s ability to lead EDCUtah to great new heights. He has the perfect trifecta of experience in consulting, finance, and state development, all of which he will draw upon to be successful.”
EDCUtah is a nonprofit organization and catalyst for job growth in the state. Since 1987, EDCUtah has specialized in corporate recruitment, economic research, site selector marketing, and community development. Working with the Governor’s Office of Economic Opportunity, EDCUtah is supported by state government, local governments, and organizations from the private sector. For more information, visit EDCUtah.org.
“Scott’s background, combined with his keen intellect, grasp of EDCUtah’s potential, and his desire to work in the service of a compelling mission make him the ideal candidate to lead EDCUtah into its next great chapter,” Hoogeveen said. “We also thank our outgoing CEO, Theresa Foxley, for her work in building EDCUtah’s reputation as a smart, collaborative, best-in-class organization that plays a critical role in strengthening Utah’s economy.”