The leader of the Mississippi Development Authority is stepping down.
A news release from Governor Tate Reeves’ office states that MDA Director John Rounsaville is stepping down effective August 31st to “pursue a new opportunity.”
“Under John’s leadership, MDA administered $160 million in COVID-19 recovery funds to assist businesses, renters, healthcare providers, schools, and childcare centers. Under John’s direction, MDA increased the average annual capital investment into Mississippi in 2020 to $1.8 billion – doubling the prior ten-year annual average. The new Mighty Mississippi Program has increased recruitment efforts for economic development projects by more than 40 percent and the future of our economy will benefit. I wish John the best in his future endeavors,” Governor Reeves said.
Rounsaville took over the agency on an interim basis following the departure of Glenn McCullough, Jr. in May 2020 and was named the full-time director in January.
“It has been a tremendous honor to serve Mississippi under the leadership of Governor Reeves. I am confident MDA is on a strong trajectory and will continue realizing tremendous success in its economic development efforts. With a young family and a new baby born last year, my wife and I believe it is time to pursue a new opportunity that will enable me to focus more on my family and spend less time traveling. I am proud of the MDA team, and I look forward to the exciting achievements that lie ahead for Mississippi,” Rounsaville said.
The release notes that a search for his replacement will begin immediately.
