Otter appoints new member to Economic Advisory Council
BOISE, Idaho - Governor Otter has appointed Steve Meyer to serve as the Region I Representative on the Idaho Economic Advisory Council (EAC). Mr. Meyer was appointed to replace Tim Komberec, President & CEO of Empire Airlines, who served the maximum of two four-year terms.
Mr. Meyer lives in Hayden Lake and has an impressive business resume. He started Parkwood Business Properties, a commercial real estate development firm in Coeur d’Alene, in 1975. Prior to that, he was Vice-President/General Manager of the Clare Pendar Division of General Instrument Corporation, and Senior Vice-President of Engineering and Manufacturing for American Sign and Indicator Corporation. In 1979, he was a founder of Advanced Input Devices and served as the Chairman of the Board through 1993.
Currently, Mr. Meyer serves on the Board of the North Idaho College Foundation and the Board of Directors of Mountain West Bank. He is also involved with small venture capital investing and currently is working with two small companies in Idaho. In 2012, Idaho Smart Growth awarded Mr. Meyer the Charles Hummel Lifetime Achievement award. Mr. Meyer earned a bachelor’s degree from the University of Idaho, and an MBA from The Wharton School of the University of Pennsylvania.
“We are thrilled to have Mr. Meyer, with his long history of successful business experience and passion for Idaho, join a dedicated group of professionals to serve on the Economic Advisory Council,” Idaho Commerce Director Jeffery Sayer said. “Mr. Meyer will be a tremendous asset to northern Idaho in ensuring its economic development priorities are achieved, and a great resource in moving our state’s economy forward.”
The Idaho Economic Advisory Council's main purpose is to advise the Governor and Idaho Commerce on goals and objectives that further economic development within the state. The council also makes recommendations to the Governor on applications for block grant funding and reviews Industrial Revenue Bond allocations. In addition, Council members advise their regions on economic development opportunities and represent their interests to state government.
The council consists of seven members, appointed by the Governor, with one member appointed from each of the state's six economic development regions and one member appointed at-large.