Economic commissioner leaving for private sector

NASHVILLE, Tenn. (AP) – Economic and Community Development Commissioner Bill Hagerty is leaving the administration to return to the private sector.

Gov. Bill Haslam made the announcement on Wednesday.

The Republican governor didn’t say what exactly Hagerty will be doing next, but he lauded Hagerty’s recruitment efforts in helping Tennessee be recognized this year as the State of the Year in economic development.

Hagerty has served in a number of executive positions ranging from chief financial officer, to chairman and chief executive officer.

A longtime friend and adviser to former presidential candidate Mitt Romney, Hagerty also worked on the White House domestic policy staff during the George H.W. Bush administration as a member of the President’s Council on Competitiveness.