Economic Development Cabinet Secretary Terry Gill resigns, Vivek Sarin to assume interim role

Vivek Sarin

On Tuesday, Gov. Matt Bevin announced the resignation of Kentucky Cabinet for Economic Development Secretary Terry Gill, effective at the end of May.

According to a press release, Gov. Bevin will recommend Vivek Sarin, Kentucky Cabinet for Economic Development Executive Officer, as interim secretary. A public/private group of state officials and business executives chaired by the governor will begin a national search for a new cabinet secretary.

Since Gill took on the role in 2017, Kentucky has announced more than $15.8 billion in new investment and nearly 32,400 new jobs. Under his leadership, the cabinet also attracted four major economic development investment projects to Kentucky— Amazon Air, Braidy Industries, Toyota’s Reborn project and Nucor Corp.

“It has been an absolute honor to serve the Governor and the Commonwealth in this capacity,” Gill said. “However, I have decided that it is time to return to the private sector where I have spent most of my working career. I leave here with a great sense of satisfaction for what we have achieved, and I look forward with great excitement to determining what my next opportunity will be.”

The Kentucky Cabinet for Economic Development Secretary holds an ex-officio position on the Kentucky Chamber Board of Directors. Stay tuned for more on The Bottom Line.