News & Press
Statement from JobsOhio Regarding Associate Compensation
Statement from JobsOhio Regarding Associate Compensation
FOR IMMEDIATE RELEASE May 2, 2019 News Release
COLUMBUS – In a move designed to provide more openness and accountability, JobsOhio, the state’s private economic development corporation, today released the compensation information for the organization’s top executives.
“Ohio is a premier destination for investment, business and quality of life. JobsOhio is a ‘best in class’ economic development corporation and provides competitive advantages for Ohio to compete globally for capital investment and jobs. Foremost of these advantages is JobsOhio’s unique private structure, which allows for speed, agility and confidentiality when working with the private sector while protecting Ohio’s negotiating posture from competitors.
“Additionally, this structure also enables the organization to compete for the acquisition of specialized human capital essential to execute the mission. Sharing compensation information of top executives does not materially impact this competitiveness, and JobsOhio releases this information each year and makes it available on our public website. However, as part of a commitment to openness and partnership, we are releasing that information earlier than required.
| John Minor, Jr. | President and Chief Investment Officer | $621,322.62* |
| Dana Saucier, Jr. | VP and Head of Economic Development | $353,099.72 |
| J.P. Nauseef | President and Chief Investment Officer | $350,000.00** |
| Aaron Pitts | Senior Managing Director | $342,155.67 |
| Kristi Tanner | Senior Managing Director | $304,863.34 |
| Ted Griffith | Managing Director | $277,825.98 |
| Glenn Richardson | Managing Director | $275,983.79 |
| Valentina Isakina | Managing Director | $257,691.36 |
| Kristi Clouse | Executive Director of Operations | $253,997.80 |
| Andrew Deye | Managing Director | $241,519.17 |
| Kevin Giangola | Chief Financial Officer | $240,486.96 |
| Don Grubbs | General Counsel | $238,163.06 |
| Renae Scott | Marketing and Communications Director | $195,573.66 |
| Lee Crume | Director, Global Business Development | $191,438.38* |
| Cheryl Hay | Director of Project Talent Acquisition | $179,253.62 |
| Julie Battles | Controller | $173,987.42 |
| Matt Cybulski | Director, Energy and Chemical | $171,150.47 |
J.P. Nauseef’s salary is 2019 base salary; all others are 2018 gross compensation.
*Employees no longer employed at JobsOhio
**Base salary; not reflected in this number is approximately 5% for baseline healthcare and 401(k) contributions, and he may be eligible for a performance bonus.
“Working cooperatively across the state with partners and stakeholders, we are committed to continuing a spirit of openness while advancing the mission to attract and create investment and jobs. In a competitive global marketplace, JobsOhio provides Ohio with unique advantages that benefit our state and which Ohioans deserve.”
JobsOhio along with its six regional partners and stakeholders have delivered strong economic development results for Ohio. In 2018, JobsOhio achieved 266 project wins with companies that committed to create 27,071 new jobs with $1.3 billion of new payroll, retain 69,905 existing jobs and invest $9.6 billion of new capital. The job creation and payroll metrics represent 19% and 23% increases respectively over 2017 results. Additionally, 73% of JobsOhio’s projects were with small and middle-market enterprises.
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For more media inquiries contact:
Matt Englehart, JobsOhio