The chairman of the Empire State Development Corp. resigned Thursday, in a further reorganization of the issuer that had its president and chief executive officer step down on Saturday, New York Gov. David Paterson announced. Chairman Robert Wilmers resigned after serving a year in the position and will be replaced by Dennis M. Mullen who will serve as chairman and CEO.
On Saturday, Paterson announced that Mullen, who was the ESDC’s upstate president, would replace Marisa Lago as president and CEO. Lago served in the position for just eight months. Combining the chairman and CEO positions will require legislative approval and Mullen’s appointment is subject to Senate approval.