Gov. Lincoln Chafee on Monday nominated business and community leader Marcel Valois to serve as executive director of the Rhode Island Economic Development Corp., subject to state Senate approval.

Valois, who held the same title under Gov. Lincoln Almond in the late 1990s, succeeds William Parsons, who held the position on an interim basis after Keith Stokes resigned last summer after the 38 Studios fiasco.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.