Embattled Jobs Agency Hires 6th CFO In 4 Years

Wisconsin’s embattled economic development agency has hired its sixth chief financial officer in just over four years.

The Wisconsin Economic Development Corporation announced the hiring of Brian Nowicki on Monday. His hiring comes after his predecessor Brandon Duck quit earlier this month after just seven months on the job.

Nowicki has served as controller of Madison College since 2014 and previously worked 15 years for the Wisconsin Housing and Economic Development agency in a variety of roles, including financial officers and controller.

He most recently managed WHEDA’s economic development division.

The public-private hybrid WEDC has struggled with high turnover in top positions, not recovered loans made to troubled companies, and gave out $126 million without a formal review.