Arkansas Economic Development Commission

About Us

The mission of the Arkansas Economic Development Commission is to create economic opportunity by attracting higher paying jobs, expanding and diversifying our state and local economies, increasing incomes and investment, and generating positive growth throughout Arkansas. Arkansas is a pro-business environment operating leaner, faster and more focused through a streamlined state government designed to act on corporate interests quickly and decisively. Come join us in this amazing business venture we call Arkansas Inc. With six homegrown Fortune 500 companies and countless other business success stories, you’ll be in good company.

Our Core Values

Leadership
We create vision, inspire others, and strive for excellence.

Accountability
We deliver quality work with transparency and efficiency.

Integrity
We conduct ourselves professionally with honesty and mutual respect.

Fiscal Responsibility
We are stewards of our citizens’ money and time.

Teamwork
We work together internally and externally to exceed expectations.

Results
We strive for superior performance and measurable outcomes to achieve our mission.

Council

The Arkansas Economic Development Council is composed of sixteen (16) members appointed to four-year terms by the governor. These appointments are made with the advice and consent of the Arkansas Senate. At least three members are from each of the four congressional districts, and four members are appointed at large.

Mike Carroll

Business Experience

Mike Carroll is a certified public accountant and partner of Beall Barclay & Company, CPAs. The firm has offices in Fort Smith, Rogers and Russellville. He is also a partner with Beall Barclay Wealth Management, a financial planning and securities firm affiliated with the CPA firm. He is a member of the Arkansas Society of Certified Public Accountants and American Institute of Certified Public Accountants. He also has served on the Board of Directors of Fort Smith Chamber of Commerce, United Way of Fort Smith, Mercy Medical Center Board of Advisors (chair), Ouachita Baptist University, Fellowship of Christian Athletes, First Baptist Church of Fort Smith (chairman of the deacons and treasurer).

Committees

Vice Chairman, Arkansas Economic Development Commission
Chairman, Executive Committee
Bond Guaranty Committee

Congressional District Appointment

At Large - Fort Smith, AR

Doug Falls

Business Experience

The President of Trinity Lighting, Inc., Doug Falls, specializes in the real estate and investment industries. He is a managing member of Trinity Properties & Investments, Trinity Properties & Investments II, and Trinity Aviation. He is also devoted to his home of Jonesboro, Arkansas and serves as a member of the Jonesboro Chamber of Commerce, Jonesboro Economic Development Commission, Jonesboro Unlimited, and the Jonesboro Airport Commission.

Committees

Bond Guaranty Committee
Vice Chairman, Technology Growth Committee

Congressional District Appointments

1st Congressional District - Jonesboro, AR

James Freeman

Business Experience

James Freeman is former Chief Financial Officer and Senior Vice President of Dillard’s, Inc.  He was with Dillard’s from 1988 to 2015 and was the longest serving CFO of a Fortune 500 company.  He remains a member of the company’s board of directors.  Mr. Freeman is a member of the American Institute of Certified Public Accountants and a lifetime member of the Arkansas Society of Certified Public Accountants.  He has served on the Dean’s Advisory Board for the Sam M. Walton College of Business at the University of Arkansas as well as on the Board of Trustees of Southern Arkansas University.  

Committees

Executive Committee
Chairman, Bond Guaranty Committee

Congressional District Appointment

4th Congressional District - Texarkana, AR

Al Heringer III

Business Experience

Al Heringer is president of Star Transportation LLC and Lone Star Co. Inc., which specialize in the trucking of, and wholesale distribution of, petroleum products. He is devoted to his family and his home of Jonesboro. He serves as a board member of East Arkansas Good Roads, North Arkansas Industrial Development Commission and the Jonesboro Economic Development Commission and is a member of Jonesboro Unlimited.

Committees

Executive Committee
Bond Guaranty Committee

Congressional District Appointment

1st Congressional District - Jonesboro, AR

Gene Hill

Business Experience

Gene Hill, president and CEO of the Highland Industrial Park in East Camden, Arkansas, is a strong industry expert for AEDC. His experience spans even beyond Arkansas as the executive vice-president of Highland Resources, Inc. in Houston, Texas (the parent company of Industry Park), president and director of both Highland Deephaven, Ltd. and Highland North Sea, Ltd. in Evanton, Scotland. 

Committees

Executive Committee
Bond Guaranty Committee

Congressional District Appointment

4th Congressional District - Camden, AR

Chester Koprovic

Business Experience

Chester Koprovic's specialty is in the metal and metal fabrication industry. Mr. Koprovic currently serves as board chairman for Boyd Metals, Inc. (a metal service center), B & C of Fort Smith (a general machine and welding shop) and Kopco, Inc. a precision metal fabrication shop. He also serves his home of Fort Smith as a board member of Fort Smith Chamber of Commerce, Employer Health Coalition, and Educational Public Facility in Sebastian County.

Committees

Bond Guaranty Committee
Technology Growth Committee

Congressional District Appointment

3rd Congressional District - Fort Smith, AR

Steve Lux

Business Experience

Steve Lux retired from Central Moloney, Inc. in Pine Bluff in 2012.  He was the Vice President of Operations.  He is a member of the Benton and Bryant Chambers of Commerce.  Lux was a member and former Chairman of the Arkansas Workforce Investment Board.

Committees

Vice Chairman, Executive Committee
Bond Guaranty Committee

Congressional District Appointment

At Large - Hot Springs Village, AR

Deana Osment

Business Experience

Deana Osment serves as Division President of Northeast Arkansas for Centennial Bank.  She has held positions in management and lending in the banking industry for 26 years.  She is very involved in her community of Jonesboro, AR and serves on the board of directors for City, Water and Light, Jonesboro Economic Development Corporation and the United Way of NEA.  She is also a former board member of the Jonesboro Chamber of Commerce and served 10 years on the East Arkansas Planning and Development District loan committee.

Committees

Executive Committee
Vice Chairman, Bond Guaranty Committee

Congressional District Appointment

At Large - Jonesboro, AR

Mike Roberts

Business Experience

Mike Roberts, president and managing partner of Roberts Law Firm, P.A., brings important legal advisory to the Commission. His experience reaches far beyond Arkansas. Mr. Roberts is licensed to practice law in Arkansas, Florida, New York, Tennessee, and Texas and also admitted before the United States Court of Appeals and the United States Supreme Court. Additionally, he is a member of the American Bar Association and the Arkansas Bar Association.

Committees

Chairman, Arkansas Economic Development Commission
Executive Committee (voting member)
Bond Guaranty Committee
Technology Growth Committee (voting member) 

Congressional District Appointment

2nd Congressional District - Little Rock, AR

Ken Shollmier

Business Experience

Ken Shollmier began his business career in Little Rock working with Witt Stephens and Frank Lyon, Sr. In 1986, he moved to New Orleans, Louisiana, and formed various companies including SDI, a Carrier HVAC Distributor covering Louisiana, Mississippi and parts of Texas, and SFI, a finance company. While in New Orleans, he was on the boards of Doctors Hospital, Operation Smile, and Carrier Corp. In 2004, he sold his companies and moved back to Arkansas where he founded Shollmier Family Partnership and Shollmier LLC. Both companies are involved in the purchase of real estate and development of properties in Arkansas. He is also on the Board of Advisory at the University of Arkansas.

Committees

Executive Committee
Bond Guaranty Committee
Chairman, Technology Growth Committee

Congressional District Appointment

2nd Congressional District - Little Rock

Lee Webb, Jr.

Business Experience

Lee Webb, Jr. is the current president of Bellwether Industries Inc., a manufacturer of agriculture equipment, and president and owner of Webb's Fireworks. Mr. Webb also serves as managing partner for ETF Inc. and Double L Farms.

Committees

Executive Committee
Bond Guaranty Committee

Congressional District Appointment

3rd Congressional District - Fort Smith, AR

Lang Zimmerman

Business Experience

Lang Zimmerman is vice president of Yelcot, a communications company based in Mountain Home, Arkansas. He also co-founded and is the managing partner of Big Creek Golf & Country Club. He is a member and past president of the Arkansas Telecommunications Association and a former board member of the Mountain Home Area Chamber of Commerce and the North Central Arkansas Regional Economic Development. Finally, Mr. Zimmerman is an active member and past president of the Mountain Home Rotary Club.

Committees

Bond Guaranty Committee

Congressional District Appointment

1st Congressional District - Mountain Home, AR