April 27th, 2023

The Right Place CEO Randy Thelen appointed to Michigan Strategic Fund Board of Directors

Today, Governor Gretchen Whitmer appointed Randy Thelen to the Michigan Strategic Fund Board of Directors.

Randy Thelen, of Grand Rapids, is the president and CEO of The Right Place, Inc. He joined The Right Place in 2021, after serving as Senior Vice President of Economic Development at the Downtown Denver Partnership.

He holds a Bachelor of Arts in Economics from Alma College and a Master of Arts in Applied Economics from Binghamton University.

Previously, he also held leadership positions at the Greater Omaha Economic Development Partnership, the Michigan Economic Development Corporation, and Lakeshore Advantage.

Mr. Thelen is appointed to represent a member submitted by the Senate Majority Leader representing individuals within the private sector with experience in private equity or venture capital investments, commercial lending, or commercialization of technology, for a term commencing April 27, 2023, and expiring July 31, 2026. He is succeeding Ronald Beebe whose term has expired.

The Michigan Strategic Fund Board of Directors was created by Executive Order No. 2019-13. The Board’s responsibilities include approval of the use of private activity bonds, authorizing the submittal by local governments of Community Development Block Grant applications, and approval of Tool and Die Renaissance Recovery Zones.

These appointments are subject to the advice and consent of the Senate.