Paul Shannon Hired as Director of Office of Economic Opportunity

PHOENIX, Ariz. (August 18, 2016) – The Arizona Commerce Authority today announced Paul Shannon has been selected to serve as the director of the Office of Economic Opportunity. The office will serve as an analytics and strategy team under the Arizona Commerce Authority that will continually analyze how Arizona stacks up against other states, identify ways to drive down regulatory and tax burdens, and provide real-time data so policy makers and government can move at the speed of business to bring new business to Arizona.

Mr. Shannon most recently served as the Assistant Director, Budget and Resource Planning and State of Arizona Labor Market Information Director for the Arizona Department of Administration.

"Paul will undoubtedly do a fantastic job leading the Office of Economic Opportunity," said Sandra Watson, President and CEO of the Arizona Commerce Authority. “I very much look forward to working with Paul to advance Governor Ducey’s vision for economic development in Arizona.” Watson will serve as President of the Office of Economic Opportunity, overseeing its activities in addition to those of the ACA.

Mr. Shannon began his State service in 1985 working as an intern to the Arizona Senate Appropriations Committee. After serving as a Peace Corps Volunteer in Jamaica, he held managerial positions at Northern Arizona University before again serving the Legislature as a Senior Fiscal Analyst with the Joint Legislative Budget Committee. In 2003, Mr. Shannon joined the Arizona Department of Administration. Mr. Shannon received a Bachelor of Science in Business Administration and a Master of Arts in Applied Sociology from Northern Arizona University.

"Continually strengthening Arizona’s economy is a top priority for my administration," said Governor Ducey. “The Office of Economic Opportunity will play a key part in that by providing real-time data and strategies which support Arizona’s economic development plan. Paul’s knowledge, expertise and long history of service to the State of Arizona make him an excellent fit to lead the Office of Economic Opportunity as its director.”

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Media Contact:

Susan Marie, 602-845-1231 or susanm@azcommerce.com

About the Arizona Commerce Authority:

The Arizona Commerce Authority (ACA) is the state’s leading economic development organization with a streamlined mission to grow and strengthen Arizona’s economy. The ACA uses a three-pronged approach to advance the overall economy: recruit, grow, create – recruit out-of-state companies to expand their operations in Arizona; work with existing companies to grow their business in Arizona and beyond; and partner with entrepreneurs and companies large and small to create new jobs and businesses in targeted industries. Visit www.azcommerce.com for more information.