Peterson named IRRRB Executive Director of Development

November 14, 2011

EVELETH, Minnesota – Iron Range Resources and Rehabilitation Board (IRRRB) Commissioner Tony Sertich announced today the appointment of Steve Peterson of Virginia, Minn. as the IRRRB Executive Director of Development effective Tuesday, November 15, 2011. 

Peterson will oversee the agency’s newly organized development team which will focus on business and community development. This position was created as part of the agency’s recent reorganization which included numerous improvement priorities. These priorities included aligning the agency’s human and financial resources toward the mission of business, community and workforce development; flattening the organizational structure (from six major divisions to two); and eliminating bottlenecks and inefficiencies. 

Peterson brings 30 plus years of both business and community experience to this position. His prior experience includes starting main street businesses, directing a manufacturing enterprise, leading city government, and working with other local communities and businesses for growth. 

“Steve has the reputation of working in partnership with others and caring deeply about the Iron Range,” said Commissioner Sertich, “He has the knowledge, experience and commitment needed to advance business and community development in northeastern Minnesota. I am happy he is part of our team.” 

Peterson commented, “I’m looking forward to this exciting opportunity. Working together with Commissioner Sertich and the IRRRB Development Team, I hope to revitalize community and business development in our region.” 

Serving as the current mayor of Virginia, Peterson has strong community ties. He has not only served as a past city councilor but also has been active in numerous community and economic development organizations. 

IRRRB is a state economic development agency headquartered in northeastern Minnesota whose mission is to promote and invest in business, community and workforce development for the betterment of northeastern Minnesota.