New Jersey Economic Development Authority - Who We Are

Who We Are - Executive Team

With years of experience and a record of success, meet the executive team that guides the New Jersey Economic Development Authority (EDA) in being a catalyst for creating jobs and promoting economic growth in the State.

Executive Team

Caren Franzini | Chief Executive Officer

Maureen Hassett | Senior Vice President, Governance and Public Information

Anne Kurzenberger | Chief Talent & Learning Officer

Tim Lizura | Senior Vice President, Business Development

Thomas A. Murphy, III. | Chief Information Officer

Greg Ritz | Chief Financial Officer

Success Stories

St. Philip’s Academy

As a not-for-profit organization with limited access to capital, St. Philip’s Academy could appreciate the 25-year term and low interest rate on its financing made possible by the EDA’s issuance of tax-exempt bonds. read more

Bonds

The EDA issues conduit tax-exempt private activity bonds, the proceeds of which are used to provide low-interest, fixed-asset loans. Borrowers must meet the eligibility requirements outlined in the Internal Revenue Code (IRC) in order to qualify. Taxable bonds are also available for a wide variety of businesses. Taxable bonds offer similar flexibility in structuring rates and terms but are not subject to the restrictions placed on tax-exempt financing under the IRC. Click here for more information.