Susan Borries Reed Selected as New President/CEO of the Bloomington Economic Development Corporation

The BEDC Executive Committee is pleased to announce that Susan Borries Reed has been selected as its new President/CEO. Reed was chosen following an eight-month national search led by the executive search firm Jorgenson Pace.

Reed will begin her duties on October 19, 2026. She brings more than two decades of experience in economic development, public finance, municipal advisory, and community investment—work that combines strategic leadership with deep expertise in how businesses, local governments, and capital markets intersect.

Reed’s background includes senior leadership roles across investment banking, municipal advising, and economic development organizations. She has served as a Managing Director in a municipal advisor firm where she oversaw a bond transaction team, provided oversight for compliance, rating agency strategy, and post-issuance responsibilities for hundreds of clients, and led sustainable public sector and resiliency-focused services. She also has extensive experience working directly with municipalities and utilities on financing strategies, disclosure approaches, and investor communications.

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Earlier in her career, Reed served in legal and economic development roles supporting public finance and development initiatives, including bond counsel work for local government entities, leading economic development for a utility, and economic development programs at the state level.

Reed earned her J.D. from Indiana University, Robert H. McKinney School of Law and completed her undergraduate studies at Purdue University, with double majors in Communications (Advertising) and Political Science.
Reed was selected after an eight-month search process conducted by Jorgenson Pace, which included extensive candidate outreach and evaluation by BEDC leadership and stakeholders.

Led by First Vice Chair, Paul Quick, Smithville Communications, the search committee included Sarah Rogers, IU Credit Union, Sherry Dunbar-Kruzan, Tasus Corporation, Steve Bishop, First Financial Bank, Erik Coyne, Ivy Tech Community College, Col. Alan Boyd, Monroe County Airport, and Shawna Girgis, IU Health.

About Susan Reed
Susan Borries Reed is a licensed attorney in Indiana and South Carolina and has obtained professional credentials including registrations with the Securities and Exchange Commission for municipal advisor roles and banker registrations. Her career reflects a consistent focus on helping communities attract investment, strengthen financial strategies, and build partnerships that support long-term growth.