Contact: Stuart W. Doyle

                             (407) 956-5689

                    sdoyle@eflorida.com

Enterprise Florida top executive to be replaced

ORLANDO, FL (January 28, 2011) – As part of his agenda to improve job creation and economic growth statewide, Governor Rick Scott yesterday released John Adams from his role as Enterprise Florida’s president and CEO.

The governor indicated that Enterprise Florida will play a role in executing his agenda but believes the results he expects will be better produced under the guidance of a new top executive of this public-private partnership, which sets the strategic direction of the state’s economic diversification efforts.

Enterprise Florida’s board of directors will conduct a search for Adams’ replacement.  Until then, Senior Vice President & COO Louis Laubscher will serve as interim executive officer of Enterprise Florida.

Adams was tapped for the position in November 2005 following a stint as CEO of the Laredo Development Foundation in Texas.  Formerly a U.S. Air Force captain, Adams earned Ph.D., M.A., and B.A. degrees from Texas A&M University. 

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Enterprise Florida, Inc. is a partnership between Florida's business and government leaders and is the principal economic development organization for the state of Florida.  Headquartered in Orlando, Enterprise Florida’s mission is to diversify Florida’s economy and create better paying jobs for its citizens by supporting, attracting and helping to create globally competitive businesses in innovative, high-growth industries. In pursuit of its mission, Enterprise Florida works closely with a statewide network of economic development partners and is funded both by the State of Florida and by private-sector businesses.

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