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Alaska economic development agency executive director resigns

By Sean Maguire

Updated: 53 minutes ago Published: 1 hour ago

The executive director of Alaska’s state-owned investment corporation announced his resignation Wednesday.

Alan Weitzner headed the Alaska Industrial Development and Export Authority, or AIDEA, for just over two years. He was paid $250,000 per year, according to an executive branch staff salary list from August.

“I am very proud of our staff and their dedication to AIDEA’s mission for Alaskans despite the limitations in place,” Weitzner said in his resignation letter.

Morgan Neff, the agency’s chief investment officer, will step in as interim CEO in early December when Weitzner leaves. Neff joined the agency in February last year after moving to Alaska from Texas.

Neff was one of three finalists in October for the executive director position at the Alaska Permanent Fund Corp. The board of trustees instead picked Deven Mitchell, the then-acting Revenue commissioner.

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