The Talbot County Office of Economic Development Commission is pleased to announce the appointment of Lloyd (Scott) L. Beatty, Jr. and Alexander M. Bond to the Talbot County Economic Development Commission (EDC). Mr. Beatty, President and CEO of Shore Bancshares, Inc., represents Large Businesses; Mr. Bond, Executive Director of the Avalon Foundation, Inc. represents the Arts as an Ex-Officio member.
The Talbot County Economic Development Commission consists of eighteen members, seven of whom are appointed by the County Council for three-year terms as at-large members; four representatives are selected by the municipalities of the Town of Easton, the Town of Oxford, the Town of St. Michaels and the Town of Trappe; the remaining seven members serve in an ex-officio capacity. The role of the Economic Development Commission is to advise the Talbot County Council on economic matters and to support the initiatives of the Talbot County Office of Economic Development.
Lloyd L. “Scott” Beatty, Jr., is the President and Chief Executive Officer of Shore Bancshares, Inc., a position he has held since June of 2013. Shore Bancshares, Inc. is a $1.1 billion financial holding company headquartered in Easton, Maryland. It is the largest independent financial services company on the Delmarva Peninsula that offers banking, insurance and wealth management services to families and businesses. Mr. Beatty has served as Director of Shore Bancshares, Inc. since December 2000 and Director of The Talbot Bank of Easton since 1992. Mr. Beatty’s previous positions with Shore Bancshares, Inc. include Executive Vice President and Chief Operating Officer (COO) (2007 – 2013); Vice President and COO (2006) and Vice President (2004 – 2006).. Before joining Shore Bancshares, Inc., Mr. Beatty served as COO of Darby Overseas Investments, LP, a global private equity firm, and President of Darby Advisors, Inc., a privately held family investment business, from 1998 to 2005. He also practiced as a Certified Public Accountant for 25 years and was a partner with the accounting firm, Beatty, Satchell & Company, in Easton. In addition to his professional career, Mr. Beatty serves on the Board of Directors for Chesapeake Conservancy, Mid-Shore Community Foundation and the Copper Ridge Institute.
Mr. Bond has served as the Executive Director of the Avalon Foundation, Inc. the largest arts organization on the Eastern Shore for the past six years. The Foundation has an annual budget of approximately $1.7 million and reaches approximately 150,000 people through its programming. The Avalon Foundation operates the Avalon Theatre; Stoltz Listening Room; Plein Air Easton; Easton Farmers Market; Summer Concerts in the Street Series; Easton Independence Day Celebration; Arts-In-Easton Banner Program; Easton Multi-Cultural Festival; MCTV, Talbot County’s cable access station; Six Weeks of Theatre, a dance and film summer camp; and an extensive program for young audiences in conjunction with Talbot County Public Schools. In 2013 35 organizations utilized the Avalon Theatre to produce 89 events.
Prior to working for the Avalon Foundation, Mr. Bond served as Economic Development Manager for the Town of Easton for seven years during which time he provided economic research and advice to the Mayor and Town Council. Additionally, the Town lent Mr. Bond to its “Main Street” Program, which combines historic preservation, marketing and traditional economic development to revitalize downtown Easton.
Talbot County Economic Development Commission Meetings are held at 8:00 a.m. on the first Thursday of each month, unless otherwise noted. All meetings are open to the public and are advertised on the County’s website. The next Economic Development Commission meeting will be held on Thursday, February 5, 2015 in Conference Room #1 at the Talbot County Government Office Building located on 215 Bay Street, Suite 5, Easton, MD 21601.
For more information, please contact the Talbot County Office of Economic Development at (410) 770-6811.
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