Ed Cervone

Augusta, Maine – The board of directors of the Maine Development Foundation (MDF) announced today that Edmund J. Cervone has been appointed President and CEO of the organization.  The announcement concludes a nationwide search for a strong and visionary leader of the Maine Development Foundation. MDF supports economic, workforce, leadership and community development across the state of Maine.  

“We are excited to continue the growth of MDF leadership and look forward to working with Ed in shaping the future of the organization as it continues its integral role in examining the Maine economy,” said Aldo Servello, MDF’s chairman of the board of directors.  “Ed is committed to the mission of MDF and brings a strong connection to the organization, its supporters and the community at large.”

“I am extremely grateful for the Board’s confidence in my ability and for the opportunity to lead MDF to advance our strategic vision.” said Ed Cervone, MDF’s President and CEO.  “We have a dedicated team and great relationships that will continue to allow us to drive innovation and creativity through our programs.”

Prior to being appointed to this role, Ed served as MDF interim president since June 2012. He joined MDF as the senior program director and operations officer in 2007.  

As a graduate of the Foundation’s Leadership Maine Xi Class, Ed shares a personal connection with hundreds of Leadership Maine alumni.  Prior to joining MDF, Ed served in a number of related leadership roles outside of Maine in Colorado, New Jersey and Delaware over the last 14 years.

Ed earned his Bachelor of Arts in Geosciences with honors from Princeton University and Master of Science in Ecology and Environmental Sciences with honors from the University of Maine.   Ed is an active member of the Hallowell city council and other community organizations. He succeeds Laurie Lachance, who left this role at MDF to become the President of Thomas College. 

About the Maine Development Foundation
MDF is a private, non-profit 501(c)(3) corporation with a membership of 250. MDF was created by the Governor and Legislature in 1978 with a broad mandate to promote the economy. Funding comes from a variety of sources including fee-for-service, private contributions, memberships, foundations and state government contracts.

MDF is non-partisan and delivers the highest quality fact-driven work through its programs and through economic research conducted by professional staff. MDF oversees seven programs with a variety of focuses ranging from community development, to leadership training, to workforce development. MDF staff members conduct a range of economic research analysis for public and private interests on issues across the economy. All work serves as the basis for extensive and ongoing educational and outreach efforts. Additional information about the Maine Development Foundation can be found at www.mdf.org or on Facebook. 
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