Marcel A. Valois is the executive director at The Rhode Island Economic Development Corporation (RIEDC). He was appointed by Governor Lincoln D. Chafee in April 2013 and confirmed by the Senate on May 21, 2013.
Marcel previously served as executive director of the RIEDC from 1995 to 1997, under Governor Lincoln Almond. During his previous tenure, he managed 132 staff members, a $15 million operations budget and over $100 million in public assets. He is well-known for spearheading the development of the 3,000-acre former Quonset/Davisville Navy Base, leading the state negotiating team for the development of the Providence Place Mall, successfully recruiting Fidelity Investments to Rhode Island creating 3,000 jobs, and negotiating a performance-based agreement with Fleet National Bank for the development of their operations facility in Lincoln, RI, with over 300 employees.
Marcel was vice president at The Economic Development Foundation of Rhode Island, Inc., a non-profit corporation, just prior to rejoining the RIEDC. There, he managed the planning and development of real estate ventures including business-park and flex-building projects while providing advisory services to public, private and institutional organizations relating to economic development.
From 1997 to 2012, he was chief operating officer then area vice president for Penske Automotive Group in Warwick, RI, where he oversaw total operations of the Inskip dealer group of over 500 employees and over $400 million in annual sales.
Other past experience includes executive vice president of the Blackstone Valley Development Foundation, Inc., in Lincoln, RI, from 1980-1995; and City of Woonsocket planner, planning analyst, and director of planning and development from 1975-1980.
Marcel earned his bachelor’s degree in liberal arts and a master’s degree in Urban and Economic Geography, both from the University of Rhode Island.
Marcel lives in Providence.