Real Estate Developer Brad Chambers Becomes New Indiana Commerce Secretary

Unable to load the audio player.
You could try direct download?

Original story from IPBS-RJC

Brandon Smith

Article origination IPBS-RJC

Buckingham Companies CEO and founder Brad Chambers will not leave his company while he leads the Indiana Economic Development Corporation.
*Courtesy of the governor's office*

Indiana has a new secretary of commerce.

The governor announced Monday real estate developer Brad Chambers will lead the state’s economic development agency. He replaces Jim Schellinger, who left in March.

Chambers is the founder and CEO of Indianapolis-based Buckingham Companies, which invests, develops and manages primarily housing properties.

In a statement, Gov. Eric Holcomb called Chambers a “transformational leader” and said no one is better suited to lead the Indiana Economic Development Corporation.

Chambers will lead the state’s ongoing efforts to attract more businesses to Indiana and encourage companies here to grow, often through financial incentives.

Chambers will not leave his company. He will remain in leadership at Buckingham while “[reducing] his day-to-day role.”

The company will not be eligible for state incentives while Chambers leads the IEDC.

Contact reporter Brandon at bsmith@ipbs.org or follow him on Twitter at @brandonjsmith5.

Tags:Brad Chambers Indiana Economic Development Corporation

Support independent journalism today. You rely on WFYI to stay informed, and we depend on you to make our work possible. Donate to power our nonprofit reporting today. Give now.

Indiana's labor force rate is at its lowest in more than two years

Indiana's labor force has steadily declined over the past six months, according to new preliminary estimates. The labor force currently stands at the lowest point its been in over two years.

Public Affairs / May 17, 2024

Nikki Haley's strong primary performance in Indiana likely has little effect on general election

While former President Donald Trump easily won Indiana's Republican presidential primary last week, Nikki Haley garnered about 22 percent of the vote despite the fact she dropped out of the race two months earlier, before Hoosiers started voting.