Wilton resident Peter Denious was recently named President and CEO of the Connecticut Economic Resource Center (CERC), a nonprofit corporation focused on economic development in Connecticut. According to its website, CERC provides “research‐based data, planning and implementation strategies to foster business formation, recruitment and growth.”
Wilton’s own Economic Development Commission hailed the hiring on a Facebook post Thursday evening, in a post that said Denious “will lead a new, aggressive approach to attracting and retaining businesses in Connecticut.” It also noted that Denious joins an “outstanding team of business leaders” which includes the CERC co-chairs–former PepsiCo CEO Indra Nooyi and former Webster Bank CEO Jim Smith–working in partnership with CT’s Department of Economic and Community Development, led by former Goldman Sachs executive David Lehman.
CERC published the following announcement about bringing on Denious:
“The CERC board confirmed Denious by vote following a comprehensive search overseen by co-chairs Jim Smith and Indra Nooyi along with vice chair Don Kendall and DECD Commissioner David Lehman. Dozens of candidates from across the nation, most from the Northeast region, were vetted in a search process.
“Denious succeeds Robert Santy, who retired at the end of June after leading CERC for 13 years.
“Denious is an accomplished private equity and venture capital professional who until recently was a senior leader with Aberdeen Standard Investments and previously FLAG Capital Management, where he spent most of his career overseeing investments across the U.S. and abroad and built strong relationships internationally during the firm’s push into Europe and Asia.
“Peter has the business development disciplines, finance and structuring skills, as well as strategic disposition and leadership gravitas to make a meaningful impact on economic growth in Connecticut,” said Smith and Nooyi in a joint statement. “He has basically spent his entire career putting the client first, helping realize commercial and economic opportunity through connecting ideas, people and capital. His accomplishments pair well with CERC’s mission and Governor Lamont’s vision.”
“Denious will work collaboratively with leadership across the state, particularly DECD, the state’s leading economic development agency, to drive business retention and recruitment.
“’I want to congratulate Peter and welcome him to CERC,’ added Lamont. ‘Peter’s background is well suited to help CERC redirect and expand its resources to better engage with the business community as well as leverage private sector relationships. I look forward to him hitting the ground running to help market our state overall and implement a new aggressive approach to attracting and retaining businesses in Connecticut.’
“’I’m looking forward to leading CERC’s team and enthusiastic about the opportunity to leverage my prior business development and strategic management experience to positively affect the economic growth of Connecticut,’ said Denious.
“Denious is a graduate of Trinity College, received his MBA from the Tuck School at Dartmouth College, and is a long-time resident of Wilton, CT.”