The Board of Directors of the International Economic Development Council (IEDC) has elected William C. (“Bill”) Sproull, FM, president and CEO of the Richardson Economic Development Partnership in Richardson, Texas, as the 2013 vice chairman of the IEDC board of directors. The election took place during the IEDC's 2012 Annual Conference, which was held Sept. 30 – Oct. 3 in Houston, Texas. Sproull will retire his current role as board secretary/treasurer to begin his new, one-year term in January 2013.
"It has been both an honor and a pleasure serving as secretary/treasurer of the IEDC, the world's leading membership organization of economic development professionals," Mr. Sproull said. "I eagerly look forward to working with our board to continue steering our members and partners toward further successes."
In addition to his leadership position with the REDP, Sproull is president and CEO of the Richardson Chamber of Commerce (RCC) and Metroplex Technology Business Council (MTBC). The unique and complex set of organizations he runs has two separate boards of directors and a City to whom he reports.
For each organization he leads, Sproull has achieved transformative success. He has led the revitalization of Richardson’s telecom-based economy through a focus on industry and technology diversification. He built the MTBC into the state of Texas’s largest trade association for technology companies. He led the Chamber in 2010 through its first-ever application to the rigorous U.S. Chamber Accreditation Program, successfully earning the highest accreditation rating, five stars, conferred by the U.S. Chamber.
Sproull has also been a leader in state-level economic and technology development. In 2005, he helped lead a statewide coalition that got legislation passed in Texas to create the Texas Emerging Technology Fund, a half-billion-dollar investment fund. Texas Governor Rick Perry appointed him to three consecutive two-year terms on the Fund’s State Advisory Committee (the de facto “investment committee”), during which he was appointed and served as chairman during 2010-2011.
Previously, he held senior economic development positions at the Greater Dallas Chamber, the McKinney Economic Development Corporation and at the Economic Development Corporation of Kansas City, Missouri. Sproull is a graduate of Baylor University, where he received a B.A. with a double major in economics and political science.
Sproull is on the boards of directors of the University of Texas at Dallas, the North Texas Regional Center for Innovation & Commercialization, the North Texas Commission and the Technology Councils of North America, in addition to his service on the IEDC board.
Sproull’s economic development accomplishments were recognized by the editors of Site Selection magazine when they selected the $3-billion Texas Instruments “Project Emmitt” as the Top Development Deal nationally of 2003; additionally, his economic development teams have been selected three times by Site Selection as one of the top 10 development groups in the U.S., earning this recognition in 1994, 1997 and 2004. He is a two-time recipient of the American Economic Development Council’s “Best of Class” marketing award. In 2010, the IEDC recognized him with the distinction of being a Fellow Member.
The MTBC inducted Sproull as the inaugural member of its Hall of Fame in 2010 by declaring him a Tech Titan.
About the International Economic Development Council
The International Economic Development Council (IEDC) is the world’s largest independent non-profit membership and research organization devoted exclusively to the field of economic development. IEDC helps economic development professionals create high-quality jobs, develop vibrant communities and improve the quality of life in their regions. Serving more than 4,400 members, IEDC provides a diverse range of services including conferences, professional development and certification, publications, research, advisory services, and legislative tracking. Visit www.iedconline.org.
About the Richardson Economic Development Partnership
The Richardson Economic Development Partnership (REDP) is a joint effort of the City of Richardson and the Richardson Chamber of Commerce, dedicated to building a vibrant and thriving local economy by attracting new investment and jobs through marketing, recruitment and working with existing employers. The REDP offers numerous services to companies considering expansion or relocation to the Telecom Corridor® area, including broker and real estate referrals, cost of business analyses, incentives, partner and executive introductions, relocation assistance, site selection, tours and city information. For more information, visit www.telecomcorridor.com.