NCET

Longtime Las Vegas resident Somer Hollingsworth is president and CEO of the Nevada Development Authority, but it seems his favorite pastime is getting under the skin of California leaders trying to prevent businesses from leaving that state.

Hollingsworth, who grew up in Texas and went to school in New Mexico and Washington, had a career in banking before opening a consulting company, which led to his involvement with and leadership of the Nevada Development Authority.

One of the authority’s big initiatives is to recruit business and industry from California with a promise of lower taxes and a friendlier business climate. One year the authority’s tactics drew Gov. Arnold Schwarzenegger’s attention and the former actor piloted a moving van on the Strip, returning a business that left the state to California.

The authority hasn’t let up, and Hollingsworth talked to In Business Las Vegas about the success of the newest campaign and the challenges of diversifying Southern Nevada’s economy. Read full story:

Technorati Tags: Richard N. Velotta, In Business, Somer Hollingsworth, Nevada Development Authority, CalPERS, Greta Van Susteren, The Tax Foundation, LVCVA, Nevada Cancer Institute, Lou Ruvo Center for Brain Health, the Cleveland Clinic, Kara Kelley, Las Vegas Chamber of Commerce, business, NCET, Nevada’s Center for Entrepreneurship and Technology

This entry was posted on Sunday, October 25th, 2009 at 8:51 am and is filed under Industry News, Las Vegas, Reno-Tahoe. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.