According to Phillyburbs.com, Kenneth L. Klothen, director of economic development for Montgomery County is stepping down effective tomorrow.
“The combined aspects of my life made it advisable for me to leave,” Klothen told Phillyburbs.com.
Klothen was hired in 2009 to head up the seven-year, $105 million economic development program created by then commissioners James Matthews and Joe Hoeffel. According to Phillyburbs.com, Castor voted against the program saying the county couldn't afford the $5 million-a-year seed money called for in the first five years of the program.
During last year's fiscal crisis, Klothen had volunteered to cut his annual salary in half (from $131,454 to $78,872) and work part time. Now Klothen is leaving to work on a project involving medical schools in Guatamala for the Penn Center for Bioethics.
His departure is on the heels of the new administration's which slashes this years economic development program seed money to $2.5 million and down to $2 million-a-year for the next four years.
“The administration is considering restructuring the county’s economic development activities," Montgomery County Communications Director Frank X. Custer told Phillyburbs.com. "We will announce any changes when that review is complete.”
Read more about Klothen and the county's economic development program here.
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