Research Triangle Foundation CEO quits, takes similar job in Florida

Posted February 22, 2011 3:03 p.m. EST
Updated February 22, 2011 3:34 p.m. EST

— Rick Weddle, president and chief executive officer of the Research Triangle Foundation, has quit to accept a similar position in Florida.

The RTP Foundation, which manages the complex, announced Weddle’s resignation Tuesday afternoon.

Weddle’s new job is president and chief executive officer of the Metro Orlando Economic Development Commission.

Liz Rooks, chief operating officer at the RTP group, will act as interim CEO.

Weddle led the RTP Foundation for six years. His resignation was effective Tuesday. He assumes his duties in Florida on March 14, a spokesperson for the Foundation said.

“While we are disappointed that Rick will no longer be with the Foundation, we are excited for him as he takes on this new role,” said RTP Foundation Chairman David Ward, Jr. in a statement.

“The Foundation’s Board of Directors is committed to continuing the momentum of transforming RTP that was begun under Rick’s tenure,” he added. “The environment in which RTP competes as a location for cutting edge R&D operations has changed dramatically. As we re-envision what RTP is and should become within the Master Plan process, we are working to ensure RTP remains globally recognized as a leading innovation center and a driver the Triangle region’s and State’s economic success and competitive position.”