McCarthy returning to MDA

Jay McCarthy is returning to the Mississippi Development Authority on Aug. 1 as its new Chief Financial Officer. McCarthy, who has nearly 30 years of experience in finance, banking and economic development, had previously served as director of the financial resources for MDA for 23 years before serving as VP of public finance for Stephens Inc., a financial services firm. The Jackson-based MDA is the state’s official economic and community development agency that focuses on business recruitment, community and tourism development. (Source: Memphis Business Journal 07/25/14)