Madisonville Hopkins County Economic Development Corporation Announces Hiring of New President


Madisonville, KY. — Following a national search, the Board of Directors of the Madisonville Hopkins County Economic Development Corporation has named Ray Hagerman as the new President of the organization.

“Our committee realizes that this hire is of extreme importance to our community.” said Chairman Skip McGaw. “We were fortunate to have such strong interest in the position from a pool of qualified candidates. Ray was able to differentiate himself as the unanimous choice.”

Ray Hagerman most recently served as the Chief Executive Officer of Four Corners Economic Development Inc in Farmington, New Mexico. Hagerman, a Knoxville, TN native, previously held the position of Vice President of the Dayton Development Coalition. Hagerman entered the economic development profession after finance and banking stints in Ohio and Nashville.

Hagerman brings a successful background in rural economic development, particularly in communities where coal and energy products are mainstays of the local economy. He also brings strong experience in building entrepreneurial systems to enhance existing economic development efforts.

“It is an honor, and a welcomed challenge, for me to have this opportunity,” Hagerman said. “Hopkins County has a lot to offer and I look forward to serving the community.”

Hagerman was chosen after a group of finalists were interviewed from across the United States. The search process began in December with the first round of video conference interviews conducted at the beginning of February. The ten member Search Committee conducted interviews with the assistance of Mississippi based executive search firm, Logan Development Group. Over fifty candidates from across the country expressed interest for the position.

“Hopkins County and the entire EDC organization will be well served with Ray Hagerman as our new President,” stated McGaw who also chaired the search committee. “Our search committee has confidence that Ray’s experience will lead our organization successfully into the future.”

Hagerman and his wife, Dona, have five adult children and will be making their home in Hopkins County. Hagerman will begin his new role as President on April 1st.

Ray Hagerman

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