The executive committee of the Myrtle Beach Regional Economic Development Corp. voted unanimously Monday morning to offer the organization’s chief executive officer job to Jim Moore, director of business development at the North Eastern Strategic Alliance.
EDC board chairman Fred Richardson wouldn’t say how much Moore will be offered, but he said the salary package will be structured like the one for Brad Lofton, the EDC’s former CEO.
Lofton left the agency in September to take an economic development job in middle Georgia.
At the MBREDC, he was paid a base salary of $123,000 plus a $711 per month car allowance and could earn a 20 percent bonus, depending on meeting certain performance goals including the number of jobs created. The Myrtle Beach economic development group is charged with bringing jobs to Horry County and helping existing businesses grow.
Moore’s final salary and other salary items will be negotiated between him and the EDC executive committee.
Moore said Monday morning that he is currently paid in the range of $80,000 a year. He also can earn bonuses and has a car allowance from NESA, a regional economic development organization.
“I’m open to what they’re going to put out there,” Moore said of an offer from the Myrtle Beach organization.
But he said he’d be reluctant to start with a base salary of less than $100,000 a year.
“It’s a pretty big responsibility,” he said of the EDC’s top job.
Moore said he was familiar with the salary package that Lofton had.
Moore’s salary package will become public information once he and the EDC agree to the terms and sign a contract.
Richardson said he did not have a firm starting date in his mind, and would let Moore dictate that to some extent at least.
Some employers want employees to leave as soon as they accept a job offer from another employer, Richardson said. Others want employees to stay at least some time beyond their resignation.
“I would anticipate (Moore will start) no later than the first of the year,” Richardson said.
Contact STEVE JONES at 444-1765 or on Twitter @TSN_SteveJones.