Mark Hogan will become the Wisconsin Economic Development Corporation’s new Chief Executive Officer, Gov. Scott Walker announced today.

“Mark Hogan is a proven and respected leader in finance and business, and we are honored to have him as a partner in our efforts to grow the economy, create jobs, and keep Wisconsin heading in the right direction,” Walker said in a statement. “Mark’s experience will be invaluable as WEDC continues to reform and improve processes to best serve the citizens of this state in developing economic opportunities for families all around Wisconsin.”

According to a release, Hogan’s prior experience includes almost four decades at M&I Bank and BMO Harris Bank, while serving on numerous boards including the Wisconsin Housing and Economic Development Authority, Children’s Hospital & Health System and the Archdiocese of Milwaukee Finance Council.

Hogan replaces Reed Hall, who announced his retirement in August.