DHR International Places Downtown Toledo Development Corporation President, CEO
August 1, 2017
"A fourth generation Toledoan returns home"
Global executive search firm DHR International is pleased to announce that Rachel Bach has been selected as President & CEO of the Downtown Toledo Development Corporation in Toledo, Ohio. DTDC is the premier public-private partnership driving economic growth and investment in metro Toledo.
After earning a Bachelor of Science degree from Kent State University with a specialization certificate in Urban Studies and Planning, Bach moved to Florida where for the past 20 years she has been involved in a variety of economic development leadership roles. While in Florida, she earned a Masters of Urban and Regional Planning from Florida Atlantic University. Bach most recently served as the Executive Director of the Dania Beach Community Redevelopment Agency, and is an associate with RMA, LLC in Pompano Beach. She previously served as the Executive Director of the Margate CRA, and the North Miami Beach CRA, among other roles. Bach is a certified planner (AICP) and has successfully led business model transformation and redesign initiatives along with real estate development, workforce housing, historic preservation, and special events marketing.
Randy Oostra, the Downtown Toledo Development Corporation’s Chairman, and the President and CEO of ProMedica said, “The reboot of the development corporation is needed to implement the vision crafted by the 22nd Century Committee. Clearly, we needed someone who can come in and be a team player, work in an environment to get everyone to work together. The bottom line is there is a great harmony of people working together, all working to get the job done.”
“We want to make sure that we are all working together to deliver on a master plan that was well thought out,” said Bob LaClair, the Vice President of the Downtown Toledo Development Corporation, and the President and CEO of Fifth Third Bank (Northwestern Ohio).
“I’ve spent 23 years in South Florida working in many different capacities. I’ve worked for the private sector, public sector, and the nonprofit sector. My skill set is very broad. I’ve been wanting to come back home for some time. I’m happy to be part of the downtown renaissance,” Bach said.
“When top community and corporate CEOs are directly involved in the downtown development process, things happen. The 22nd Century Committee, comprised of Toledo’s top executive leadership, provided the sense of urgency, direction, and the commitment of resources necessary to bring about a renaissance,” Smith said. “Combining Rachel’s experience and demonstrated record of performance with the Toledo’s engaged corporate, community and civic leadership, will undoubtedly create a renaissance and one of the most sought-after business addresses in Ohio.”
DHR International’s search engagement team was led by Dave Smith, Partner and Economic Development Practice Leader, and Partner Tina Winner. The DHR engagement team includes Partner Martita Mestey and Partner Steven Oberhoffer.
About Downtown Toledo Development Corporation (DTDC) - The Downtown Toledo Development Corporation (DTDC) plays a crucial role in bringing the public and private sectors together as partners in downtown Toledo’s redevelopment and revitalization. This CEO-driven organization was designed to revolutionize and energize urban development in downtown Toledo. The new CEO will focus on building
the leadership, partnerships, and development capacity necessary to implement the Downtown Toledo Master Plan, while driving pre-development and planning activities covering a variety of catalytic projects.
About DHR International - DHR International is the only major search firm with a dedicated Economic Development practice group whose forte is identifying top performing leaders for public-private partnerships that foster economic prosperity. David Smith is the lead partner of DHR International’s Economic Development Team.
In collaboration with the International Economic Development Council (IEDC), DHR International and Somerville Partners recently completed a behavioral leadership study of "Top Performing Economic Development Executives.” This proprietary tool provides a highly validated benchmark that is useful in evaluating both seasoned economic developers, as well as, new entrants into the economic development field.