IIUSA Hires Interim Executive Director and Executive Search Firm

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EB-5 trade association moves forward with two-prong plan for new Executive Director

On August 6, 2018, the Board of Directors of Invest in the USA (IIUSA), the not-for-profit trade association of the EB-5 Regional Center industry, unanimously voted in favor of a two-prong plan to hire a new, long-term Executive Director. In May 2018, IIUSA announced the departure of its previous Executive Director after eight years of service.

“The Board is confident in the approach it voted on this week to provide short-term internal leadership while a diligent search is conducted to find a qualified, long-term Executive Director,” said IIUSA President Bob Kraft.

IIUSA hired Grau & Associates, a boutique association management firm, to provide an interim Executive Director, Aaron Grau, together with their team which includes an experienced government affairs professional to lead IIUSA lobbying efforts and other administrative support where necessary. The services provided by Grau & Associates will allow IIUSA time to conduct a separate, thorough search for a new, long-term Executive Director.

In addition to hiring an interim management firm, IIUSA also hired Harris Rand & Lusk, a New York City based executive search firm to lead the search for IIUSA’s new Executive Director.

IIUSA Vice President, Bill Gresser, said, “Utilizing both of these firms simultaneously will ensure a smooth transition as IIUSA identifies its new Executive Director. The entire Board is grateful to the Executive Director Search Committee for the meticulous research and work to find both Grau & Associates and Harris, Rand and Lusk.”

Grau & Associations and Harris Rand & Lusk will work concurrently to provide IIUSA with internal organizational management and a diligent search for a new Executive Director.

Additionally, IIUSA Secretary-Treasurer, Steve Strnisha, said “The decision to hire both firms will provide interim and long-term leadership for the organization. Despite challenges faced in the last few months, IIUSA is on solid footing for a long and successful future.”

Founded in 2005, IIUSA is the national not-for-profit trade association for the EB-5 Regional Center industry with a mission of advocacy, education, industry development, and research. The organization represents more than 240 Regional Centers and 180 Associate members, collectively representing big and small projects, urban and rural economic development, and industry sectors ranging from real estate and manufacturing to energy and infrastructure. IIUSA’s members are engines of economic growth and job creation, accounting for a vast majority of capital flowing through the Program. Learn more at IIUSA.org

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Ashley Sanislo Casey
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