Local Business

Crystal Lake man to lead Rockford Area EDC

ROCKFORD – The Rockford Area Economic Development Council named Michael P. Nicholas of Crystal Lake as the new president of the regional organization charged with helping employers retain and create quality jobs.

He will begin at the RAEDC on April 7, according to a news release.

Most recently Nicholas was the president and CEO of Continental Datalabel in Elgin. The announcement was made at a news conference at EIGERlab by Joel Sjostrom, RAEDC’s chairman of the board, chair of the search committee and president/CEO of Sjostrom & Sons.

Sjostrom said Nicholas, 66, was the unanimous choice of the RAEDC search committee and the executive committee.

“Mike’s diverse experience will be an exceptional foundation for our work at the RAEDC. He has run companies with international operations, he has served as an elected official and his father was a Teamster and union official,” Sjostrom said. “Mike also has a track record as a change agent and outstanding team builder.”

Nicholas has served on the McHenry County Economic Development Corp., Lakewood Village board and other public institutions.

Nicholas and his wife, Bonnie, will move to the Rockford area.

“We are very excited about this opportunity,” Nicholas said in a news release. “A lot of very good work was done by my predecessor Janyce Fadden and I am confident that the organization and the region will continue to build on that. I’m very impressed with the RAEDC’s search committee and its high quality of leadership. Our work will be challenging, yet very rewarding.”

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