Nutter Appoints New Chairman of Delaware River Waterfront Corporation

Here's the press release:

MAYOR NUTTER ANNOUNCES NEW CHAIRMAN FOR THE DELAWARE RIVER WATERFRONT CORPORATION (DRWC)

Philadelphia, August 6 - Mayor Michael A. Nutter has announced his appointment of Donn Scott as the Chairman of the Board of the Delaware River Waterfront Corporation (DRWC). Mr. Scott leads Government Banking for the Pennsylvania, Delaware and Maryland Region for Wachovia Bank, a Wells Fargo Company. Mr. Scott has appointed Jay Goldstein, founder of Valley Green Bank, to serve as DRWC’s Vice Chairman.

“We are very lucky to have a talented corporate and civic leader like Donn Scott take the helm as Chairman of the Delaware River Waterfront Corporation,” said Mayor Nutter. “Donn shares my vision of DRWC serving as a catalyst for high-quality public and private investment, and understands the need to bring this waterfront vision to fruition.”

On January 30, 2009 Mayor Nutter transformed the former Penn’s Landing Corporation into the Delaware River Waterfront Corporation, an organization dedicated to the design, development and management of the entire Central Delaware riverfront. Donn Scott will assume the Chairmanship of DRWC as the organization faces a new mandate and priorities, including launching a master planning process in the fall. Mr. Scott replaces Andrew Altman who left the City of Philadelphia to take up a position as founding CEO of the Olympic Park Legacy Company, overseeing the revitalization and redevelopment of Olympic Park in East London.

After an extensive visioning process for the Central Delaware, residents have embraced the aspiration of a world-class waterfront, requiring new leadership to execute on this vision. “On behalf of the entire DRWC Board of Directors, I look forward to setting a new course to create a vibrant destination for the recreational, cultural, and commercial activities of Philadelphia’s residents and visitors,” commented Donn Scott.

DRWC’s Board of Directors also announced the departure of Joseph Brooks, Acting President, who will be leaving the Corporation on August 31, 2009. “We wish Joe Brooks well, and thank him for shepherding DRWC through this important period of transition,” said Donn Scott.

“We congratulate and thank Joe Brooks for his long and distinguished service,” said Mayor Nutter. “Over the course of 20 years, Joe Brooks provided the steady leadership at the Penn’s Landing Corporation that helped establish a welcoming tourist attraction beloved by millions in Philadelphia and the region.”

Brooks’ successor is expected to be announced in the coming weeks.

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