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Economic Development
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Stephen Moret
Department of Economic Development



Secretary Moret
 
Department
of Economic Development
 

DED Web site 

Stephen Moret most recently served as the President and CEO of the Baton Rouge Area Chamber of Commerce (BRAC). Since Moret began leading the organization in 2004, BRAC has grown into a national-caliber, regional economic development organization. BRAC’s revenues tripled following the highly successful launch of “The Campaign for a Greater Baton Rouge” – a five-year, $15 million economic development initiative for the nine-parish capital region.

Moret successfully brought all nine parishes in the region together behind a coordinated business development strategy, an approach that has generated 1,400 direct jobs from business retention, expansion, and recruitment efforts in the last 18 months alone. At BRAC, Moret has emphasized that business retention and expansion efforts are just as important as business recruitment efforts, and that Louisiana must address its fundamental economic issues by working to eliminate unorthodox business taxes, improve workforce development, adopt comprehensive governmental ethics reform, and address statewide transportation priorities. Moret also led the formation of a 50-organization coalition, LA Ethics 1, focused on transforming Louisiana into a national leader in governmental ethics laws and enforcement.

Moret previously served as a management consultant with McKinsey & Company, from 2002 to 2004 in Washington, D.C. Prior to joining McKinsey, Moret served as a public policy fellow with the Public Affairs Research Council of Louisiana (PAR) in 2002, as well as an independent consultant to Harvard University in 2001. His research at PAR on restructuring Louisiana’s higher-education system received the “Most Distinguished Research” award from the National Governmental Research Association.

Prior to attending Harvard Business School, Moret served as assistant to the chancellor of LSU and as a project supervisor with Trinity Consultants, an environmental engineering firm where he advised industrial facilities in Louisiana, Arkansas, and Mississippi on environmental issues related to major plant expansions.

Moret holds a Bachelor’s degree in Mechanical Engineering from LSU, where he was elected president of the student body, and an M.B.A. from Harvard Business School, where he was elected co-president of the student body and was a recipient of the Dean’s Award for Exceptional Leadership and Service.



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