Press Release

Maine Development Foundation names new leader

AUGUSTA, Maine — The board of directors of the Maine Development Foundation  has announced that Edmund J. Cervone has been appointed President and CEO of the organization.

The announcement concludes a nationwide search for a strong and visionary leader of the Maine Development Foundation. MDF supports economic, workforce, leadership and community development across the state of Maine.

Prior to being appointed to this role, Cervone served as MDF interim president since June 2012. He joined MDF as the senior program director and operations officer in 2007.

As a graduate of the Foundation’s Leadership Maine Xi Class, he shares a personal connection with hundreds of Leadership Maine alumni. Prior to joining MDF, Ed served in a number of related leadership roles outside of Maine in Colorado, New Jersey and Delaware over the last 14 years.

Ed earned his Bachelor of Arts in Geosciences with honors from Princeton University and Master of Science in Ecology and Environmental Sciences with honors from the University of Maine. Ed is an active member of the Hallowell city council and other community organizations. He succeeds Laurie Lachance, who left this role at MDF to become the President of Thomas College.

About the Maine Development Foundation

MDF is a private, non-profit 501(c)(3) corporation with a membership of 250. MDF was created by the Governor and Legislature in 1978 with a broad mandate to promote the economy. Funding comes from a variety of sources including fee-for-service, private contributions, memberships, foundations and state government contracts.

MDF is non-partisan and delivers the highest quality fact-driven work through its programs and through economic research conducted by professional staff. MDF oversees seven programs with a variety of focuses ranging from community development, to leadership training, to workforce development. MDF staff members conduct a range of economic research analysis for public and private interests on issues across the economy. All work serves as the basis for extensive and ongoing educational and outreach efforts.

Additional information about the Maine Development Foundation can be found at or on Facebook at