Facebook Twitter

UTFC GETS NEW DIRECTOR, PRESIDENT

SHARE UTFC GETS NEW DIRECTOR, PRESIDENT

Don Welty has been appointed president and executive director of the Utah Technology Finance Corp., according to Karl N. Snow, chairman of the board. He replaces Richard Turley who retired in December after three years in that position.

For the past several years, Welty has been project director for the Greater Omaha Seed Capital and Business Incubator Fund, directing a number of successful projects in the development and expansion of this type of program.He also has executive and financial experience with American Express and Fidelity Investments in New York City and Salt Lake City and also has been an adjunct professor in business management.

UTFC is a state-sponsored program designed to provide financial help to emerging companies.