Governor John E. Baldacci of Maine named David A. Cole Commissioner of the Maine Department of Transportation in February of 2003. Mr. Cole was confirmed by the Maine State Senate and assumed office in March of 2003.
Prior to his being named Commissioner, David Cole has served eight years as President & Chief Executive Officer (CEO) of Eastern Maine Development Corporation (EMDC), a non-profit economic development organization serving a six-county region in Eastern Maine. As President of EMDC, David oversaw a wide range of programs and initiatives, focusing on entrepreneurial development; business retention, expansion, and attraction; community development and capacity building; regional initiatives; and advocacy at the local, state and national levels. EMDC has a staff of approximately 50 people, an annual operating budget approaching $7 million, and assets under management of approximately $20 million.
Prior to serving as CEO, David held a number of positions within EMDC, including Executive Vice President, Director of Business Development, Development Financing Specialist, and Economic Development Specialist. He has extensive experience in the areas of development finance, deal structuring and negotiation, strategic planning and resource development. David is designated by the American Economic Development Council (AEDC) as a Certified Economic Developer (CED). He currently serves on the Board and is Treasurer of the Maine Port Authority. David is a member of the Economic Development Council of Maine (EDCM), as well as a past president of that organization.
David is a native of Lincoln, Maine. He is a graduate of the University of Maine with BS and Master of Public Administration degrees. David currently lives in Brewer, Maine with his wife Karen and twin sons, Alexander and Jonathan.