Sherman Economic Development Corporation (SEDCO) named John Plotnik as the company’s new president, effective Sept. 28.
Plotnik, who most recently served as the executive vice president of the Corpus Christi Regional Economic Development Corporation (CCRDC), will be responsible for guiding business development strategies to grow the primary employment sector in Sherman, a city of 40,000 about 40 miles north of Dallas.
“Sherman is growing rapidly, and John is the perfect leader to help us continue the momentum we’ve built,” said Brooks Hull, chairman of the SEDCO board of directors. “With his tremendous depth of experience in diverse industries, he will bring a fresh outlook and innovative ideas to help Sherman continue to expand our business community.”
Plotnik has more than 40 years of experience in commercial real estate and economic development. While in Corpus Christi, he helped bring in more than $17 billion in new investments to the region, according to Mayor Cary Wacker. In his new role, Plotnik will also structure and negotiate deals on behalf of the city of Sherman, and collaborate with the SEDCO board to identify potential real estate investments that enhance the city’s appeal to potential incoming businesses.
“The Dallas Metroplex is my past home, and I look forward to returning to the area to assume the role of president of SEDCO,” said Plotnik. “Sherman is on the precipice of tremendous growth, as manufacturing, retail and residential expansion continue north on US-75. I look forward to adding value by bringing additional investments and jobs to Sherman.”
Prior to joining the CCRDC, Plotnik served as vice president of Southwest Michigan First in Kalamazoo, Mich., and executive vice president of brokerage for the Bradford Development Co. in Dallas. He also had roles in commercial real estate with Joe Foster Company and Coldwell Banker.
Plotnik, a certified economic developer and licensed Texas real estate broker, is an active member of the Society of Industrial and Office Realtors, and previously served as president and board director of The Commercial Network, an international association of independent commercial brokerage firms representing 140 major metropolitan areas in the U.S., Asia, Canada and Europe.