Nonprofit News

Coachella Valley Economic Partnership (CVEP) CEO Joe Wallace Announces Plans for Retirement in Mid-2024

The Coachella Valley Economic Partnership (CVEP) Chief Executive Officer and Chief Innovation Officer, Joe Wallace, announced his plans to retire in mid-2024. Wallace has been mentoring individuals and businesses for more than 30 years. He joined CVEP in 2012 to serve entrepreneurs and start-ups in the Coachella Valley.

Joe’s contributions to CVEP and to our valley over the years have been many, and he has been honored with numerous awards throughout his career. “It has been a privilege and a joy to have served as the founding managing director of the iHubs in Palm Springs and Palm Desert,” said Joe Wallace. “As the longest serving CEO in CVEP’s history, I believe with the expansion of the CSU Palm Desert Campus and a regional focus on economic development, the future of the Coachella Valley is bright.”

Wallace informed the CVEP board of directors this week about his plan to retire in June 2024, giving the economic partnership a transition period and time to consider and select a new leader.

About CVEP
The mission of the Coachella Valley Economic Partnership is to incite a vision-driven economic transformation in the Greater Palm Springs region. Established in 1994, the nonprofit organization is a vital innovator of regional business development initiatives, fostering entrepreneurship and diversifying industry. As the only regional entity with the capacity to execute technology-led economic development, the partnership has dedicated significant resources to incubate cutting edge businesses through its pioneering iHubs in Palm Springs and Palm Desert. CVEP is committed to promoting a diversified, year-round economy through business attraction, retention, and expansion. Visit www.cvep.com or call 760-340-1575.

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