November 16, 2017. Memphis Tenn.
The Downtown Memphis Commission (DMC) board of Directors voted to retain Jennifer Oswalt as the permanent President/CEO of the DMC in a unanimous vote held during their regular board meeting on November 16. The recommendation to offer Oswalt the position was given by Dave Smith of the search firm DHR International and was announced by Carl Person, board chair of the DMC. Oswalt is a certified public account with a background in accounting, human resources, and business management. She began her tenure at the DMC in 2015 as CFO and has been serving as interim president since July of 2017.
“We were impressed by the quality of all the candidates brought to us by DHR, which made the final recommendation even more significant,” stated Carl Person, board chair of the DMC. “Jennifer has the skillset needed to succeed in this job and her qualifications rose above all, including several national candidates. We feel very fortunate to have retained her in this role.”
Oswalt is a native Memphian and a graduate of the Haslam College of Business at the University of Tennessee. Before joining the Downtown Memphis Commission, Oswalt served as CFO for local publishing company Contemporary Media. Oswalt also serves on the board of the Women’s Foundation for a Greater Memphis, most recently as co-chair.
On her selection as President, Oswalt responded, “I am honored to have the opportunity to serve the DMC and our community in this role. I believe a strong, vibrant, and connected Downtown can be a catalyst for change and growth across our entire region and I am looking forward to diving into the work.”