HCDC Announces Peg Moertl as New President/CEO

Cincinnati, OH, March 29, 2018 – It is a distinct honor, and with a great deal of excitement, that the HCDC Board announces Peg Moertl as David K. Main’s successor in the role of HCDC President/CEO. Peg comes to HCDC from PNC Bank, where she served as Senior Vice President of Community Development. She will assume her new position on April 1, 2018.

Photo by: Mark Bowen, Cincinnati Business Courier

Peg Moertl has been with PNC Community Development Banking for 14 years, most recently serving as operations manager since 2015. In this role she guided PNC’s Community Development Banking team in making loans and investments, grants, and sponsorships in low-to-moderate income neighborhoods, along with increasing small business lending using creative bank-community partnerships.

Additionally, Peg is currently chair of the Greater Cincinnati and Northern Kentucky Local Advisory Council (LISC), as well as a board member for the Greater Ohio Policy Center. She has previously held other leadership roles in community development and human service agencies including the Urban League, Cincinnati Development Fund, Urban Land Institute, Cincinnati Center City Development Corporation, and Strategies to End Homelessness.

“It was Peg’s respected role in the banking industry, her previous experience in community and economic development, in addition to her experience running a non-profit organization, that made her a standout candidate among the other qualified candidates vying for the position,” says HCDC Board Chair Tim Blankenhorn.

“I am honored to join Pat Longo, Harry Blanton, Andy Young, and the rest of the very capable team at HCDC. I’m excited to add to the foundation that David Main built, and to further enhance the vibrancy of our regional economy as we move into the future,” says Peg.

The HCDC staff looks forward to beginning this new chapter, and welcomes Peg to the organization.

About HCDC, Inc.

Established in 1983, HCDC, Inc.helps build businesses and promote job creation in three ways: Business Incubation, Business Lending, and Economic Development services. Born out of a need to create jobs to counter a shrinking manufacturing sector, HCDC has nurtured over 300 resident companies, financed over $1 Billion in projects, and has helped attract and create tens of thousands of local jobs in southwest Ohio.

Media Contact:
Kacey King Redmond
Marketing Director
HCDC, Inc.