Press Release



Contact: Cassandra Cranston
Sr. Manager, Marketing & Communications
ccranston@cednc.org

Phone: (919) 549-7500
FAX: (919) 549-7405
www.cednc.org


Longtime CED President Monica Doss Announces Resignation

Doss made announcement at Feb. 27 CED board meeting

Research Triangle Park, N.C., February 27, 2008 – The Council for Entrepreneurial Development (CED) today announced Monica Doss, the longtime president of CED, has submitted her resignation, to become effective on May 31, 2008. CED officials and Doss made a joint announcement at today’s regular meeting of the CED board.

Doss, 56, has served as president of CED for more than 20 years. During her tenure, CED has become the largest entrepreneurial support organization in the United States, with more than 5,000 members representing 1,100 member companies.

Doss commented Wednesday, “I have resigned to pursue fresh opportunities after my service with CED this spring is complete. I have truly enjoyed my role in building such an important organization. I expect to remain involved in entrepreneurial activities on a national and regional basis.”

Doss, who came to CED after service with the N.C. Museum of Art, is actively involved in many of the Triangle’s professional, educational and community service organizations.  She was awarded the Goodmon Leadership Award in 2003, the 2004 Triangle Women in Business Lifetime Achievement Award and the national Entrepreneur of the Year Award for Support of Entrepreneurs given by Ernst & Young, the Kauffman Foundation in 1999.

Mary Musacchia, chair of the CED Board of Directors, said, “Monica Doss has been an integral part of every success enjoyed by CED over the last 20 years. While regretting her decision, we fully support and understand her need for a new direction. Everyone associated with the organization owes heartfelt gratitude for Monica’s service here.”

Musacchia pointed out that Doss will remain with the organization until the end of May, and will be involved in CED conference activity in the spring, including major conferences in the Triangle and the Triad including MedTech, Venture and Biotech.

About the Council for Entrepreneurial Development
The Council for Entrepreneurial Development, headquartered in Research Triangle Park, is a private, non-profit organization formed in 1984 to stimulate the creation and growth of high-impact companies in the Research Triangle, North Carolina and Southeast region. Since 2001, CED has helped triangle-area companies raise over $2.6 billion in venture capital. CED provides education, mentoring and capital formation resources to new and existing high-growth entrepreneurs through annual conferences, seminars, workshops and programs on entrepreneurial management and finance. CED is the largest and oldest entrepreneurial support organization in the nation with more than 5,000 members representing over 1,100 entrepreneurial companies, financiers and professional firms. For more information, visit www.cednc.org.

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What Members are Saying

"CED gave our management team the ability to understand and anticipate what was in front of us. As a potential or early-stage entrepreneur, joining CED is one of the very first things you should consider doing." -- Peyton Anderson, CEO, Affinergy