The South Shore Economic Development Corporation has elected Peter Tedeschi as its new chairman. The Development Corporation is part of the South Shore Chamber of Commerce (www.southshorechamber.org) and leads the regional economic strategy, South Shore 2030.
Tedeschi brings extensive business and finance expertise to his role. He began his career as the founder of a computer company on the South Shore which he grew to three locations. In 1992 he became vice president at Wellington Management and then served as senior vice president and director of operations for Putnam Investments. In 2008 he joined the family business, Tedeschi Food Shops Inc, where he served as president and CEO until the business was sold in 2015.
A A lifelong resident of the South Shore, Tedeschi serves on the board of Lil’ Drug Store Products and serves locally on the executive board for Friendship Home, Inc. and the North and South Rivers Watershed Association’s advisory council.
“I had the pleasure of being involved with the chamber in the past and I welcome this new role and the opportunity to work with the great business leaders in the region,” said Tedeschi. “Under Peter Forman’s leadership the chamber is looking toward the future and attracting the kind of businesses and jobs that will enhance and blend in with who we are on the South Shore. We are in a unique position to attract the next generation to live, work and play here.”
“Peter has the experience and the vision of success for our region and will work tirelessly to make it a reality,” said Peter Forman, president and CEO of the South Shore Chamber of Commerce. “As a businessman and business owner he understands the need to have the infrastructure, workforce, support and housing in place for our businesses to have the opportunity to grow here.”