Former ADED Director Larry Walther Joins Export-Import Bank Board

Senate Banking Committee Chairman Tim Johnson, D-S.D., said Thursday that the committee voted former Arkansas Department of Economic Development Director Larry Walther to the Export-Import Bank Board of Directors.

Walther, along with Patricia Loui of Honolulu, were elected to the board by voice vote on Thursday.

The Export-Import Bank of the official export credit agency of the U.S. government. It seeks to create jobs by financing sales of U.S. exports to international buyers.

Former Gov. Mike Huckabee appointed Walther to lead the department in 2003. Walther was chosen to replace Jim Pickens, who retired.

Walther previously worked as a public affairs consultant with Public Strategies Inc., advising telecommunications company SBC Arkansas (now AT&T) on legislative and regulatory affairs.

Walter left the economic development agency in 2008 after Gov. Mike Beebe appointed Maria Haley as director. The agency later changed its name to the Arkansas Economic Development Commission.