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Hanshaw named FIVCO executive director

Lance Hanshaw

The FIVCO Area Development District is proud to announce the appointment of Lance Hanshaw as its new executive director. Born in Rowan County and raised in Olive Hill in Carter County, Hanshaw brings a wealth of experience and a deep commitment to the region as he steps into this pivotal leadership role.

Hanshaw, a graduate of Morehead State University with a bachelor's degree and Liberty University with a master's degree, has been a key figure in the Area Development Districts for nearly a decade. He began his tenure as FIVCO's Chief Financial Officer before moving to the Northern Kentucky Area Development District (NKADD), where he served as Director of Administration. His unwavering dedication to fostering sustainable economic growth at both organizations has equipped him with the skills to excel in his new role.

"Lance has worked his way up through the ranks of the Area Development District system," said interim FIVCO Executive Director Sherry McDavid. "His expertise in finance and administration at both FIVCO and NKADD has given him the skill set necessary to be a positive, effective executive director. I expect FIVCO to continue to grow and flourish under Lance's leadership. We welcome him back home to northeast Kentucky where he will be able to use his knowledge to enhance the quality of life in our region."

"Lance has been a key member of the NKADD senior leadership team during his time here, serving as a trusted advisor on financial and administrative matters," said Tara Johnson-Noem, NKADD Executive Director. "While we will miss his contributions locally, I am encouraged that he will now be in a leadership role in his home region and also supporting our statewide network of ADDs through the Kentucky Association of District Directors."

With Hanshaw's appointment as Executive Director, the FIVCO Area Development District is poised to continue its mission of delivering meaningful, community-driven results through strategic planning, collaboration, and advocacy.

"I am honored to have been chosen to lead the FIVCO Area Development District," Hanshaw said. "Having grown up here, I am deeply invested in our communities and the people who call this region home. I look forward to building on our shared vision for sustainable growth and working together to unlock the full potential of the FIVCO region.”

Hanshaw will officially assume the executive director duties May 13. 


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