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McCarthy is new CFO of Miss. Development Authority

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News,Business

JACKSON, Miss. (AP) — Mississippi's lead economic development agency has hired a new chief financial officer.

The Mississippi Development Authority on Friday said Jay McCarthy will begin work on Aug. 1.

McCarthy comes to his new post with nearly 30 years of experience in finance, banking and economic development.

McCarthy is returning to the agency after serving for five years as vice president of public finance for Stephens Inc., a privately held, independent financial services firm.

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