The Fayetteville Cumberland Economic Development Corporation announced Friday that its treasurer of the past two years, Kelvin Farmer, will be the new board chairman.
His first meeting in the new position will be July 13.

Farmer is the president and CEO of KE Farmer Enterprises Inc. He has held other chairman positions for Winston-Salem State University’s Board of Trustees, Mount Olive Missionary Baptist’s Board of Trustees and Board of the North Carolina Museum of Natural Science & Resources.
“I am pleased to continue serving FCEDC on their Board,” Farmer said. “After a successful year of the team announcing five projects, more than $128 million in capital investment, and 368 new jobs, I anticipate a successful future and am excited to see the growth our community will undergo.”
Farmer’s role will be to assist Robert Van Geons, CEO and president of FCEDC, and his staff in promoting economic growth in the region.
“Kelvin has played a vital role as FCEDC’s Treasurer for the past two years, and we are honored to have him continue his involvement on the Executive Committee and lead our organization as chairman,” Van Geons said. “We are also grateful for Andrew Pennink’s contribution and commitment as former Chairman.”
Farmer will succeed Andrew Pennink of Jet HomeLoans in his role. Kathryn Cox of ACLC will be in the treasurer position. Other members joining the Executive Committee are Vice Chair Vivek Tandon of Trinity Hospitality and Secretary Jack Rostetter of H&H Homes.
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