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New Jersey Tech Council begins search for new CEO following announcement of Ballen's departure

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The New Jersey Tech Council, one of the oldest and most respected tech groups in the country with nearly 1,000 members, has begun the search for a new leader following the announcement of the departure of founder Maxine Ballen, the council said in a release Monday.

Ballen, who started the group in 1996, announced she will leave at the end of the year to pursue other entrepreneurial board and consulting opportunities. She is making the announcement now to allow for a smooth transition.

Simon Nynens, the Chairman of the Board of the NJTC and the Chairman of Wayside Technologies, expressed gratitude for Ballen's role in the growth of the group.

“Her innate abilities coupled with her inherent entrepreneurial and strategic approach to leading organizations led to the successful launch of the council from a start up to one of the most dynamic and well regarded technology trade associations in North America,” he said in the release.

For the past 18 years, the NJTC has worked to insure that New Jersey remains a premier destination state for technology companies. Through the 80-plus programs the NJTC offers every year, technology companies and their executives have been honored, profiled and recognized for their significant accomplishments.

Among Ballen's accomplishments are the 2001 launching of the NJTC Venture Fund (an $80 million dollar fund) dedicated to supporting and investing in 37 of the region's early stage companies. As a result, hundreds of jobs were created helping to stimulate the local economy.

She also launched Jumpstart NJ, one of the region's most successful angel networks.

Edison Ventures' founder, John Martinson, who served as the initial chair of NJTC, said in the release that it's difficult to overstate Ballen's efforts.

“Maxine galvanized the entire New Jersey technology community, global giants, entrepreneurs, premier service providers, universities and government,” Martinson said in the release. “Her innovations and organization facilitates membership participation, New Jersey influence and national recognition. She departs NJTC with strong Board of Directors, staff and financial position.”


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