"At a time when our nation is facing a fiscal crisis of epic proportion, there's no one better qualified than Jerry Zaro to ably steer New Jersey's economic growth strategy," says Corzine, in a statement. "His 33 years of experience offer a diverse perspective that links critical facets of our economy--business, banking, real estate, law and transportation."

Zaro is president and managing partner of the law firm of Ansell Zaro Grimm & Aaron in Ocean, NJ, and has also been involved in many business partnerships, including as a principal in a number of real estate developments. He was also chairman of Ocean Independent Bank and has served as a director of several other stock exchange listed companies. In the public sector, Zaro was a commissioner of the New Jersey Highway Authority for more than a dozen years, with the last two as chairman, and recently completed a term as a commissioner of the New Jersey Sports & Exposition Authority.

"Given the magnitude of the national economic crisis, I felt strongly about leaving the private sector to accept this position to lead the Office of Economic Growth," Zaro says. "The crisis we face is a non-partisan problem that requires a bipartisan solution. Now is a time, more than ever, for all hands on deck."

The Office of Economic Growth was established by executive order in early 2007, and Zaro replaces the office's original director, Gary Rose, who resigned at the end of June.

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