Says Kimball, “The seven years I have served in the senior leadership of NYCEDC have been the most fulfilling of my professional life. In addition to the transformative projects we've helped catalyze, strong growth of good jobs we've supported, open space we've created, and the innovation economy we helped build, I'm proud to leave behind a strong, talented and sustainable organization. I look forward to continuing to serve the City on several agency boards, and as an advisor whenever Mayor de Blasio calls.”

Kimball tells the Journal he's announcing his decision now because it allows him to look for a job without having to be secretive. “I'm ready for a new opportunity and adventure,” he says. “I have a great body of work at EDC. It's just important to leave on a high note.”

Adds EDC board chair Michael Schlein, "Over his seven years at NYCEDC, Kyle Kimball has helped to change the face of New York City for the better. Since his appointment as president, Kyle has helped expand the living wage policy and community hiring efforts, strengthened the city's workforce development agenda, supported the creation of affordable housing and made EDC a key agent in the Mayor's push for inclusive economic growth.”

Says Mayor de Blasio, through a spokeswoman, “Kyle has gotten us off to an energetic start, and we're deeply appreciative.”