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Nexus Louisiana, a business incubator that supports 30 companies and aims to establish long-term, multiyear partnerships to improve sustainability, is currently in the process of finding a new permanent leader. The organization plans to work with a search firm, which it approved a request for proposal (RFP) for in early May, to recruit the next leader.

Former President and CEO Genevieve Silverman stepped down from her position at Nexus Louisiana after 14 years in June 2022. Financial records for Research Park Corporation, the parent entity of Nexus Louisiana, showed a budget shortfall of $280,771 that year, with revenues totaling $2,578,258 and expenses amounting to $2,859,029.

Entrepreneur and former board chairman Calvin Mills has been serving as the interim CEO since Silverman’s departure. Although he had initially not considered becoming the organization’s top executive

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