City of Lynchburg’s Economic Development Authority Announces New Appointment

January 19, 2023

The Economic Development Authority of the City of Lynchburg is pleased to announce its newest member. On December 13, 2022, Lynchburg City Council appointed Sean Huyett, President and CEO of Westminster Canterbury, to a four-year term on the Economic Development Authority. 

Sean Huyett joined Westminster Canterbury in May 2010. Before coming to Westminster Canterbury, Huyett was involved at retirement communities in North Carolina for 14 years. He has experience with both not-for profit and for-profit organizations over the past 26 years. Huyett has a Bachelor of Science in Health Services Administration and a Master of Business Administration from James Madison University. He and his wife Leigh have two college-aged children. Huyett is board member at the United Way and a member of the Lynchburg Morning Rotary Club. 

Other appointed Economic Development Authority members are:

Chair, John Stone
Mr. Stone has more than 25 years of experience in wealth management and is the First Vice President/Investments with Stifel Nicolaus, a national financial services firm. He holds the CFA (Chartered Financial Analyst) and AIF (Accredited Investment Fiduciary) designations. He is a member of the CFA Institute and Richmond Society of Financial Analysts. Stone is a graduate of Hampton-Sydney College and lives in Lynchburg with his wife, Shelley and four children. He was originally appointed to the EDA in 2015. 

Vice Chair, Richard Tugman
Mr. Tugman is the CEO of Piedmont Community Health Plan. Richard holds a bachelor of law degree – with honors – from the University of Kent at Canterbury, England and a masters in law from the Tulane University Law School. Richard lives in Lynchburg with his wife, Jenny.  

Secretary-Treasurer, Pat Mosby
Pat is a native of Lynchburg and graduated from E. C. Glass High School. After 15 years of employment with General Electric, she relocated to Alexandria Virginia, beginning her career with the Department of Defense and Department of the Navy. She earned her Bachelor of Science Degree in Legal Studies from the University of Maryland University College. Pat retired and returned to Lynchburg where she works part-time for BWX Technologies, Inc. and volunteers at the Academy Center of the Arts.  

Assistant Secretary-Treasurer, Kimberly Soerensen
Kim Soerensen is the CEO & President of the United Way of Central Virginia and previously served as the Executive Director at Riverviews Artspace from 2016 to 2022. She is an advocate and an entrepreneur with an extensive career in design and global business. Originally from Germany, Soerensen immigrated to L.A. in 1986 after earning her degree in Design from the Blocherer School of Design at the University of Munich. Kim moved to Lynchburg in 1998 where she concurrently began a family and her own businesses.

Other members of the EDA are:

Georgeann Snead
Ms. Snead is President and CEO of Electronic Design and Manufacturing, an employee-owned manufacturer of printed circuit board assemblies started in the Lynchburg Business Development Centre in 1990. Prior to joining EDM, Georgeann served as the first director of the Lynchburg Business Development Centre. Georgeann is a graduate of Davidson College and is actively involved in the community, serving on several local boards. She and her husband Parks have two grown children.

Sackett Wood
Sackett Wood is a native of Lynchburg, Virginia. He graduated from E.C. Glass High School in 1983 and went on to graduate from the University of Virginia with a BA in English in 1987. He began his career in banking, working for First Union (now Wells Fargo) upon graduation as a Commercial Lender in Charlotte, NC and Columbia, SC. Wood then joined Moore & Giles in 1990 as a sales associate. In 1993, he became Vice President and then President in 2006. He currently serves as the company’s CEO. Wood has been married to his wife Alex Perrow Wood for 27 years, and they have three sons.

The Economic Development Authority is a political subdivision of the Commonwealth of Virginia and serves as the incentive arm of the City of Lynchburg. The Authority actively pursues investment and development opportunities, and elevates the economic development profile of the City. Authority members are appointed by City Council and may serve up to three consecutive four year terms.

The Economic Development Authority meets monthly on the third Thursday at 8:30 a.m. in the Office of Economic Development & Tourism, City Hall. Any changes to this meeting schedule are posted in City Hall and released to the media. Meetings are open to the public. Learn more about the work of the Office of Economic Development & Tourism and the Economic Development Authority HERE.