Governor's Cabinet

Spencer P. Eccles, Executive Director, Governor's Office of Economic Development

Spencer Eccles

Spencer Peterson Eccles is currently the Executive Director of the Utah Governor's Office of Economic Development (GOED) which oversees all business, tourism and film development for the State, including international trade. He was appointed to the position in 2009.

Mr. Eccles has created a vibrant, collaborative office which is functionally divided into Business Outreach & International Trade, Corporate Recruitment & Business Services, and Tourism, Film & Global Branding.

GOED programs range from regional Business Development Centers, assistance for companies seeking to expand global trade or government contracts, to the Avenue H small business health insurance marketplace. Each GOED program is designed to assist business and job growth and statewide economic development. On Mr. Eccles' watch, the GOED Corporate Recruitment team has executed incentive contracts with more than 90 companies who have committed $5.3 billion of capital investment in facilities and infrastructure. Over the average 11-year term of the agreements, the companies have contracted to create more than 32,500,000 new jobs and the state is expected to receive $2.1 billion in new tax revenue.

Under his direction, the GOED Office of Tourism continues to elevate Utah's profile nationally and globally. According to the University of Utah research office , the state attracted more than $7.4 billion in tourism spending in 2012 alone, thanks to effective marketing campaigns such as the Mighty 5®, which promotes the unique asset of our five national parks. The UofU has also calculated that for each dollar invested in the Winter 2012/13 and Summer 2013 ad campaigns, the average Return on Investment was $5.06 in state tax revenue. GOED is currently engaged in a global branding initiative to further extend “Utah: Life Elevated®” message to new consumer and business markets.

Growing up in Utah, Mr. Eccles has strong ties to Utah's urban and rural communities as well as international markets where he has had a number of business relationships. Consequently, GOED's Rural Development and International Trade and Diplomacy offices are very active in their proactive outreach.

Mr. Eccles sits on numerous public and private boards, and as chair of the Governor's Economic Council, serves as the senior policy advisor to the Governor on economic development. He is also vice-chair of the Utah Science Technology and Research (USTAR) initiative, which aims to grow Utah's knowledge economy. He is also a board member of the Utah Capital Investment Board (UCIB), formerly the Utah Fund of Funds which works with venture capital investment firms to help grow Utah's innovative companies.

Prior to joining GOED, Mr. Eccles has been involved with web-based software and materials technology companies in the U.S. and abroad. He was formerly affiliated with the Salt Lake City office of Wells Capital Management (Wells Fargo Bank).

In 1997, the Salt Lake Organizing Committee for the 2002 Olympic Winter Games tapped Mr. Eccles to manage the development of its Snow Basin venue and oversee the premier Olympic downhill events as well as all of the alpine Paralympic competitions.

Mr. Eccles' involvement with Utah's non-profit community includes his past chairmanship of the Salt Lake Chamber's International Committee and service on its Board of Governors and Executive Committee.

Mr. Eccles received his MBA from BYU's Marriott School of Management and his BA in history from the University of Utah.

A multi-generational Utah family, the Eccles have been great supporters of Utah's outstanding quality of life including sports, music and most of the cultural arts. Mr. Eccles and his wife have three active children. Mr. Eccles has been involved with international ski racing since his youth, and he has a love for hunting and fishing. Consequently, the Eccles family enjoys Utah's great outdoor venues whenever school and work allows them to travel.