May 14, 2012

Secretary Stephen Michael Moret of the Louisiana Department of Economic Development, or LED, who is an LSU mechanical engineering alumnus, will serve as the keynote speaker for the spring 2012 LSU College of Engineering Diploma Ceremony. The ceremony will be held at the Maddox Field House on Friday, May 18, beginning at 3:30 p.m.

Moret earned a Bachelor of Science degree in mechanical engineering in 1995 from LSU, where he was elected president of the student body. In 2001, he received an MBA from Harvard Business School, where he was elected co-president of the student body and was a recipient of the Dean’s Award for exceptional leadership and service. Moret recently gained induction into the College of Engineering’s Hall of Distinction, Class of 2010–2011. 

As the leader of Gov. Bobby Jindal’s economic development team, Moret has focused on transforming LED into one of the top state economic development agencies in the country. Moret’s vision is for LED to be a fast, creative and highly responsive partner for corporate executives and site selection consultants; a champion for small businesses and other existing Louisiana employers; and the architect of Louisiana's economic renaissance.

“Stephen Moret is the exemplar LSU engineer,” said Rick Koubek, dean, College of Engineering. “He has established a renowned international reputation among the engineering community for his commitment to public service and building a better Louisiana.”

Some of LED’s top accomplishments under Moret’s leadership include landing Louisiana’s fifth Fortune 1,000 headquarters, Albemarle Corp.; attracting Electronic Arts Inc.'s first North American test center; recruiting Nucor Corp.’s multibillion-dollar iron and steel production facility; two expansions of CenturyLink headquarters; the recruitment of a GE Capital Technology Center; and establishing LED’s highly acclaimed new workforce development initiative, LED FastStart. Since 2008, Jindal and LED have secured projects that will create more than 46,500 new direct and indirect jobs, as well as more than $10.5 billion in new capital investment. 

Prior to being appointed by Jindal, Moret served as president and chief executive officer of the Baton Rouge Area Chamber, or BRAC. Under Moret’s leadership from 2004-08, BRAC grew into a national-caliber regional economic development organization. Revenues tripled at BRAC during Moret’s tenure, following the launch of The Campaign for a Greater Baton Rouge, a five-year, $15 million economic development initiative for the nine-parish capital region. Additionally, BRAC received dozens of national awards from ACCRA/C2ER, the Southern Economic Development Council, the American Chamber of Commerce Executives and other groups for economic development planning, marketing, communications and public policy research. 

Moret’s previous professional endeavors include working as a management consultant with McKinsey & Company, a leading global consultancy serving senior executives of Fortune 500 companies and large public sector organizations. He also served as a project supervisor with Trinity Consultants, where he advised large industrial facilities in multiple states on environmental issues related to major plant expansions. 

Moret has also served as an assistant to the chancellor for former LSU Chancellor William L. Jenkins, an independent consultant to Harvard University and a public policy fellow with the Public Affairs Research Council of Louisiana, or PAR. His research at PAR on restructuring Louisiana’s higher education system earned the national Most Distinguished Research Award from the Governmental Research Association. 

Moret’s work has been recognized by the Ford Foundation, which selected him as one of 30 Regionalism and Sustainable Development Fellows in the U.S. In 2008, he was a contributing author to “Retooling for Growth: Building a 21st Century Economy in America’s Older Industrial Areas,” a book published by Brookings Institution Press. In the book, economic development experts present new frameworks, cutting-edge analysis and innovative policy solutions through which the nation’s government, business, civic and community leaders can sculpt a sustainable and supportable economy for older industrial areas. 

He is a graduate of Leadership Louisiana and was selected for Top 40 Under 40 in Baton Rouge in 2005 by the Greater Baton Rouge Business Report.

For more information about the College of Engineering, visit


Article by Mimi LaValle, LSU College of Engineering, 225-578-5706,

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