Hempstead IDA and LDC appoint Grech to boards

June 01, 2021 - Long Island

Hempstead, NY According to Frederick Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA) and Local Development Corp., Thomas Grech has joined the boards of both agencies.

Grech, president and CEO since 2015 of the Queens Chamber of Commerce, based in Jackson Heights, fills a long-time vacancy on the IDA/LDC boards. The positions are unpaid.

“I am delighted to have Thomas Grech join the boards of these agencies, which are so vital to the economic well-being of our town,” said Town of Hempstead supervisor Donald Clavin.

From 2011 until 2015, Grech was managing director at JJT Energy, a natural gas and electric commodity supplier, and director of sales for CCI Energy Solutions and its partner, Breakwater Ventures. Until 2011, Grech was a supply chain executive with SONY DADC and before that worked in printing and publishing with RR Donnelley & Sons Co., Merrill Corp. and www.xlibris.com. He also taught classes in entrepreneurship and small business as an adjunct professor at Farmingdale State College.

Grech’s appointment was approved by the Hempstead Town Board on April 14.

A graduate of the University of Scranton, Scranton, PA, with a BS in accounting, Grech received his MBA in International Business from Manhattan College, Riverdale, NY. 

Grech has served as president of University of Scranton national alumni board and as a board member of the Nassau Land Trust-Crossroads Farm.

The IDA is a public benefit agency with the power to help qualified businesses relocate, expand and build in the Town of Hempstead, New York’s largest town. The LDC provides low-interest, tax-exempt bonds to not-for-profits, educational institutions, hospitals, civic entities or charitable organizations within the town.

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