Jennifer Oswalt was chosen Thursday as the new president and CEO of the Downtown Memphis Commission (DMC).
Oswalt was the group's chief financial officer and had been serving in the CEO position on an interim basis since Terrence Patterson left the post in July. At that time, Oswalt planned to leave the organization and return to Contemporary Media Inc., which publishes the Memphis Flyer
, but this time as its CEO.
The selection came after a national search by recruitment firm DHR International and was approved unanimously by DMC board members.
"Jennifer has the skillset needed to succeed in this job and her qualifications rose above all, including several national candidates," said DMC board chairman Carl Person. "We feel very fortunate to have retained her in this role."
Oswalt is a certified public account with a background in accounting, human resources, and business management. She is a native Memphian and a graduate of the Haslam College of Business at the University of Tennessee. Oswalt serves on the board of the Women’s Foundation for a Greater Memphis, most recently as co-chair.
“I am honored to have the opportunity to serve the DMC and our community in this role," Oswalt said. "I believe a strong, vibrant, and connected Downtown can be a catalyst for change and growth across our entire region and I am looking forward to diving into the work.”