A former Vermont economic development chief credited with keeping billboards out of the state and creating the state’s captive insurance industry has died.
Elbert "Al" Moulton passed away Sunday. Moulton served as economic development chief under four governors and as the State Republican Party Chair, according to the Burlington Free Press.
In a statement, Governor Peter Shumlin said Moulton left a lasting impact on the way Vermont invites new businesses and people to Vermont while preserving what we treasure about the state.
Shumlin said Moulton essentially created the captive insurance industry, helped establish regional development corporations, brought jobs to the state and kept billboards out.
Moulton is the father of Patricia Moulton Powden, the state’s deputy secretary of the Agency of Commerce and Community Development.
He was 85.