| Tim LizuraPresident and CEO, New Jersey Economic Development AuthorityLizura is responsible for the day-to-day operations of the New Jersey Economic Development Authority. He ensures production efficiency, quality and service, and implements practices, policies, and procedures that allow for maximum utilization of the authority’s assets.For the EDA, he was a member of the Fort Monmouth Economic Revitalization Planning Authority, and as a non-voting designee to the South Jersey Transportation Authority. In addition, he was the interim executive director for the Fort Monmouth Economic Redevelopment Authority during its formation in 2010. Lizura previously served as director of World Trade Center Redevelopment/deputy director of redevelopment at the Port Authority of NY & NJ, and oversaw all redevelopment activities for the commercial interests of the World Trade Center site in lower Manhattan. He spent four years with the Federal Deposit Insurance Corporation (FDIC), where his responsibilities ranged from leading bank seizure teams to overseeing the portfolio sale of $300 million in loan assets.
Describe your typical morning routine. I’m up by 5:30, I exercise for an hour, then enjoy some coffee and a healthy breakfast. I’m in the office by 8 a.m., where I look at the day’s headlines and have another cup of coffee.
How do you wind down at the end of a busy day or week? It has been my hobby for the past 10 years or so to make my own wine. At the end of the day, I enjoy a glass of my own handcrafted wine.
What is the best part of your job? At my core, I am a problem solver. At the EDA, I like to solve problems that may stand in the way of a business expanding, creating jobs, or moving to New Jersey.
What is a perfect day? I enjoy getting out in the field. A perfect day would be spent enjoying time with EDA staff as we work with a company—and learning about what the company does, its needs, and how we can help it to invest in New Jersey.
Most people don’t know that — For all but two years, all of my educational and professional life has been spent here in New Jersey.
If you could learn any skill, what would it be? I would love to be able to play the piano.
What is your biggest pet peeve? When people take bits of information to draw conclusions without knowing the whole story.
What is the most valuable lesson you have learned in business? Partners succeed together, not as individuals.
What are characteristics of a successful professional in your field? Someone who is a good listener, someone who is witty, and also has sharp intellect.
Stranded on a desert island, name three items you need to survive. Wine, a laptop with WiFi, and chocolate chip cookie dough.
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Ask A Busy Person: Tim Lizura
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