The board of directors of the Sherman Economic Development Corp. will elect new officers during its regular meeting Tuesday at noon at the SEDCO office, 307 W. Washington St., Suite 102.

Before the election of the board’s new officers, there will be a recognition of outgoing board members John Sild, who is currently the board’s chairman, and Greg Kirkpatrick, who is a former chairman of the board. Following the election of the new officers for the 2018-2019 fiscal year, the board will go into a closed, executive session to discuss 10 economic development projects and real property on five other projects.

The board will also discuss personnel matters during the executive session, which may be related to the ongoing search for a new president, following the retirement of former President John Plotnik earlier this year.

Following the executive session, the board will return to an open meeting to take any actions deemed necessary and to receive an economic barometer report and business retention and expansion update from SEDCO staff.