Elizabeth Masserang, Regional Manager of Brownfield & Economic Incentive Services at PM Environmental, Inc. (PM) was recently selected as a board member of ACG Detroit.
ACG Detroit, a 400-member chapter of the Association for Corporate Growth, was established in 1984 and includes professionals who invest in middle-market companies and provide advisory services. The group regularly holds professional networking events and educational seminars across the metro Detroit area. ACG Detroit is one of 59 chapters that make up the ACG global organization.
“As a 10-year board member of ACG Detroit, I am so pleased to see the selection of Elizabeth in this highly competitive process for this prestigious position,” said Mike Kulka, CEO of PM.
Masserang joined the PM team eight years ago, after graduating from Michigan State University. In only a few years, she worked her way up from an entry-level research position to Regional Manager in the Economic Incentives Department. In her current role with the firm, she manages approximately 15-20 projects in various stages of predevelopment. She facilitates the approval of various tax incentives including real property tax abatements, Brownfield Tax Increment Financing (TIF), Michigan Community Revitalization Program (MCRP) grant and loan applications, and Department of Environment, Great Lakes and Energy (EGLE) Grant and Loan Assistance.
In addition to joining the board she is simultaneously stepping into the role of Chair for the Next Gen Committee. The Next Gen Committee is a sub-group of ACG Detroit that consists of young professionals under the age of 35 in the Metro Detroit area and focuses on professional growth and development. Masserang previously served as Vice Chair.
“ACG Detroit really helped me build my own network when I was starting off in my career. I’m looking forward to facilitating engagement around how and what type of content we put forward as a committee. As virtual settings have and will continue to be a new norm, that conversation is constantly evolving,” said Masserang.
Board Members are nominated by officers and committee chairs once a year. Each potential board member is then voted on by the nominating committee. Nominations typically occur in individuals who have engaged to-date in the organization and who are active on ACG Detroit committees.
“We find ourselves in such a trying time right now with the pandemic. The local ACG Detroit board has been so engaged and has stepped up, creating content and virtual networking events to help our industries collaborate and navigate the unknown the best we can. I’m honored to be joining this board and helping our organization continue pressing forward,” said Masserang.