The IDA’s board of directors and its finance committee meet monthly. The board is comprised of volunteer business and civic leaders who serve three-year terms and are eligible for re-election by the board to a second term. Officer terms are for two years.

The board sets organizational policy, goals, objectives and operational parameters; approves strategic plans, annual plans and budgets prepared by the staff; and ensures that all programmatic, financial and fiduciary responsibilities are fulfilled. Standing committees are By-laws, Executive, Finance, Nominating and Personnel.

Current members of the board are:

Officers
Wilbur Masters, President	Regions Bank
Tim McCartney, President-Elect	McCartney Construction Company
Jimmy Hill, Secretary/Treasurer	Gadsden Tool Company

Directors
Rebecca Crane	Jones, Blair, Waldrup & Tucker
Lacey Crosson-Cornelius	Crosson Feight Agency
Greg Gregerson	Gregerson Foods
Kendall Lowe Hamilton	Devan Lowe, Inc.
Mike Harris	Machine Products Company
Matt Hayes	Riverview Regional Medical Center
Mark Hildebrant	Cintas Corporation
Christy Knowles	Knowles Law Firm LLC
Ralph Lane	Alabama Power Company
Jerry Mizell	Alabama Gas Corporation
Joe Ransaw	Gadsden City Schools
Tony Reddick	Gadsden City Schools
Valerie Richardson	Gadsden State Community College
Mike Shannon	Shannon & Banks

Ex-officio members of the board serve by virtue of their positions or by appointment by the president. In addition to past presidents, they include:

Gregg Bennett	Bevill Manufacturing Technology Center
Gina Marie Byars	Alabama Power Company
Don Causey	Donald W. Causey & Associates PC
Bill Stewart	Intergovernmental Relations Committee, Gadsden City Council
Frankie Davis	Director of Economic and Governmental Affairs, City of Gadsden
Larry Foster	Gadsden Employment Service Office
Kent Henslee	Henslee Robertson Strawn & Sullivan
Sherman Guyton	Mayor, City of Gadsden
Mike McCain	Executive Director, IDA
Lesa Osborn	Commercial Development Authority
Tom Quinn	Chamber of Commerce
Fred Sington, Jr.	Gadsden Airport Authority
Patrick Simms	Etowah County Administrator

Past presidents are:

1985 - 1986    Henry Culp, Jr.
1987 - 1988    Joe Carden
1989 - 1990    Kent Henslee
1991 - 1992    Peter V. Gregerson, Sr.
1993 - 1994    Guy Woodliff
1995 - 1996    Ray Smith
1997 - 1998    Victor B. Ficker
1999 - 2000    William G. Peppenhorst
2000 - 2001   Marsue Lancaster
2001 - 2003   Wayne D. O’Stean
2003 - 2005   Willie Maise
2005 - 2007   John Freeman
2007 - 2009    Wayne Hollar