Albuquerque Regional Economic Alliance Names New President & CEO

Chad Matheson takes the helm of the regional economic development organization.

Apr. 1, 2026 at 7:43pm

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The Albuquerque Regional Economic Alliance (AREA), a leading economic development organization in New Mexico, has announced the appointment of Chad Matheson as its new President and Chief Executive Officer. Matheson will be responsible for overseeing the alliance's efforts to attract new businesses, support existing companies, and drive economic growth in the Albuquerque metropolitan area.

Why it matters

AREA plays a crucial role in shaping the economic future of Albuquerque and the surrounding region. Matheson's leadership will be instrumental in guiding the organization's strategies to foster job creation, business investment, and overall economic prosperity in the city.

The details

Chad Matheson brings extensive experience in economic development, having previously served in senior roles at regional development agencies in other parts of the country. In his new position, Matheson will be responsible for leading AREA's initiatives, including business attraction, retention, and expansion efforts, as well as workforce development programs and community engagement.

  • Matheson's appointment as AREA's new President and CEO was announced on April 1, 2026.

The players

Albuquerque Regional Economic Alliance

A leading economic development organization in New Mexico, focused on attracting new businesses, supporting existing companies, and driving economic growth in the Albuquerque metropolitan area.

Chad Matheson

The newly appointed President and Chief Executive Officer of the Albuquerque Regional Economic Alliance, bringing extensive experience in economic development from previous roles at regional development agencies.

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What’s next

Matheson is expected to begin his new role at AREA in the coming weeks, where he will work closely with the organization's board and stakeholders to develop and implement strategies to drive economic growth in Albuquerque.

The takeaway

The appointment of Chad Matheson as the new President and CEO of the Albuquerque Regional Economic Alliance signals a renewed focus on leveraging the city's assets and resources to attract new businesses, support existing companies, and foster a thriving local economy.