Dallas, TX
Unanimous Decision: Dallas Economic Development Corporation Confirms Linda McMahon as First CEO
Linda McMahon, a powerhouse in the real estate industry, has been named the inaugural CEO of the Dallas Economic Development Corporation (DEDC) in a unanimous decision this week. McMahon is poised to steer the organization starting July 1, 2024.
The decision follows a six-month nationwide search and McMahon’s nomination as the sole finalist for the position on May 3, 2024, as reported by multiple news outlets.
John Stephens, president of the Dallas EDC board of directors and retired chief financial officer at AT&T, praised McMahon’s appointment. “Linda McMahon’s depth of experience and strategic approach to economic development align perfectly with Dallas EDC’s mission,” he said in a statement. “Her visionary leadership is exactly what we need to propel Dallas into a new era of economic prosperity.”
Currently, McMahon serves as the president and CEO of The Real Estate Council (TREC), where she will end her more than 13-year tenure on June 30, 2024, before transitioning to the new role. The DEDC, established as a nonprofit in January 2022, aims to bolster local businesses, stimulate economic growth, and enhance infrastructure in Dallas, including a focus on the city’s Southern sector. Operating independently from the city government, the DEDC can act as a public developer by purchasing, selling, and leasing land for projects.
Stephens expressed confidence in McMahon’s ability to lead the DEDC’s mission, calling her “an ideal fit” for the role. McMahon was among the 15 inaugural board members of the DEDC, appointed by the Dallas City Council in August 2022. The board comprises attorneys, bankers, former elected officials, and leaders from various sectors.
After the May 7 confirmation, she took to LinkedIn to share her excitement about the role: McMahon said she appreciates “the confidence the Board of Directors has shown in me to lead this crucial effort in transforming the City of Dallas into the epicenter of business growth and opportunity.”
In an interview with Candys Dirt—which calls McMahon a “force to be reckoned with”—the incoming CEO also emphasized the EDC’s focus on business growth and development.
“The EDC was created to attract businesses and to grow business in the City of Dallas and to be the public developer of real estate for the City of Dallas,” McMahon said. “That business attraction, that engagement, and identifying opportunities to grow our tax base with new businesses is our No. 1 priority.”
The publication also highlighted optimism from community leaders, including Dallas Mayor Pro Tem Tennell Atkins and District 1 Councilman Chad West, about McMahon’s potential impact. Atkins noted, “Her leadership at the Dallas EDC signifies a promising future for Southern Dallas,” adding, “Her deep-rooted relationships and commitment to community development, her capacity to drive significant change, and her prowess in attracting impactful business investments are exactly what Dallas requires.”
During her tenure at TREC, McMahon led major community investment initiatives, fundraising efforts, advocacy campaigns, and leadership development programs that significantly bolstered the commercial real estate sector and economic growth in Dallas. Noteworthy projects include the $3 million Dallas Catalyst Project in the Forest District and the establishment of the Dallas Collaborative for Equitable Development. McMahon also played a critical role in the region’s Amazon HQ2 pitch, from the initial response to the detailed Dallas bid.
Following McMahon’s departure from TREC and until a new CEO is selected, Summer Loveland, TREC’s CFO/COO, will serve as its interim CEO. TREC board chairman Mike Geisler emphasized that the organization’s solid foundation and deliberate preparation ensures TREC will “evolve smartly and will remain deeply impactful and influential well into the future.”
In an announcement, Geisler praised McMahon’s “tireless advocacy” for the real estate industry locally and at the state level. He added: “We are at a time of real opportunity in Dallas, and we are confident that Linda’s dedicated service and deep knowledge of our city will help Dallas continue to grow and prosper well into the future.”
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Dallas, TX
Utah hosts Los Angeles after overtime win against Dallas
Los Angeles Lakers (18-7, third in the Western Conference) vs. Utah Jazz (10-15, 10th in the Western Conference)
Salt Lake City; Thursday, 9 p.m. EST
BETMGM SPORTSBOOK LINE: Lakers -6.5; over/under is 241.5
BOTTOM LINE: Utah hosts the Los Angeles Lakers after the Jazz took down the Dallas Mavericks 140-133 in overtime.
The Jazz are 6-11 in conference matchups. Utah allows the most points in the Western Conference, giving up 126.1 points and is allowing opponents to shoot 48.8%.
The Lakers have gone 13-5 against Western Conference opponents. Los Angeles has a 5-0 record in one-possession games.
The Jazz are shooting 45.8% from the field this season, 2.3 percentage points lower than the 48.1% the Lakers allow to opponents. The Lakers are shooting 50.4% from the field, 1.6% higher than the 48.8% the Jazz’s opponents have shot this season.
The teams meet for the third time this season. The Lakers won 108-106 in the last matchup on Nov. 24. Luka Doncic led the Lakers with 33 points, and Keyonte George led the Jazz with 27 points.
TOP PERFORMERS: Lauri Markkanen is scoring 27.8 points per game with 7.0 rebounds and 2.1 assists for the Jazz. George is averaging 37.0 points and 5.0 rebounds while shooting 55.0% over the past 10 games.
Doncic is averaging 34.7 points, 8.7 rebounds, 8.8 assists and 1.5 steals for the Lakers. LeBron James is averaging 26 points, four assists, two steals and two blocks over the last 10 games.
LAST 10 GAMES: Jazz: 5-5, averaging 119.1 points, 44.2 rebounds, 30.1 assists, 7.2 steals and 3.4 blocks per game while shooting 46.8% from the field. Their opponents have averaged 126.1 points per game.
Lakers: 7-3, averaging 118.8 points, 42.4 rebounds, 23.6 assists, 6.0 steals and 5.4 blocks per game while shooting 49.3% from the field. Their opponents have averaged 118.9 points.
INJURIES: Jazz: Georges Niang: out (foot), Jusuf Nurkic: day to day (rest), Walker Kessler: out for season (shoulder).
Lakers: Maxi Kleber: day to day (back), Austin Reaves: out (calf).
___
The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.
Dallas, TX
Packers star Micah Parsons heads to Dallas while awaiting ACL surgery
Packers coach Matt LaFleur updates on injuries ahead of Bears rematch
The Green Bay Packers had a number on injuries in the Broncos game, including Micah Parsons’ season-ending ACL injury. Matt LaFleur has latest on them.
GREEN BAY – Packers edge rusher Micah Parsons won’t be with the team as he awaits surgery on his torn left ACL.
But it’s for a good reason.
“He’s about to have another child here pretty quick,” Packers coach Matt LaFleur said Dec. 16 in his press conference.
Parsons has a home in the Dallas area and has returned there for the birth of his third child. He has not had surgery on his knee and LaFleur said he did not have a timeline on when that might occur.
Typically, doctors allow swelling to go down before they operate to repair the ligament, and so it’s possible surgery hasn’t been scheduled.
Parsons tore his ACL late in the third quarter of the Packers’ 34-26 loss to the Broncos on Dec. 14. Tests confirmed the injury Dec. 15.
LaFleur said he didn’t know if Parsons would have the surgery in Dallas.
As for the rest of the season, LaFleur said he thought Parsons would be around to support his teammates once his child is born and his medical situation is settled.
“He’ll be around, for sure,” LaFleur said.
Dallas, TX
City Hall’s future is an opportunity for its leadership
Recent activities reminded me of a simple roadmap I laid out in these pages (Aug. 31, 2025, “Lessons from George W. Bush, his institution”) for effective leadership: providing safety, security, solvency and sanity.
In short, great leadership should provide physical safety for those being led and the security that they can trust the institutions to govern intelligently and with their best interests at heart, while ensuring both the financial solvency of the enterprise and the sanity to keep the place focused optimistically on the future.
Good leadership should do what it is strong at and be intellectually honest to own up to what it does not do well. Then, it should simply stop wasting time on those things outside its core competency. As my former boss was prone to pointing out — a government should do fewer things, but do them well!
As it relates to the current debate over the future of Dallas City Hall, applying these basic principles is instructive as the issue touches each of these priorities.
Our city government should exit the real estate business, since it is clearly not its core competency, especially given its record of mismanagement of City Hall over the years as well as other well-documented and costly recent real estate dalliances. It is time to own that track record and begin to be better stewards of taxpayer money. Plus, given the large vacancies in existing downtown buildings, relocating city functions as a renter will be much more economical.
The definition of insanity is to do the same thing and expect different results. Thinking that the city will be able to remediate City Hall’s issues in a permanent and economically feasible way is naïve. It is time for sanity to prevail — for the city to move on from an anachronistic building that is beyond repair, returning that land to the tax rolls while saving both tenancy costs and reducing downtown office vacancies at the same time.
I appreciate that the iconic architect’s name on the building is a city asset and demolition would toss that aside. But our neglect up to this point is evidence that it was already being tossed, just one unaddressed issue at a time. While punting is not ideal, neither is being in the predicament we are in. Leaders must constantly weigh costs and benefits as part of the job and make sound decisions going forward.
We now have an opportunity to demonstrate leadership and apply all of our energy and careful thought to execute on a dynamic plan to activate that part of downtown for the benefit of the next generation. Engaging Linda McMahon, who is CEO of the Dallas Economic Development Corporation, is heartening on this issue given her experience and leadership in real estate.
This is a commercial decision and ignoring economic realities is foolhardy. We have the chance to do something special that future citizens will look back upon and see that today’s leaders were visionary.
I’d like to see the city exercise its common sense and pursue the win-win strategy. By doing so, all Dallas citizens will be more secure knowing that its leadership is capable of making smart decisions, even if it means admitting past mistakes. The first rule when you’ve dug yourself into a hole: “Stop digging!”
It is time for our leaders to lead.
Ken Hersh is the co-founder and former CEO of NGP Energy Capital Management and former CEO of the George W. Bush Presidential Center.
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