Veitch to Serve as CEO of Saratoga County Capital Resource Corporation

Ray O’Conor, Chief Executive Officer; Jeffrey Reale, Chief Financial Officer; and Lori Eddy, Administrative Secretary of the Saratoga County Capital Resource Corporation (SCCRC) were recognized recently by the SCCRC board of directors for their twelve years of service. All three members of the management team will retire from their respective roles at year end 2025.

During their years of service, SCCRC has supported several Saratoga County not-for-profit organizations by issuing more than $400 million in tax exempt bonds for capital projects related to health care, education and affordable housing. The organization provides grants to local not-for-profit organizations as well.

Succeeding O’Conor as CEO will be Matthew Veitch, long time Saratoga County Supervisor from Saratoga Springs. O’Conor chose not to run for reelection this year. Michael Sharp will serve as the new CFO and Katherine Tiedemann has been appointed to the position of Administrative Secretary.

Founded in 2012, The Saratoga County Capital Resource Corporation is a local not-for-profit development company that provides low-interest rate tax-exempt financing, as well as grants, to not-for-profit organizations serving Saratoga County.