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CROET president tells Oak Ridge story on national podcast

Posted at 10:38 am February 21, 2022
By Oak Ridge Today Staff Leave a Comment

Teresa Frady

Teresa Frady, president of the Community Reuse Organization of East Tennessee, is the Spotlight Interview guest on this week’s episode of the Gone Fission Nuclear Report podcast, which covers U.S. Department of Energy environmental management activities around the nation.

Hosted by Michael Butler, the episode is available on all podcast platforms and can be accessed at www.gonefissionpodcast.com, a press release said.

Frady shared with Butler’s listeners CROET’s mission to help DOE transition underused assets such as land, buildingsm and equipment to private sector companies at the East Tennessee Technology Park, also known as the Heritage Center. She recently replaced Lawrence Young, who had served as CROET’s president and chief executive officer since its founding in 1995.

“Our partnership with DOE in transferring federal land helps the region with creation of quality jobs but also adds the property to Roane County and City of Oak Ridge tax rolls,” she said in the press release. “This helps the communities and saves the federal government money since DOE no longer has to maintain those assets.”

[Read more…]

Filed Under: Business, East Tennessee Technology Park, Front Page News, Oak Ridge, Oak Ridge Office of Environmental Management, Roane County, Top Stories, U.S. Department of Energy Tagged With: Community Reuse Organization of East Tennessee, CROET, DOE, East Tennessee Technology Park, ETTP, Gone Fission Nuclear Report, Heritage Center, Michael Butler, Spotlight Interview, Teresa Frady, U.S. Department of Energy

Frady named CROET president, CEO

Posted at 10:29 am February 1, 2022
By Oak Ridge Today Staff Leave a Comment

Teresa Frady

Teresa Frady has been named president and chief executive officer of the Community Reuse Organization of East Tennessee.

CROET is a regional economic development nonprofit organization that helps find new uses for U.S. Department of Energy facilities and property, including at sites that are no longer used or needed. The goal is to spur private development and create jobs.

Frady’s appointment was announced during the January meeting of the CROET Board of Directors. She replaces Lawrence Young, who is retiring after serving more than 26 years as CROET’s president and CEO.

“I am so pleased that Teresa has accepted the challenge of leading CROET into its next phase,” Young said in a press release. “Teresa has been an integral part of the success of the organization, and I am confident that she, as my successor, will enhance upon the legacy established by the organization’s founders.”

Frady began her career with CROET 22 years ago, the press release said. She has risen through the ranks with increasing responsibility by serving in such roles as account manager, accountant, chief accountant, chief operating officer, and executive director.

[Read more…]

Filed Under: Anderson County, Business, CROET, Front Page News, Oak Ridge, Roane County, Top Stories, U.S. Department of Energy Tagged With: Community Reuse Organization of East Tennessee, CROET, East Tennessee Technology Park, Heritage Center, K-25 site, Kairos Power, Oak Ridge, Oak Ridge National Laboratory, pilot fuel manufacturing, Roane County, Teresa Frady, test reactor, U.S. Department of Energy, Ultra Safe Nuclear Corporation

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