Cabinet Secretary Fred MondragÓn
Governor Bill Richardson appointed Fred Mondragón Cabinet Secretary Designate of Economic Development in May of 2007. Mondragón comes to the Department from the Office of Economic Development, City of Albuquerque, where he led such visionary projects as a sustainable economic development plan and a technology summit. As director of this organization, Mondragón participated in the recruitment or expansion of Verizon Wireless, Eclipse Aviation, Advent Solar, and Albuquerque Studios.
Mondragón served three terms in the New Mexico House of Representatives where he represented District 16 in the Albuquerque Valley. During his tenure in the Legislature, he specialized in tax issues, health care concerns, economic development, and higher education.
Mondragón was the founding chairman of the Governor’s Science and Technology Commission. As CEO of Fred Mondragón and Associates, he specialized in technology transfer and changes to federal policies that make it simpler for businesses and government laboratories.
Currently, New Mexico is ranked seventh in the United States for personal income growth, and our state’s unemployment rate is the lowest since 1976 (at 3.1 percent).