Oregon Governor Creates Chief Prosperity Officer and Sets State “Roadmap”

Governor Tina Kotek unveiled “Oregon’s Prosperity Roadmap” and announced the creation of a Chief Prosperity Officer (CPO) position at a press conference.

The strategy is anchored in three goals: to retain and grow Oregon businesses, to spur job creation and to accelerate economic growth. Kotek said it will be advanced through a series of administrative actions and legislation during the 2026 short session. Other than the creation of the CPO position, the plan did not mention any anticipated state funding investment.

She said the roadmap reflects the “collective wisdom” of meetings with hundreds of businesses, organizations and labor and community stakeholders, combined with data and research.

The Governor will work to advance these goals through a series of administrative actions and legislation during the 2026 session.

“Oregon’s foundation for economic prosperity is extraordinary. Now we must bring our full potential to bear, working together to create an economy that works for everyone,” Governor Kotek said. “By uniting around a statewide vision and coordinating our talents and assets, we can ensure Oregon doesn’t just keep up but leads in sustained economic growth.”

The next steps in the Governor’s Roadmap split into six categories:

  1. Recruit additional leadership and expertise to execute and further develop initiatives: The Governor announced a new role within the Governor’s Office, the CPO, and an Oregon Prosperity Council to further support this work.
  2. Take legislative action in 2026: The Governor’s legislative framework includes creating a program to fast-track projects and modernizing current economic development tools.
  3. Cut down barriers to business investment and growth: In addition to legislative action, the Governor will boost investment and growth by leveraging state agencies, prioritizing investments in critical infrastructure, and supporting local economic development efforts.
  4. Explore targeted tax relief for job creation and increased GDP: The CPO and Prosperity Council will develop recommendations for possible legislative action in 2027.
  5. Modernize and strengthen Oregon’s economic development systems: The Governor directed Business Oregon to complete a state economic development strategy.
  6. Strengthen partnerships with business community: A new Global Trade Desk at Business Oregon will grow opportunities for global commerce, strengthen long-term trade partnership, and promote Oregon as a destination for foreign investment. The Governor will also enhance business outreach and direct agencies to prioritize economic development in their work.

 

Posted in Advocacy on the Move, Oregon Advocacy.