In a recent move aimed at bolstering workforce development efforts statewide, the Healey-Driscoll Administration named Molly Jacobson as the President and Chief Executive Officer of Commonwealth Corporation. Previously, Jacobson served as a Partner in the Public Sector practice of Boston Consulting Group. During her tenure there, she significantly influenced economic and workforce development projects throughout the state. Consequently, her selection came after a thorough search process.
“Molly Jacobson brings tremendous experience, demonstrating a track record of executing on important work to strengthen workforce development programming and partnerships in Massachusetts,” said Governor Maura Healey. “As we look to build on Commonwealth Corporation’s history as a leader in workforce development and meet this moment, we are confident Molly will foster equitable workforce solutions. We’re proud to welcome her to Team Massachusetts.”
Unanimous Board Approval for Molly Jacobson
The Commonwealth Corporation Board of Directors, chaired by Executive Office of Labor and Workforce Development (EOLWD) Secretary Lauren Jones, held a meeting earlier this month. During this gathering, they unanimously voted to bring Jacobson onboard. This decision was based not only on her vast experience but also on her proven track record of enhancing workforce development programs and collaborations in Massachusetts.
“I am excited to work with Molly Jacobson in her new role as Commonwealth Corporation President and CEO. She will be an incredible add to the organization and I look forward to continued collaboration with CommCorp under her leadership on the priorities of the Workforce Skills Cabinet, including expanding pathway programs in our high schools, increasing access to CTE education, and a continued collaboration on reskilling and upskilling workforce training programs and other education opportunities that support the Commonwealth’s economy.”
Secretary of Education Dr. Patrick Tutwiler
Commonwealth Corporation’s Vital Role
Established as a quasi-public agency within the EOLWD, Commonwealth Corporation’s mission is clear and crucial. The organization strives to guarantee that Massachusetts businesses benefit from a steady stream of highly trained professionals. Meanwhile, it ensures that both young and adult residents have clear pathways to secure promising jobs in the knowledge economy.
Additionally, Commonwealth Corporation is renowned nationally for its prowess in crafting industry sector partnerships. These collaborations, tailored to the specific needs of employers in distinct sectors, lead to the development or enhancement of training programs for occupations in demand.
Molly Jacobson’s Impressive Background
Jacobson’s professional journey uniquely positions her for this pivotal role. In recent years, she has worked closely with Commonwealth Corporation on numerous initiatives aimed at bolstering workforce planning and training. Additionally, she has supported state leaders in the effective utilization of the $250M+ federal American Rescue Plan Funding for workforce development.
Among her notable achievements, Jacobson played an instrumental role in the creation of the Massachusetts Healthcare Workforce Collaborative in 2019. This initiative, a fusion of public and private efforts, specifically targets the growing labor shortages in Massachusetts’ healthcare sector.
Furthermore, Jacobson possesses an impressive educational background, holding a Masters in Public Policy from the Harvard John F. Kennedy School of Government. She also earned a Masters in Business Administration from Harvard Business School.
“I’m grateful to Governor Healey, Lieutenant Governor Driscoll, and Secretary Jones for placing their faith in me. I’ve been lucky to work alongside Commonwealth Corporation in recent years, applying a strategic lens to promote workforce and economic development across Massachusetts,” said Molly Jacobson. “I am honored now to roll up my sleeves and to dive deeper with Comm Corp’s staff and partners to advance meaningful employment and upward mobility for all.”
Expectations and Aspirations
Jacobson’s appointment is expected to amplify the efforts of Commonwealth Corporation in delivering equitable workforce solutions. With her at the helm, the organization anticipates fostering meaningful employment opportunities and promoting upward mobility for all residents of Massachusetts.
Massachusetts aims to construct a more diversified workforce that can drive both business and regional economies forward, Jacobson’s leadership seems primed to make a significant impact. The state eagerly awaits the advancements and developments that will unfold under her guidance.
“Molly is a terrific hire for this important leadership position. Her experience, knowledge and understanding of the Commonwealth’s workforce development environment, and familiarity with Comm Corp made her stand out to the search committee. I look forward to working with Molly as she brings a fresh perspective and energy to the important work of the agency.”
Oswald Mondejar, President of Mucho Gusto Consulting & Vice Chair of Commonwealth Corporation Board
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