REPORTEDCredible secondary reporting. No primary exists or none was reachable.

Elevate's chief executives across the events in this case: Chris LaMothe was CEO from 2017 until he stepped down in 2022, so he was the chief executive in September 2021 when Elevate told the state it had 'larger than normal returns' and proposed the Growth Fund. Christopher 'Toph' Day succeeded him on July 18, 2022, announced the Growth Fund publicly with Governor Eric Holcomb and Commerce Secretary David Rosenberg in May 2024, and was CEO through the November 2024 side letter, the August 2025 default, and the October 2025 audit. IEDC's senior vice president for entrepreneurship, David Watkins, signed the default letter.

2022-07-18

The document

Document: IBJ, 'CEO LaMothe set to step down at Elevate Ventures' and 'Elevate Ventures taps local entrepreneur Christopher Day as next CEO' (2022); State of Indiana release, May 23, 2024; WISH-TV, Aug 18, 2025
Dated: 2024-05-23
Source: open the primary

Who read it

joe, 2026-09-08, search-level with three consistent outlets; FTI names the 2021 proposer only as 'a former CEO of EV'. All named in their documented roles; no wrongdoing by any of them is alleged.