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MassDevelopment Adds Bran Shim as New CFO

Barchart·08/10/2026 17:06:13
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MassDevelopment announced that Bran Shim has joined the agency as EVP and CFO. Shim will serve as a member of the agency’s executive team and provide enterprise-wide financial leadership and stewardship, including oversight of all financial and accounting functions for the agency. 

“Bran Shim has spent more than a decade helping strengthen the Commonwealth’s financial foundation through thoughtful public finance leadership,” said Economic Development Secretary Eric Paley, who serves as chair of MassDevelopment’s Board of Directors. “His experience and commitment to public service will help ensure MassDevelopment continues to be a strong partner in advancing economic growth, supporting communities, and expanding opportunity across Massachusetts.”


Shim comes to MassDevelopment from the Massachusetts Executive Office for Administration and Finance, where he has served as senior advisor, assistant secretary and state budget director, and finance director. He is also an adjunct lecturer in public policy at the Harvard Kennedy School, where he focuses on financial management and urban policy.

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