New Orleans businessman Henry L. Coaxum, Jr., has been elected to serve as the next chairman of the Business Council of New Orleans and The River Region, a lobbying group for business interests in the region.
He will start the two-year term in the New Year, replacing Joseph Exnicios, president of Hancock Whitney Bank.
Coaxum is the owner/operator of three McDonald’s restaurants in New Orleans, as well as having interests in New Orleans International airport concessions, including Munch Factory, Cure and Chili’s. He is also a past chairman of the New Orleans Business Alliance, the city’s economic development agency.
“Henry brings remarkable leadership, experience, and commitment to the Business Council’s core mission of engaging diverse stakeholders to shape public policies and implement clear, predictable laws that foster honest and accountable government,” said Exnicios, in a statement released by the council.
In addition to the Business Council, Coaxum’s past and present board positions include the New Orleans Museum of Art, Audubon Nature Institute, New Orleans & Company, GNO Inc., National World War II Museum, University of New Orleans Foundation, New Orleans African American Museum, Greater New Orleans Sports Foundation, Committee of 100 Louisiana, 100 Black Men of New Orleans, United Way, Louisiana Arts Works, Louisiana Restaurant Association Self Insurers Fund and the City’s Hospital Service District A Board that oversaw the redevelopment of the New Orleans East Hospital.
The co-Vice Chairs of the council next year will be Alden McDonald, who is President and CEO of Liberty Bank and Trust Company, and Vanessa Brown Claiborne, President and CEO of Chaffe & Associates.
Other officers include Justin Augustine, of Transdev Services, as Secretary and Lee Anne Sciambra, of KPMG, as treasurer.