Boschulte tapped as new USVI tourism secretary

Joe Boschulte has been nominated as commissioner of tourism for the U.S. Virgin Islands.

He would replace Beverly Nicholson-Doty who stepped down from the post following elections last November.

Boschulte formerly served as president and CEO of the West Indian Company, where he mobilized a public bond offering of $79 million to raise funds for capital projects for the Virgin Island Water and Power Authority and developed a retirement system for government employees.

He also served in executive banking positions in Atlanta, Charlotte, N.C., and New York City.

Confirmation hearings before the Virgin Islands legislature will be held in the coming weeks.

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