[3] The corporation is administered by a secretary and chief executive officer, appointed by the governor with the advice and consent of the Senate.

The current CEO, Melissa "Missy" Hughes, was nominated by Governor Tony Evers in September 2019 and confirmed by the Senate in October 2019.

[12][13] In 2020, WEDC provided nearly $240 million in direct assistance to more than 55,000 small businesses impacted by the COVID-19 pandemic, funded through the federal CARES Act.

[14] WEDC also reallocated $5 million in internal resources to Community Development Financial Institutions for grants to existing loan customers to help with short-term cash flow and to protect jobs and public health during the COVID-19 outbreak.

[15] In 2017, WEDC entered into a contract with Foxconn, Hon Hai Precision Manufacturing, and SIO International (collectively known as Foxconn) to provide up to $2.85 billion in tax credits over a period of 15 years if the company built a $10 billion Generation 10.5 liquid crystal display panel plant and employed 13,000 workers in Mount Pleasant, Wisconsin.