PROVIDENCE, R.I. (AP) — Gov. Lincoln Chafee on Monday nominated a former executive director of Rhode Island’s economic development agency from the 1990s to lead it again as it rebuilds after a disastrous loan guarantee to former Boston Red Sox pitcher Curt Schilling’s now-bankrupt video game company.

Chafee announced he had picked Marcel Valois for a second stint at the helm of the troubled Economic Development Corp. Valois served in the same role from 1995 to 1997 under former Republican Gov. Lincoln Almond.