Former U.S. Rep. Bob Etheridge has a new job.
Gov. Beverly Perdue said Tuesday she has appointed the Democrat to oversee North Carolina's share of the federal stimulus program. Etheridge replaces Dempsey Benton, who departed his position at the Office of Economic Recovery and Investment in November.
Money will go through the program through at least 2012, but nearly 80 percent of the recovery funds have already been spent. Etheridge will oversee how the money is dispersed and make sure projects under contract are getting done.
Etheridge was ousted from Congress in November by Republican challenger Renee Ellmers. He will earn a salary of almost $100,000 per year in his new job.