Amid the worst recession in decades, the Governor's Third Annual Economic Summit convenes Monday.

The theme this year is "Utah a State of Opportunity," changed from the one first conceived for the event, "Managing the Growth" that referred to Utah's once booming economy.

Ed Catmull, the president of Walt Disney and Pixar Animation Studios, and Gov. Jon Huntsman Jr. headline the speakers at the Economic Summit.

Huntsman's luncheon address will focus on "the state of opportunity" that exists in Utah despite the nation's economic troubles, and will encourage entrepreneurs continued involvement in the state, said spokeswoman Lisa Roskelley.

Catmull, who holds a Ph.D. from the University of Utah, will speak about 8:30 a.m. during the conference's opening session. Also speaking are Jason Perry, executive director of the Governor's Office of Economic Development, and Wells Fargo economist Kelly Matthews, who will speak on "The Economy of Utah and What the Stimulus Means to the State."

The summit is aimed at fostering new business development and sharing knowledge about strategic thinking and other business concerns. Topics of panel discussion include business innovation, law, entrepreneurship and economic development.

Breakfast and lunch is provided. The event ends with a 3:15 p.m. reception.