Montgomery County Hires New Economic Development Chief

Montgomery County Economic Development Corp. CEO Benjamin Wu
Business Wire/Montgomery County Economic Development Corp.
Montgomery County Economic Development Corp. Ceo Benjamin Wu

A top official from Maryland's Department of Commerce will soon lead Montgomery County's economic development efforts.

The Montgomery County Economic Development Corp. announced Wednesday that Benjamin Wu will become its new president and CEO starting Dec. 18.

The hire comes after David Petr, who has led the organization since its inception in 2016, announced in May that he would step down in September. Bill Tompkins has served as interim president and CEO. The organization is a public-private partnership tasked with recruiting and retaining businesses to promote the county's economic growth.

Wu currently serves as the deputy secretary and chief operating officer of the Maryland Department of Commerce. The Montgomery County native has sat on MDEDC's board since it was created. He also previously held roles in the U.S. Department of Commerce under President George W. Bush and worked as an aide to former Rep. Connie Morella, who represented Montgomery County in Congress.

"I am committed to the county’s success," Wu said in a release. "Not too many people get the chance to meaningfully change and shape the future of where they live and grew up. I thank the MCEDC Board for this unique opportunity."

The hire is the latest in a series of changes at the top of economic development groups in the D.C. region. Victor Hoskins in July was named CEO of the Fairfax County Economic Development Authority, leaving the top position at Arlington Economic Development. Christina Winn also left AED this year to lead Prince William County's economic development group. Brian Kenner this summer left his role as D.C.'s Deputy Mayor for Planning and Economic Development to join Amazon. In December 2018, David Iannucci replaced Jim Coleman as the CEO of Prince George's County Economic Development Corp.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

How Crystal Lake 'Connects The Dots' To Building Complete Community

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Northern Virginia Office Tower Sells For Double Its 2024 Price

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Tishman Speyer Seeks $92M Tax Break For Next Hudson Yards Office Tower

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Future White Sox Owner Advances Push To Build New Riverside Stadium

Pennsylvania Avenue Office Sells For Repositioning: The D.C. Deal Sheet

Republican Midterm Convention Could Fill More Than 5,000 Hotel Rooms In Dallas

Georgetown Waterfront Office-To-Condo Conversion Lands Financing