Largo, MD - The Prince George’s County Economic Development Corporation (EDC) Board of Directors announced the departure of Jim Coleman as the President and CEO of the EDC. In his place, the Board has selected seasoned economic development expert David Iannucci to take the helm of the EDC. Mr. Iannucci joins the team as a continuation of his extensive work in Economic Development in the County under former County Executive Rushern L. Baker, III. Newly elected County Executive Angela Alsobrooks has expressed her confidence on the EDC Board’s selection of David Iannucci.
“I am very excited that David has agreed to take on this critical role and I applaud the Board for selecting a person with his extensive knowledge and experience,” Alsobrooks said. “His proven track record in economic development at the state and local levels will be a tremendous asset to our team and our citizens. Prince George’s County is the prime location to do business in the region and I know David and his team will be able to keep the businesses we have and attract news ones to the county.”
EDC Board Chair, Orlan Johnson looks forward to a smooth transition to ensure continued productivity in the County’s economic development momentum.
“I would like to thank Jim Coleman for his service to the Economic Development Corporation and for his commitment to Prince George’s County,” said Johnson. “The Board is delighted to bring aboard a seasoned and respected economic development expert like David Iannucci. David is no stranger to Economic Development, having served at both State and local levels. He understands that economic development is a team sport and joins us here at the EDC having played a part of many impactful teams. We’re proud to have Mr. Iannucci as the newest member of the EDC Team!”
Iannucci most recently served Prince George’s County as the Assistant Deputy Chief Administrative Officer under the Baker Administration. There, he oversaw the County’s economic development strategy and economic development organizations. This leadership role focused on business retention, prospect attraction and large development projects. Prior to his work in the County, Mr. Iannucci also served as the Executive Director for the Baltimore County Department of Economic Development, and the Secretary of the Maryland Department of Business and Economic Development (now Maryland Department of Commerce) after an extensive legal career. Mr. Iannucci has stated that his focus will be business retention.
“I am excited about this opportunity to support my home County,” said Iannucci. “I also look forward to supporting the EDC’s work with our great business community. Our business development team will be working diligently to make existing companies know that they are a priority and that we believe in them. Prince George’s County has arrived in economic development and we see tremendous potential across the board from the retail sector to high technology and everything in between.”
Learn more about economic development in Prince George’s County by visiting www.pgcedc.com or calling (301) 583-4650.