Montgomery County economic development chief Ben Wu stepping down

Ben Wu is resigning as CEO of the Montgomery County Economic Development Corp., a publicly-chartered nonprofit in the region’s second largest locality and one of Maryland’s economic powerhouses.

Details remain unclear. An Aug. 3 press release said only that Wu gave his resignation, effective Aug. 15, and that Bill Tompkins, the agency’s chief operating officer, will take the helm.

Wu declined to comment.

“We thank Ben for his service and his dedication and life-long commitment to Montgomery County,” Kevin Beverly, the organization’s board chair, said in a statement. “We are confident that Bill’s leadership, business acumen, and reputation as a strong and well-respected collaborative business partner will help to ensure a smooth and seamless transition and advance the organization to the next level.”

Tompkins, a Montgomery County resident of more than three decades, is presently the EDC’s executive vice president and chief operating officer. He’s previously served…

Read the full story from the Washington Business Journal.
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