TEDCO Announces the FY26 Board of Directors

Executive officers and new board members announced for next fiscal year

COLUMBIA, Md., June 3, 2025 /PRNewswire/ -- TEDCO, Maryland's economic engine for technology companies, announced the slate of executive officers for the Board of Directors for fiscal year 2026 (FY26). This decision comes after the board's most recent meeting on May 22, 2025.

The slate of the FY26 executive officers includes:

• Chair: Ellen Flowers-Fields, College of Southern Maryland
• Vice Chair: Kathie Callahan Brady, Frederick Innovative Technology Center, Inc. (FITCI)
• Secretary: Thomas Bundy, Lawrence & Bundy
• Treasurer: William Roberts, Significance, Inc.
• Assistant Treasurer: Eben Smith, Three|E Consulting Group
• Immediate Past Chair: Omar Muhammad, Morgan State University

"Over the years, I have been able to see the continued growth of Maryland's ecosystem thanks to the work TEDCO does. As the board chair this past year, I am excited to say that the organization's trajectory has not deviated," said Flowers-Fields. "Continuing in this position, I am excited to resume guiding the organization's efforts to create a more equitable and sustainable innovation ecosystem across the state."

As one of Pitchbook's top 20 venture capital investors in the Mid-Atlantic region, TEDCO is making an impact, driving collaboration and encouraging diversity. With the results of this most recent election, the FY26 board is perfectly situated to continue supporting Maryland's growth. Complete with members hailing from across the state – from rural Western Maryland to Baltimore City to the Eastern Shore – and an array of backgrounds, industries and expertise, the organization looks toward the future, thinking of new ways to continue the momentum and create another year of growth for the State's entrepreneurial innovation ecosystem.

"TEDCO's Board of Directors continues to bring invaluable expertise and influence to the organization, allowing us to conclude another year with successful growth," said TEDCO CEO, Troy LeMaile-Stovall. "Such collaboration and guidance are essential for continuing our efforts to offer resources and opportunities to entrepreneurs throughout the state's ecosystem, building up a sustainable, diverse, equitable and merit-driven environment that will allow us to thrive. Together, I am confident we can follow the example of the Moore administration and make this Maryland's decade."

TEDCO is managed by a 19-member board of directors, 14 of whom are appointed by the Governor, two appointed by the President of the Maryland Senate, and two appointed by the Speaker of the Maryland House of Delegates – each to staggered four-year terms. The 19th member is the Maryland Secretary of Commerce, who serves ex officio. Each member appointed by the Governor is confirmed by the Senate.

TEDCO's full board of directors includes: Chair, Ellen Flowers-Fields, College of Southern Maryland; Vice Chair, Kathie Callahan Brady, FITCI; Secretary, Thomas Bundy III, Lawrence & Bundy; Treasurer, William Roberts, Significance, Inc.; Assistant Treasurer, Eben Smith, Three|E Consulting Group; Immediate Past Chair, Omar S. Muhammad, Morgan State University; Rondall Allen, University of Maryland Eastern Shore; John Bohanan, Cornerstone Government Affairs; Nona Minnifield Cheeks, Innovatyr, LLC; Harry Coker, Jr., Maryland Department of Commerce; Clifford Coppersmith, Chesapeake College; Linda Cureton, Muse Technologies, Inc.; Andrew Serafini, Wealth Enhancement Group; Chung Hei Sing, Applied Derivative Research; Phillip Singerman, Montgomery County Economic Development Corporation; David Tohn, BTS Software Solutions; and Robert Wells, Baker Donelson. 

About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contact
Tammi Thomas, Chief Development & Marketing Officer, TEDCO, [email protected] 
Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, [email protected] 

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SOURCE TEDCO