MARYLAND ECONOMIC DEVELOPMENT CORPORATION

DEFUNCT UNITS


ASSET MANAGEMENT
Combined with Compliance to become Asset Operations and Compliance Management by Aug. 2025.

BOND FINANCING
Renamed Financing.

CHIEF OF STAFF
Renamed Chief of Staff and Executive Vice-President by June 2026.

COMMUNITY DEVELOPMENT
Renamed Advisory and Consultancy Services by July 2026.

COMPLIANCE
Combined with Asset Management to become Asset Operations and Compliance Management by Aug. 2025.

DEVELOPMENT
Renamed Real Estate Development & Construction.

FINANCE
Renamed Accounting and Finance by July 2026.

FINANCING
Renamed Project Financing by July 2026.

OPERATIONS

PEOPLE, CULTURE, & OPERATIONS
Renamed Administration by July 2026.

PORTFOLIO & PERFORMANCE
Functions assigned to Senior Asset Operations Manager and moved under Asset Operations and Compliance Management by July 2026.

PROJECT & PROGRAM DEVELOPMENT
Renamed Program Development by July 2026.

PROJECT & PORTFOLIO MANAGEMENT
Discontinued by Aug. 2025.

PROJECT COMPLIANCE
Functions assigned to Compliance Manager and moved under Asset Operations and Compliance Management by July 2026.

SPECIAL PROJECTS

STRATEGIC PARTNERSHIPS & INNOVATION
Functions assigned to Director of Innovation and Strategic Partnerships and moved under Advisory and Consultancy Services by July 2026.

WORK GROUP TO STUDY THE FEASIBILITY OF BUILDING A MULTI-SPORT STADIUM
Staff: John Genakos (410) 625-3983; e-mail:
j_genakos@medco-corp.com

Appointed by Senate President: Douglas J. J. Peters

Appointed by House Speaker: Jay Walker

Appointed by Maryland Economic Development Corporation: John Genakos

Appointed by Maryland Stadium Authority: L. Albert Tyler, Jr.

Appointed by Prince George's County Executive: David S. Ianucci

Appointed by Prince George's County Council: Derrick L. Davis; Sydney J. Harrison (alternate).

Appointed by Maryland-National Capital Park & Planning Commission: Ronnie Gathers

In June 2014, Maryland Economic Development Corporation, with Maryland-National Capital Park and Planning Commission, was asked by General Assembly's budget committees to convene Work Group to Study Feasibility of Building a Multi-Sport Stadium (Chapter 463, Acts of 2014).

Work Group reviewed plans to construct a multi-sport stadium near or within Green Branch Athletic Complex in northeastern Prince George's County. Further, Work Group recommended financing options for such a stadium and potential uses for existing facility.

In May 2015, Work Group submitted its report to General Assembly's budget committees.

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