FOR IMMEDIATE RELEASE
**A Legacy of Growth: David Iannucci Concludes Historic Chapter in Prince George's County Economic Development**
LARGO, MD - Prince George's County Economic Development Corporation (PGCEDC) today announces the retirement of President and CEO David S. Iannucci, marking the conclusion of an extraordinary career spanning more than four decades in economic development and public service. Under Iannucci's visionary leadership, Prince George's County has experienced unprecedented economic growth and transformation, including a 10-year span leading all Maryland Counties in job growth and the historic successful bid to relocate the FBI headquarters to Greenbelt, Maryland.
"David Iannucci's impact on Prince George's County's economic landscape has been nothing short of remarkable," said Orlan Johnson, Chair of the PGCEDC Board of Directors. "His strategic vision and unwavering dedication have positioned our County as the premier business destination in the Maryland-DC region. David has been a leader in the economic development arena for the State of Maryland as well as in many major jurisdictions in the state, so we were fortunate to have him at the helm here in Prince George's County."
"Two of the things I most appreciate about David is the vast experience he has brought to the EDC and his incredible understanding of economic development," said Marva Jo Camp, Esq., Vice Chair of the EDC Board of Directors. "His deep knowledge of both policy and practice, combined with his strategic vision and ability to navigate complex economic landscapes has been instrumental in positioning Prince George's County as a premier business destination."
Working with focused leadership from the County Executive and Congressional Delegation, Iannucci's dedication culminated in one of the region's most significant economic development achievements: securing the new FBI headquarters in Greenbelt, Maryland. This landmark victory, years in the making, exemplifies Iannucci's patient, strategic approach to economic development and his ability to bring transformative projects to fruition.
Prince George's County Executive Angela Alsobrooks has worked closely with Iannucci throughout this journey. "It is an honor to acknowledge and congratulate Mr. Iannucci on his retirement. Over the course of his remarkable career, David has left an indelible mark on our community, serving as a steadfast leader and tireless advocate for economic development in our County. He has driven transformative projects that have reshaped our community, including playing a pivotal role in bringing the FBI's new headquarters to Prince George's County. His leadership, vision, and unwavering commitment have been instrumental in creating opportunities for our residents, fostering innovation, and laying the foundation for a brighter economic future. David's impact will be felt for generations to come, and we are deeply grateful for his dedicated service. On behalf of the residents of Prince George's County, I want to extend my heartfelt thanks to David for his outstanding contributions and wish him the very best in this next chapter of his life. His legacy will always be a part of our County's story."
During his tenure, Iannucci led the implementation of the $50 million Economic Development Incentive Fund into a powerful engine for growth, leveraging over $1.1 billion in private sector investments. But beyond the impressive numbers, his impact is best measured in the thousands of Prince George's County residents who now work in the businesses that grew and expanded because of County support.
As Assistant Deputy Chief Administrative Officer under former County Executive Rushern Baker III, Secretary of the Maryland Department of Business and Economic Development, and Executive Director of Baltimore County's Department of Economic Development, Iannucci built a reputation as someone who understood that successful economic development requires both vision and attention to detail. Iannucci also served as Chief Legislative Officer under former Governor William Donald Schaefer.
A graduate of the University of Maryland College Park and the University of Maryland School of Law, Iannucci has always maintained deep roots in the community he serves. As a long-time Prince George's County resident and member of the Maryland Economic Development Association Hall of Fame and Maryland Regional Manufacturing Star, his commitment to the region extends far beyond professional duty.
Iannucci has placed attention on addressing economic mobility, equity in federal spending in the DMV, and Maryland's economic competitiveness. As PGCEDC prepares for this transition, the organization remains committed to advancing its vision of inclusive economic prosperity.
About Prince George's County Economic Development Corporation
PGCEDC's mission is to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity. It is dedicated to strengthening communities through business development and job creation. For more information about Prince George's County Economic Development Corporation's services to local companies, visit www.pgcedc.com.
Media Contact:
Rhett Butler
Marketing & Communications Manager, PGCEDC
240-427-7926
https://pgcedc.com