MEDCO Board of Directors
The Maryland Economic Development Corporation (MEDCO) Board of Directors provides governance and oversight for the organization, helping ensure MEDCO remains accountable to its mission and focused on creating long-term value for Maryland’s communities.
Appointed by the Governor of Maryland and confirmed by the Senate, the 12-person Board brings together leaders from public service, local government, real estate, business, finance, development, transportation, and community life. Together, the Board helps MEDCO evaluate opportunities, steward resources responsibly, and advance work that supports business growth, job creation, community investment, and economic competitiveness across the state.
Leadership With Statewide Perspective
Each Board member brings a distinct view of Maryland’s needs and possibilities. Their collective experience helps MEDCO move complex work forward with accountability, insight, and a clear focus on lasting public benefit.
Officers
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Andy Navarrete, Chairperson
Executive Vice President, Head of External Affairs, Capital One Financial Corporation Represents: Montgomery County
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Eric Costello, Vice Chairperson
Director of Government Relations, Atlas Restaurant Group Represents: Baltimore City
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Dr. Gina Merritt, Vice Chairperson
Principal, Northern Real Estate Urban Ventures, LLC Represents: Baltimore County
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Tom Sadowski, Secretary
Chief Executive Officer & Executive Director, MEDCO
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The Honorable Jessica Fitzwater, Treasurer
County Executive, Frederick County Government Represents: Frederick County
Members
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The Honorable Harry Coker Jr.
Secretary, Maryland Department of Commerce
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Scott Dorsey, Emeritus
President, Merritt Properties, LLC Represents: Baltimore County
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The Honorable Keasha Haythe, CEcD
Member, Talbot County Council Represents: Talbot County
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Omar Karim
President, Banneker Ventures Represents: Prince George’s County
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David Lyles
President and CEO, David Lyles Developers Represents: Washington County
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Jim Soltesz
President and CEO, Soltesz Represents: Montgomery County
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The Honorable Kathryn Thomson
Secretary of Transportation, Maryland Department of Transportation
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Jessica Underwood
Principal, JR Capital Build Represents: Frederick County