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The organization spearheading economic development efforts in Maryland’s largest county has a new leader.
Montgomery County Economic Development Corp. has selected Jared Smith, who previously led economic development for Henderson, Nevada, as its president and CEO, the nonprofit announced Tuesday. He is slated to start Dec. 8.
Smith succeeds Bill Tompkins, who stepped down when his contract was up in August. Tompkins had served in the role since 2022.
The search was led by management consulting firm Korn Ferry and was overseen by MCEDC’s board of directors.
“The appointment of a new CEO at MCEDC marks the beginning of the next phase in advancing the County’s long-term economic development strategy,” Montgomery County Executive Marc Elrich said in a release.
For the past three years, Smith served as the head of tourism and development for Henderson, Nevada. The city, which is just west of Las Vegas, is the state’s second largest, with a population just shy of 360,000.
Prior to that role, Smith was the chief operating officer at the Las Vegas Global Economic Alliance, where he generated $17.2B in economic impact over six years, according to the release.
