All change at Tedco’s top levels

Tedco launches a national search for a new chief executive and executive vice-president, as Wasilisin (pictured) steps up to become president and Rosenbaum resigns from the organisation.

Maryland Technology Development Corporation (Tedco) has started a US nationwide search for a chief executive following the resignation of Robert Rosenbaum.

Rosenbaum was the chief executive and president of Tedco before leaving to pursue other interests with his resignation becoming effective immediately at the end of January.

John Wasilisin, who was working as Tedco’s executive vice-president and chief operating officer, will take on the role president while maintaining his chief operating officer role.

Before his role at Tedco Wasilisin was deputy secretary of Maryland’s Department of Budget and Management and deputy secretary of the Department of Labour, Licensing and Regulation.

Tedco offers business assistance to startup companies in the state of Maryland. This assistance comes in the form of seed funding and intellectual resources.

Wasilisin said: “With the support of both Tedco’s incredible, highly capable staff and our doard of directors – all of whom are dedicated to entrepreneurial assistance – I have every confidence that Tedco will continue to be the lead source for entrepreneurial business assistance and seed funding in Maryland, helping to foster the development of startup companies that are at the heart of this state’s innovation economy.”

Newt Fowler, chairman of Tedco’s board of directors, said: “The entire board wishes Rob well in his future endeavours. During his five-plus years with Tedco, the organisation has continued to serve effectively as Maryland’s go-to source for entrepreneurial support and guidance for startups and early-stage companies engaged in bringing innovative ideas to market.”

– Photograph of John Wasilisin courtesy of Tedco

See more from this Government Report: Maryland, US

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