BDC adds Schmoke, five others to board

Daily Record Business Writer//August 28, 2014

BDC adds Schmoke, five others to board

By Alissa Gulin

//Daily Record Business Writer

//August 28, 2014

Mayor Stephanie Rawlings-Blake has added six new people to the Baltimore Development Corp. Board of Directors, including former mayor and current University of Baltimore president Kurt Schmoke.

The new appointments expand the board to 17 members.

Another well-known appointee is Greg Cangialosi, CEO of online ticketing platform MissionTix and co-founder of Betamore, a technology and entrepreneurship hub in Federal Hill. Cangialosi is also a managing member of Baltimore Angels, an angel investment group.

The other appointees are: Jeffrey Fraley, president of Fraley Corp. and chairman of South Baltimore Business Alliance; Gary Martin, president and CEO of Municipal Employees Credit Union of Baltimore; Christie Wyskiel, senior adviser to the president of Johns Hopkins University; and Henry Raymond, director of finance for Baltimore City.

The board’s expansion comes about three weeks after Rawlings-Blake announced that City Councilman Bill Cole would take over as the BDC president and CEO, replacing Brenda McKenzie.

Rawlings-Blake said in a statement that: “We are very fortunate to have these talented business and institutional leaders who will bring their expertise and skills to BDC’s mission of growing the city by attracting and retaining businesses, expanding job opportunities for city residents and investing in our neighborhoods.”

Caron Brace, a spokesperson for the mayor, said the additional positions reflect discussions that had gone back to 2010 regarding an expansion of the board to have representation from a variety of business sectors. The BDC bylaws provide for a minimum of 9 and maximum of 19 members, she said.

“The new members are filling vacant and newly created seats on the board,” Brace said. “There are really four new board members and two replacement board members. New Finance Director Henry Raymond replaced his predecessor, Harry Black, and Gary Martin of MECU replaced the retired Bert Hash of MECU.

Staff writer Adam Bednar contributed to this story.


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