Stephen E. Budorick
PRESIDENT AND CEO, COPT
Stephen E. Budorick was elected COPT trustee in May 2016. He was COPT’s executive vice president and chief operating officer from September 2011 through May 2016.
Prior to joining COPT, he served as executive vice president of asset management at Callahan Capital Partners, LLC since 2006. Before his tenure at Callahan Capital Partners, he was executive vice president in charge of Trizec Properties Inc.’s Central Region from 1997 to 2006 and executive vice president in charge of third-party management and leasing at Miglin Beitler Management Company from 1991 to1997. Budorik also spent three years in asset management at LaSalle Partners, Inc. and five years in facilities management and planning at American Hospital Association.
Budoric earned a bachelor’s in industrial engineering from the University of Illinois and an MBA in fminance from the University of Chicago in 1982 and 1988, respectively. He was elected a member of the Nareit Advisory Board of Governors in November 2017 and serves on the boards of the Greater Baltimore Commit-tee and the United Way of Central Maryland.
What’s the most important lesson you’ve learned in your career?
Focus on the long term; set objectives, maintain persistence but be prepared to require patience.
What are your hopes for the state or your community this year?
The business community and political leaders work in harmony to support and restore the businesses and employees harmed by the pandemic shutdowns, and create more opportunities for employment growth and community prosperity.