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Troy A. LeMaile-Stovall

CEO
TEDCO

For Troy A. LeMaile-Stovall, CEO of TEDCO, helping the community is a matter of inclusion and equity.

“We believe expanding and including those groups that have been historically excluded from wealth-creating opportunities is our ultimate responsibility, and will help lay a foundation for addressing the social challenges faced by those communities,” he said. “There is nothing more critical than that.”

LeMaile-Stovall took over as CEO of TEDCO,  which provides funding, resources and connections to help the state’s early-stage technology and life sciences companies, in July of 2020. The hiring capped a quarter-century of work in the fields of investment management, higher education, telecommunications, information technology and management consulting.

Asked about attracting and retaining talent at TEDCO, he said that from the day he started, the organization has been “intentional” in its investment in its talent.

“That investment includes pushing the same entrepreneurial spirit internally that we are seeking to create throughout the state,” he said. “That investment seeks to identify new talent pools that may want part-time assignments versus full-time. That investment is centered on our core values of accountability, collaboration, integrity, respect and stewardship.

“We use these core values in how we work with, coach and help elevate our TEDCO colleagues.”

Asked for a quote on the occasion of his winning this award, LeMaile-Stovall offered a passage from the Bible, specifically the Book of Hebrews: “And let us consider how we may spur one another on toward love and good deeds, not giving up meeting together, as some are in the habit of doing, but encouraging one another.”

This is a winner profile from The Daily Record's Maryland's Most Admired CEOs awards. Some information for this profile was sourced from the honoree's application for the award.