TEDCO, Maryland’s economic engine for technology companies, announced the slate of executive officers for the board of directors for fiscal year 2026 (FY26) that includes African Americans in key positions.
This decision comes after the board’s most recent meeting on May 22.
Black leaders of the board include Chair Ellen Flowers-Fields of the College of Southern Maryland; Secretary Thomas Bundy of the firm Lawrence & Bundy; Treasurer William Roberts of Significance Inc.; Assistant Treasurer Eben Smith of Three/E Consulting Group and Immediate Past Chair Omar Muhammad of Morgan State University.
Flower-Fields said the new board leadership team will move TEDCO forward.
“Over the years, I have been able to see the continued growth of Maryland’s ecosystem thanks to the work TEDCO does. As the board chair this past year, I am excited to say that the organization’s trajectory has not deviated,” said Flowers-Fields. “Continuing in this position, I am excited to resume guiding the organization’s efforts to create a more equitable and sustainable innovation ecosystem across the state.”
TEDCO is managed by a 19-member board of directors, 14 of whom are appointed by the Maryland governor, two appointed by the president of the Maryland Senate, and two appointed by the speaker of the Maryland House of Delegates – each to staggered four-year terms.
The 19th member is the Maryland secretary of commerce, who serves ex officio. Each member appointed by the governor is confirmed by the Senate.
Complete with members hailing from across the state – from rural Western Maryland to Baltimore City to the Eastern Shore – and an array of backgrounds, industries and expertise, the organization looks toward the future, thinking of new ways to continue the momentum and create another year of growth for the state’s entrepreneurial innovation ecosystem.
Flowers-Fields has more than 25 years of experience in workforce development and human capital management and is currently serving as vice president for Continuing Education and Workforce Development at the College of Southern Maryland.
Bundy III is a partner at Lawrence & Bundy, where he regularly represents Fortune 500 companies across the country in numerous trials, arbitrations and alternative forms of dispute resolution.
Roberts currently serves as the vice president of Strategic Growth at Significance, Inc., a consulting firm that specializes in helping federal agencies improve their financial management and accountability.
Smith is president of Three|E Consulting Group with two decades of business management experience in both the public and private sector.
Muhammad serves as the director and EN-TRE-PRE-NEUR for the Entrepreneurial Development Assistance Center (EDAC) at Morgan State University and serves as the immediate past chair on TEDCO’s board.
“TEDCO’s Board of Directors continues to bring invaluable expertise and influence to the organization, allowing us to conclude another year with successful growth,” said TEDCO CEO Troy LeMaile-Stovall. “Such collaboration and guidance are essential for continuing our efforts to offer resources and opportunities to entrepreneurs throughout the state’s ecosystem, building up a sustainable, diverse, equitable and merit-driven environment that will allow us to thrive. Together, I am confident we can follow the example of the Moore administration and make this Maryland’s decade.”