TEDCO’s Troy LeMaile-Stovall Among Honorees

COLUMBIA, Md. (September 19, 2022)TEDCO, Maryland’s economic engine for technology companies, announced today The Daily Record has named Troy LeMaile-Stovall one of Maryland’s 2022 Most Admired CEOs.

The Daily Record Most Admired CEO Logo“I’ve heard Troy speak of his goal to embrace diversity, equity and inclusion in Maryland’s startup communities, and I appreciate that his actions reflect this commitment,” said Luke Cooper, chairman, Latimer Ventures. As Troy has said, “TEDCO’s Social Impact Funds are purposefully designed to engage and invest in economically underrepresented founders and communities. With each investment, we are working towards a more equitable tech ecosystem here in Maryland—while at the same time we get to elevate talented and innovative entrepreneurs across the state.”

Picture of Troy LeMaile-Stovall Sitting“Troy has worked to ensure that no part of Maryland is left behind in our innovation ecosystem,” said Myra Norton, president and CEO of Arena Analytics, immediate past chair of TEDCO Board of Directors. “As one of many examples, he oversaw the creation of the Agriculture and Rural Rebuild (ARR) Challenge, which encouraged purposeful collaboration between rural businesses, research institutions and industry partners. The ARR Challenge awarded grants to seven projects from a diverse pool of applicants from every region of the State and a variety of technology industries.”

Most Admired CEOs honors talented business CEOs, higher education leaders and nonprofit executive directors throughout Maryland whose leadership and vision are admired by those around them. A panel of judges selects these winners based on professional accomplishments, community service and the letters of references submitted by co-workers, board members and community leaders showing the CEOs leadership and vision. 

“I admire Troy for his passion, his sense of community, his commitment to doing good, and his core humanity,” said Ken Malone, executive officer, Early Charm Ventures. “Under Troy’s leadership, TEDCO has implemented new DEI initiatives, grown the existing funds that support Maryland’s startup community, and advocated for new funds, including $50M from the State Small Business Credit Initiative (SSBCI), a federal program designed to target communities and areas with a high concentration of small, micro, and socially and economically disadvantaged individual businesses.”

The Most Admired CEOs winners will be honored Nov. 3 at the Hilton Baltimore BWI Airport, 1739 W. Nursery Road in Linthicum Heights. 

The Daily Record Logo"The 2022 Most Admired CEOs are leading the way in unprecedented times and are developing a culture of innovation resulting in continued growth. In addition, they mentor the next generation. These CEOs are leaders we all want to emulate," said Suzanne Fischer-Huettner, senior group publisher of The Daily Record. "Being a CEO today is a tremendously challenging job, and we at The Daily Record congratulate this year's honorees for all their accomplishments."

For more information about The Daily Record’s 2022 Most Admired CEOs, to include a full list of honorees, visit

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TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at

Media Contact
Tammi Thomas, Chief Marketing & Communications Officer, TEDCO