BDC-CEO-William-ColeWilliam H. Cole IV
President and CEO

William H. Cole is the President and CEO of the Baltimore Development Corporation (BDC), which serves as the economic development agency for Baltimore City. It is responsible for growing the city by retaining and attracting businesses, expanding job opportunities for city residents, and increasing investment in city neighborhoods.

Prior to his appointment at BDC, Cole was the Associate Vice President of Institutional Advancement at the University of Baltimore for more than a decade and was elected to the Baltimore City Council in 2007 and 2011.  His public service also includes a term as a Member of the Maryland House of Delegates from 1998 to 2002 and as a Special Assistant to U.S. Representative Elijah E. Cummings from 1996 to 2003.

In addition, Cole is active on more than a dozen civic and non-profit boards, including chair of the Baltimore Hotel Corporation, and a member of the boards of the Downtown Partnership, Visit Baltimore, and the Waterfront Partnership.  He also served as co-chair of the Steering Committee for the Opportunity Collaborative: the Regional Plan for Sustainable Development which issued its final report in 2015.  He earned a B.A. in Government & Politics from the University of Maryland College Park, and M.A. in Legal and Ethical Studies from the University of Baltimore.

A native Marylander, Cole has lived in downtown Baltimore for more than 30 years. He and his wife Michelle are the proud parents of three Baltimore City public school students.

Kimberly-Clark-1947661-220Kimberly A. Clark
Executive Vice President

Kimberly “Kim” Clark is the Executive Vice President of the City of Baltimore Development Corporation (BDC). In her capacity as EVP she oversees neighborhood development, business development, capital budgeting, Small Business Resource Center, Emerging Technology Centers, Baltimore Main Streets program, marketing and research and analytics.

Among her achievements at BDC, Clark helped structure public-private partnership financing for several major redevelopment projects, including several Tax Increment Financing (TIF) projects; the redevelopment of Belvedere Square, all parcels at Inner Harbor East, Payment in Lieu of Taxes (PILOTS) for several major developments, including the Westside and the several grocery store projects. She was instrumental in retaining several businesses of all sizes and assisted smaller businesses with expansions. Kim represented the City in the development of the Horseshoe Casino Baltimore.

Clark is the President of the Maryland Economic Development Association, Chair of the Urban Land Institute Baltimore Council, Board member of the Emerging Technology Centers, Small Business Resource Center, Leadership Maryland, Goodwill Industries of the Chesapeake, Inc., and the Baltimore Office of Promotion and the Arts and is a member of the International Economic Development Council. In 2016 Kim was named by the Daily Record as one of Maryland’s Top 100 Women, received the Mayor’s Medal for Meritorious Service and was honored by Mercy High School with the Sister M. Joannes Clifford Distinguished Alumni award. Clark graduated Leadership MD in 2009 and is a Greater Baltimore Committee Leadership Class of 2007 graduate.