M&T Bank Presents CEOs You Should Know

M&T Bank Presents CEOs You Should Know

Get to know the area's most influential CEOs close up and personal.Full Bio

 

Jim Coleman, President & CEO PG County Economic Development Corporation

From his family’s farm in Lexington, Kentucky to Wall Street, Jim Coleman has delivered stellar results over the last 32 years with Oscar Mayer & Co., Pepsi Cola Company, Altria Corporation, American Express, several entrepreneurial ventures,  and several government and quasi government entities including: the New York State Senate, Westchester County and now, the Prince George’s County Economic Development Corporation.

As a senior sales and marketing executive, Jim has negotiated hundreds of complex deals with large multibillion dollar clients in the meat packing, soft drink, tobacco and financial services sectors, which have all led to over $5 Billion in sales as a direct result of his personal effort and leadership.

Since his appointment by County Executive Rushern L. Baker, III and the Prince George’s County Economic Development Corporation’s Board to be the President & CEO of the Prince George’s County Economic Development Corporation, Jim has become Prince George’s County’s premier business advocate and deal maker.

Within one year of his appointment, Jim led his 75 member staff to attract over 30 new companies to Prince George’s County, retain the county’s top 500 large employers and convince them to expand and to create over 5,400 new jobs and has trained and prepared over 71,000 of the county’s residents for new high wage jobs in the county’s private sector.  As a result, over 17,000 new jobs have been created during the last 12 months, reducing the county’s unemployment rate from 5.3% to 3.9% and the county’s median household income has increased by nearly $5,000 to a record high of $76,741, which is more than $20,000 more than the nation’s median household income. 

Jim is committed to connecting Prince George’s County based businesses to the international market by facilitating international trade missions.  In September of 2015, Jim successfully led a 9 day trade mission to China with over 15 delegates.  During the trade mission to China, Jim led his delegation to Beijing, Xiamen and Shanghai.  During this important trade mission, the delegates had the opportunity to acquire new business and new partnerships! During the month of September 2017, Jim led another trade mission to China and Korea that included 11 business delegates. 

Jim was raised on his family's farm, Coleman Crest in Lexington Kentucky, which was originally purchased by his great grandfather on March 27, 1888 after he and his family had tilled the farm as slaves. Jim owns Coleman Crest Farm today.

Jim is a 1983 graduate of Howard University with a B.A. Degree in Economics. During his tenure at Howard, Jim was elected President of the Liberal Arts Student Council and was inducted into the Who’s Who Among Students at Colleges and Universities by Dr. James Cheek, President of Howard University.  Jim is the author of “Cut the Crap and Close the Gap” a book designed to help business owners and leaders drive operating success by eliminating performance gaps between desired and actual results. 

Jim is a certified management training facilitator in Development Dimensions International and Dale Carnegie organizational development programs.  Jim is a 2014 graduate of the World Wide College of Auctioneering.

CEO: Jim Coleman

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