Elizabeth K. Nitze, executive director of Maryland's World Trade Center Institute and the World Trade Center in Baltimore, has resigned effective today to move with her husband to New Jersey.
The institute's chairman, Harold Adams, who heads RTKL Associates Inc., names James L. Hughes acting director. Mr Hughes previously was the institute's program director. No date has been set for naming a permanent director, Mrs. Nitze said.
The institute, funded by the state legislature and by contributions and dues from private companies, was created by Gov. William Donald Schaefer to get the private sector in Maryland working with state agencies to promote international trade.
Mrs. Nitze, a graduate of Harvard University and Stanford Business School, is a former consultant to the Greater Baltimore Committee. In 1988, she was hired as a consultant to help create the World Trade Center Institute. She took over the private, non-profit agency in May 1991 when the director, Christopher Brecia, resigned.
"It was one of the most exciting and satisfying things I've ever done," Mrs. Nitze said. "The best part about leaving is that the timing is perfect. We've finished the first phase of evolution, and the program is really good and solid."
Mr. Hughes, a graduate of the Columbia University Business School and Davidson College, was a commercial real estate consultant before to joining the World Trade Center Institute.