Tedco President Winsky Is Resigning

Organization Helps Develop Technology Businesses In Md.

July 18, 2009|By Andrea K. Walker | Andrea K. Walker,andrea.walker@baltsun.com

The president and executive director of the Maryland Technology Development Corp., started by the state legislature to help create and nurture tech businesses, will be resigning after 2 1/2 years on the job.

Renee M. Winsky's resignation will be effective Aug. 28, according to the organization's Web site. The site did not say why Winsky was leaving. Winsky and other TEDCO officials did not return phone calls Friday seeking comment.

John Wasilisin, TEDCO vice president and chief operating officer, will take over the post in the interim.

Winsky was appointed to head TEDCO in February 2007 and has been with the organization since 2000. She had applied for the top post when TEDCO was created in 1998, but Phillip A. Singerman, a former assistant commerce secretary in the Clinton administration, was chosen instead. She served as Singerman's deputy and, later, as interim president and executive director after he left in 2005.

Winsky oversaw the creation of the state's politically charged $15.4 million stem cell fund, which brought added credibility to an organization used to giving out small awards. But it also put TEDCO at the center of an issue that raised ethical and moral questions. Winsky also established a partnership with the Department of Agriculture's Agricultural Research Service and established TechStart, which funds university teams to determine whether technologies they create can be commercialized through start-up companies.

"Under Renee's leadership, TEDCO has remained a driving force in Maryland technology-based economic development, and the organization has continued to receive praise and recognition on the national level," Warren Mullins, chair of TEDCO board of directors, said in a statement on the organization's Web site.

TEDCO will conduct a national search for Winsky's replacement.

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