Shea new president, CEO of EBDI

board chairman quits

December 19, 2009

Christopher Shea, who has served as the interim president and chief executive of East Baltimore Development Inc. since April, has been named its president and CEO. EBDI's board of directors announced Friday that Shea, 54, who came to EBDI in 2007 after serving as deputy housing commissioner for development for Baltimore, was its unanimous choice to head the seven-year-old organization after a seven-month search. He replaces John T. Shannon Jr., who left in April. EBDI is overseeing redevelopment of 88 acres north of the Johns Hopkins Medical Institutions as a $1.8 billion community with housing, shops, offices, life science facilities, a school and a rail station. Its directors also said Friday that board chairman Joseph Haskins Jr., president and CEO of Harbor Bank of Maryland, is stepping down effective Dec. 31 and that Douglas W. Nelson, president of the Annie E. Casey Foundation, will serve as interim chairman.

- Edward Gunts

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