Northern Virginia Chamber of Commerce to lose its longtime chief

April 9, 2018
By The 2030 Group

By: Andy Medici

Jim Corcoran is stepping down as the president and CEO of the Northern Virginia Chamber of Commerce.

Corcoran, who led the chamber through its rebranding from the Fairfax County Chamber of Commerce in 2015, will leave the organization during the second quarter, according to an announcement sent out on Monday. He has led the chamber since 2010.

Stacy Stathopoulos, chief operating officer, and Michael Forehand, senior vice president, will co-manage day-to-day operations during the transition.

Reached on his cellphone, Corcoran declined to comment, saying he had no more to add than what was released by the chamber. He did add he would leave in mid-June to help with the transition.

The Northern Virginia Chamber of Commerce is the third-largest chamber of commerce in the region by revenue, according to Washington Business Journal research, with $2.89 million in 2016. That puts it only behind the Greater Washington Board of Trade, which also recently saw its longtime CEO leave, and the Montgomery County Chamber of Commerce.

The Northern Virginia Chamber saw its revenue grow from $2.65 million in 2014 to $2.83 million in 2015 and $2.89 million in 2016, although membership has fluctuated in recent years, having gone from 650 in 2015 to 676 in 2016 and back to 650 in 2017.

Read the full story at the Washington Business Journal