SOURCE: JPB Enterprises

JPB Enterprises

March 09, 2011 13:16 ET

Richard Story Joins JPB Enterprises

COLUMBIA, MD--(Marketwire - March 9, 2011) - JPB Enterprises, Inc. ("JPB") announced today that Richard "Dick" Story, Howard County's former Chief Executive Officer for the Economic Development Authority will be joining the firm as its Senior Vice President for Marketing.

In his role with JPB, Mr. Story will be responsible for developing and executing a marketing and sales strategy while branding "JPB" into a cohesive and consistent image across its three product lines -- private equity, real estate development and advisory services. Mr. Story's consummate abilities as a communicator and relationship-builder, his wealth of experience and impressive business acumen will be an essential element in conveying JPB's platform of services to the market and expanding its presence and awareness.

"During a time when JPB is focused on enhancing its regional presence and building its client base, Dick's strategic thinking and business development experience will be a huge asset to us," said JPB President and COO, Jim Bolduc. "We are excited to have Dick join us and lead our marketing and business development strategies."

Most recently, Mr. Story retired as Chief Executive Officer of the Howard County Economic Development Authority (HCEDA) after nearly 18 years of service. As a seasoned economic development executive with over 31 years of service, Mr. Story has previously served the public sector as Executive Director for Carroll and Baltimore Counties Economic Development Authorities. Additionally, he has held leadership positions in economic development in the Washington/Baltimore Regional Association and Maryland Economic Growth Associates. He also served in the capacity of Senior Manager of Business Development for the Atlantic Builders Group prior to joining the HCEDA.

Mr. Story is also a former Chair of the BWI Airport Development Council, past chair of the Area Business Development Officials Committee -- 24 economic development organizations in the Greater Washington area, and a past chair of the Advisory Committee for the Economic Alliance of Greater Baltimore. He also chairs the Membership Committee of Maryland Economic Development Association. Mr. Story has served on the Board of Directors of the Columbia Foundation, Humanim, Inc., the Baltimore Area Council/Boy Scouts of America, and the Howard County Chamber of Commerce. Mr. Story serves on the Howard County Superintendent's Advisory Committee for Business and Education Partnerships, and is on Howard Community College's Commission on the Future.

"We are delighted to welcome Dick to JPB," said J.P. Bolduc, Chairman and CEO of JPB. "His distinguished career as a proven leader and ambassador for business makes him a most sought after executive. We are most fortunate to have him join us as he will bring to JPB a wide ranging network of contacts, demonstrated negotiating skills, an image you can trust and respect."

About JPB Enterprises, Inc.:
JPB Enterprises supports entrepreneurs and family-owned businesses in the important business objective of value creation. With an experienced team, a breadth of functional resources and a long-term strategic focus, JPB partners with management and ownership of lower-middle market companies to unlock value and achieve visions, strategies and goals. JPB is headquartered in Columbia, Maryland and operates through three business units -- private equity investment, real estate development and management, and advisory services (including accounting, human resources and strategic advisory). For more information, go to

Contact Information

  • For More Information Contact:

    Mary Bolduc-Glagola
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