St. Pete's EDC chief to step down

J.P. DuBuque, the founding president and CEO of the St. Petersburg Economic Development Corp. has resigned. He will leave his post in April.

In a statement released Friday, the EDC says DuBuque is joining the accounting firm Rivero, Gordimer & Co. as COO. His resignation is effective April 28.

The St. Petersburg EDC was founded in 2016 and under DuBuque has announced more than 2,100 jobs, increased private sector revenue by 86% and public support by 50% over the past six years, according to the statement.

The organization’s executive committee is working on a plan to find his successor, and the St. Petersburg Chamber of Commerce will help the EDC in the meantime on “its mission of marketing and business attraction.”

As the search for new leadership is underway, the EDC is working on a strategic plan for the next three to five years as it looks to expand its work. 

“We’ve demonstrated that we’ve made an impact and been financially successful,” Marcus Greene, Truist market president and current chair of the EDC, says in the statement. “Now we’re looking at how we take that to the next level, attracting even more companies to our area.”