William H. Cole IV

Last updated
William H. Cole IV
William H. Cole IV (2007).jpg
Cole in 2007
Member of the Baltimore City Council from the 11th District
In office
December 6, 2007 –August 30, 2014

William H. Cole IV (born November 21, 1972) is an American politician who represented the 11th District on the Baltimore City Council. He was first elected to a four-year term beginning in December 2007 [1] and served until his appointment by the mayor in August 2014 as CEO and president of the Baltimore Development Corporation. [2]

Contents

Early life

William H. Cole IV was born on November 21, 1972, in Havre de Grace, Maryland. He attended Loyola Blakefield High School in Towson, Maryland, and graduated with a B.A. in government and politics from the University of Maryland, College Park in 1994. He graduated with a M.A. in legal and ethical studies from the University of Baltimore in 1996. Cole was a member of the Alpha Epsilon Lambda Honor Society. [3]

Public Service Career

Cole began his career in government as an intern in the Maryland Senate in 1994, then served two sessions as a legislative aide to former state senator Walter M. Baker, chairman of the judicial proceedings committee. In 1996, he was hired by Congressman Elijah Cummings (MD-07) as staff assistant and later special assistant managing one of three district offices. He remained on the congressman's full-time staff until January 2003. [3]

Cole was elected to the Maryland Democratic State Central Committee in 1998 and in January 1999 was appointed by Governor Parris N. Glendenning to fill the district 47A seat in the Maryland House of Delegates seat vacated by Timothy D. Murphy. He served on the House Judiciary Committee, its Family & Juvenile Law Subcommittee, and the House Special Committee on Drug & Alcohol Abuse. [4] The 2002 legislative redistricting process eliminated Baltimore's 47th Legislative District in Baltimore City and Cole lost to three incumbents in the newly formed 46th Legislative District in September 2002. [5]

First elected to the 11th District of the Baltimore City Council in September 2007 after defeating 8 other primary opponents, [6] Cole was re-elected in 2011 winning 75% of the vote. [7] During his two terms on the City Council, Cole chaired a number of standing and special committees including Taxation, Finance & Economic Development, Executive Nominations, Housing & Community Development, Recreation & Parks and the Special Committees on Property Tax Reduction, New Homeowners Tax Credit, and the Maritime Industrial Overlay District Review. He also served as a member the Land Use & Transportation, Budget & Appropriates, Health, Education, and Public Safety Committees. [4]

He was elected as a delegate to the Democratic National Convention in Charlotte from the 3rd Congressional District in 2012. [8]

In August 2014, Cole resigned from the Baltimore City Council after he was appointed President & CEO of the Baltimore Development Corporation (BDC) by Mayor Stephanie Rawlings-Blake. [2] During his time at BDC, he led Baltimore's business recovery efforts [9] after the 2015 Freddie Gray protests and spearheaded the efforts to keep the Preakness Stakes in Baltimore. [10]

In April 2019, he announced that he was leaving BDC to join former Howard County Executive Ken Ulman as a partner in Ulman's consulting firm, Margrave Strategies. [11]

Community service

Cole has served on more than a dozen boards & commissions including the Downtown Partnership of Baltimore, Waterfront Partnership of Baltimore, Visit Baltimore, the Baltimore Hotel Corporation, Midtown Community Benefits District. [4] Since 2013, he has chaired Cecil Bank and its holding company, Cecil Bancorp, Inc., leading the state-chartered financial institution through two recapitalizations [12] [13] and a release from a 2010 regulatory "written agreement" the bank operated under until 2022. [14]

Cole is a 2018 fellow in equitable economic development at the Rose Center for Public Leadership, a partnership with the Urban Land Institute and the National League of Cities. He is a 2012 alumnus [15] of the American Swiss Foundation Young Leaders Conference [16] and a member of the 2012 class of New Deal Leaders. [17]

In October 2022, he was appointed by Senate President Bill Ferguson to the Maryland Stadium Authority Board of Directors. [18] He helped create the Maryland Thoroughbred Racing Operating Authority in 2023. [19]

Personal life

Cole and his wife, Michelle, have three adult children and live in the Otterbein neighborhood of downtown Baltimore. [3] [ citation needed ]

References and notes

  1. ↑ Baltimore City Council Website
  2. 1 2 Broadwater, Luke; Sherman, Natalie (August 7, 2014). "Councilman Cole to replace McKenzie as head of BDC". The Baltimore Sun. Retrieved April 10, 2016.
  3. 1 2 3 "William H. Cole IV". Maryland Manual On-Line. Maryland State Archives. 2022-03-14. Retrieved 2023-02-10.
  4. 1 2 3 "William H. Cole IV, City Council, Baltimore, Maryland". msa.maryland.gov. Retrieved 2023-12-14.
  5. ↑ "2002 Gubernatorial Election". elections.maryland.gov. Retrieved 2023-12-14.
  6. ↑ "2007 Baltimore City Primary Official Election Results". elections.maryland.gov. Retrieved 2023-12-13.
  7. ↑ "Baltimore City, Maryland - General Election Returns 2011". msa.maryland.gov. Retrieved 2023-12-13.
  8. ↑ "Maryland Democratic Party - National Convention Delegates". msa.maryland.gov. Retrieved 2023-12-13.
  9. ↑ "93 Percent Of Riot-Damaged Businesses Back On Their Feet - CBS Baltimore". www.cbsnews.com. 2015-11-25. Retrieved 2023-12-13.
  10. ↑ Weigel, Brandon (2019-10-09). "Q&A: Bill Cole breaks down the deal to build a new Pimlico, keep Preakness in Baltimore". Baltimore Fishbowl. Retrieved 2023-12-13.
  11. ↑ Bednar, Adam (2019-04-15). "Cole leaving as Baltimore Development Corp. CEO". Maryland Daily Record. Retrieved 2023-12-13.
  12. ↑ "Cecil Bancorp raises $30.2 million - Baltimore Sun". digitaledition.baltimoresun.com. Retrieved 2023-12-14.
  13. ↑ "Cecil Bancorp Completes a Successful $10.0 Million Capital Raise for Additional Growth; Announces Two New Executive Officers". www.newswire.com. Retrieved 2023-12-14.
  14. ↑ "Cecil Bank Announces Termination of Regulatory Written Agreement". Yahoo Finance. 2022-11-18. Retrieved 2023-12-14.
  15. ↑ "Member Dashboard | American Swiss Foundation". www.americanswiss.org. Retrieved 2023-12-14.
  16. ↑ "Young Leaders Conference - Young Leaders Conference | American Swiss Foundation". www.americanswiss.org. Retrieved 2023-12-14.
  17. ↑ "Bill Cole – NewDEAL". 2023-11-30. Retrieved 2023-12-14.
  18. ↑ "William Cole | Maryland Stadium Authority". mdstad.com. Retrieved 2023-12-13.
  19. ↑ Zorzi, William F. (2023-04-08). "Bill to establish oversight board for thoroughbred racing headed to quick finish in General Assembly". Maryland Matters. Retrieved 2023-12-14.

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