2024 Year in Review and 2025 Outlook

Category: Member News

2024 Year in Review and 2025 Outlook

Posted on by Board of Trade

 

A YEAR OF TRANSFORMATION

In 2024, the Greater Washington Board of Trade solidified its role as a catalyst for innovation, economic vitality, and regional collaboration. Through more than 120 engagements—including policy initiatives, leadership discussions, and events—we drove meaningful progress on critical issues shaping our region’s future.

From advocating for unified transit and resilient infrastructure to driving downtown revitalization and amplifying the business voice, we delivered measurable impact. However, transformative change takes time, and our work continues.

This success is made possible by you! To our officers, executive committee, board of directors, committee chairs, initiative partners—and all of our members—thank you. Your contributions are the foundation of our success and help shape not only this organization but the future of Greater Washington.

As 2025 nears, the Board of Trade remains committed to uniting leaders around a shared vision for a vibrant, inclusive, and prosperous region.

LEADING REGIONAL PROGRESS

Greater Washington is a vibrant and dynamic place, and its success depends on anticipating trends, addressing challenges, and seizing opportunities to create lasting prosperity. In a time of change and uncertainty, strategic leadership and collaboration are essential. The Board of Trade works to turn these forces into progress, ensuring our region remains a secure, resilient, and thriving place to live, work, and grow. The details on the following pages reflect this commitment to leadership, vision, and action.

Programs & Policy

Through a wide range of activities—including high-impact events, strategic communication campaigns, closed-door meetings with elected officials, support letters, testimony, committee engagements, and more— Board of Trade members spent 2024 working to:

 

Impact Through Engagement

At the heart of our success lies the power of connection and collaboration. We convene the people and organizations that drive innovation, growth, and resilience across Greater Washington. In 2024, our unmatched signature networking opportunities, strategic initiatives, and trusted networks created space for leaders to share ideas, combine resources, and achieve results that benefit the entire region.

 

  • This year, we welcomed 30 new members and maintained an exceptional retention rate of 92%, exceeding industry standards.
  • Our signature events—including the Mid-Winter Dinner, Fall Business Classic, and the Annual Meeting—saw unprecedented participation, with 70% of member organizations represented. At the 7th annual Capital Region Transportation Forum we saw 30% increase in member participation. This level of engagement underscores the strength of our network and the enduring value we create together.
  • We tailored sponsorship opportunities to align deeply with member interests and strategic goals. This includes the revitalized TD Bank Morning Star Series—a 17-year partnership—focused this year on navigating a multi-generational workforce. The series featured three sessions that engaged attendees with discussions, workshops, and actionable strategies, illustrating our commitment to meaningful engagement and value creation.
  • We revitalized our digital presence by launching a new website, enhancing accessibility and engagement for members and stakeholders. This initiative, combined with a 20% increase in social media engagement, reflects our ongoing efforts to connect and engage meaningfully with our community.
  • We amplified our voice as a leader in the region through strategic communication efforts—placing thought leadership pieces in prominent media outlets such as the Washington Business Journal and WTOP. From op-eds on regional economic challenges and public safety, to appearances on Fox5 and at key events like the Maryland Economic Development Association Winter Conference, we positioned the Board of Trade as the go-to resource for forward-thinking solutions that shape our collective future.

2024 New Members

2024 Sponsors

LOOKING AHEAD TO 2025

As we build on the successes of 2024, the Board of Trade remains focused on advancing the priorities that matter most to Greater Washington. In the coming year, we will drive the DMV Moves initiative to secure long-term regional transit funding, maintain momentum on public safety to ensure safe neighborhoods and thriving business environments, and build on partnerships like the Potomac Conference to foster inclusive growth and innovation. Our continued efforts to close opportunity gaps will strengthen economic resilience and advance a more equitable and prosperous region.

The Board of Trade’s strength lies in the engagement and dedication of its members. Together, we have demonstrated what is possible when we align around a shared mission for this dynamic region.

As we look ahead to 2025, we know there will be challenges, but also countless opportunities. And as we have for 135 years, the Board of Trade stands ready.

WELCOME 2025 BOARD OFFICERS

Board members contribute to the Board of Trade’s success in several ways: they weigh in on strategic decisions; assist with the recruitment, retention, and on-boarding process of members; lend resources and make connections to bring projects closer to their goals; attend and support board meetings and other Board of Trade events throughout the year.

JOIN US!

To get involved, connect with our team to explore ways to engage your entire organization. Follow our work—subscribe to our newsletters, connect on X, LinkedIn & YouTube, and visit our newly revitalized website for insights, initiatives, and member highlights. Our events have seen unprecedented demand this year—selling out time and time again—so be sure to secure your spot early and be part of these powerful conversations and engagements.

Not yet a member? Please consider joining us –as a members, as partners for change, or both – the Board of Trade is open for business and eager to team with any organization committed to our common goal of a Greater Washington region.

Newly elected officials across the Greater Washington region

Posted on by Board of Trade

The Board of Trade’s policy team has tracked high-profile elections across D.C., Maryland, and Virginia that help our members and greater business community understand what changes may be coming as policy takes center-stage to start 2025 as chambers open session.

We congratulate the newly elected members of Congress, State Assemblies, and local offices and applaud their commitment to public service and the trust their constituents have placed in them. As the region’s leading non-partisan business organization since 1889, the Board of Trade is dedicated to fostering collaboration on key priorities like transportation, technology, workforce development, and economic sustainability. We look forward to working together to advance initiatives strengthening the Greater Washington region and its business community.

Angela Alsobrooks (D)

U.S. Senator for the State of Maryland

Formerly the County Executive of Prince George’s County.

Learn more about this elected official.

 

April McClain Delaney (D)

Maryland – 6th District – U.S. House of Representatives

Represents Garrett, Allegany, Frederick, and Washington counties. 

Learn more about this elected official.

 

Sarah Elfreth (D)

Maryland – 3rd District – U.S. House of Representatives

Represents Anne Arundel and Carroll counties.

Learn more about this elected official.

 

Wendell Felder (D)

D.C. Council  – Ward 7

Represents parts of the Anacostia, Hill East, Stadium Armory, and Deanwood neighborhoods of Washington D.C.

Learn more about this elected official.

 

Alyia Gaskins (D)

Mayor – City of Alexandria

Learn more about this elected official.

 

Suhas Subramanyam (D)

Virginia – 10th District – U.S. House of Representatives

Represents Rappahannock, Fauquier, and Loudoun counties. Also represents parts of Fairfax County and Prince William County. 

Learn more about this elected official.

 

Eugene Vindman (D)

Virignia – 7th District – U.S. House of Representatives

Represents Orange, Culpepper, Spotsylvania, Green, Madison, Fredericksburg, Caroline, King George, and Stafford counties. Also represents parts of Prince William and Albemarle counties. 

Learn more about this elected official.

 

Board of Trade hosts 135th Annual Meeting, highlighting successes and future goals

Posted on by Board of Trade

The Greater Washington Board of Trade celebrated its 135th Annual Meeting, presented by Kaiser Permanente, on November 22, 2024, at The Ritz-Carlton in Washington, D.C. This signature event has been a cornerstone of the organization’s efforts since 1889, bringing together members and partners to reflect on the year’s accomplishments and strategize for the future.

Maryland Governor Wes Moore kicked off Annual Meeting by delivering an inspiring keynote address that focused on collaboration and partnerships with the business community that resonated deeply with our commitment to advancing the Greater Washington region. With many of our members operating across this vibrant and ever-evolving area, engaging with state leaders like Governor Moore helps us stay connected and aligned with regional progress.

Attendees had the opportunity to hear directly from key leaders driving the organization’s mission forward. Outgoing 2024 Chair Steve Proctor of G.S. Proctor & Associates reflected on the year’s accomplishments, highlighting milestones in transportation, public safety, and inclusive economic growth. Jeremy Blank of Deloitte, the incoming 2025 Chair, shared his vision for the year ahead, emphasizing continued collaboration and innovation. President & CEO Jack McDougle underscored the importance of member engagement and outlined strategic priorities to ensure the Greater Washington region’s long-term prosperity.

VIDEO: Jack McDougle addresses Board of Trade membership, Greater Washington business community

View More Pictures from Annual Meeting on Flickr

Key Highlights of the Event:

  • A Year of Progress and Collaboration: The meeting spotlighted achievements in regional transportation through the DMVMoves initiative, collaborative public safety advancements like the Secure DC Act, and inclusive economic growth efforts, such as Pathways to Prosperity.

VIDEO: Outgoing 2024 Chair Steve Proctor addresses GWBOT membership

  • Looking Ahead to 2025: Attendees discussed the strategic vision for next year, including plans to advance economic revitalization and secure key designations to support regional innovation and growth.

VIDEO: Incoming 2025 Chair Jeremy Blank addresses GWBOT membership

  • Networking and Recognition: With robust attendance from industry leaders and member organizations, the event served as a premier networking opportunity and a celebration of collective milestones.

VIDEO: Kaiser Permanente’s Israel Rocha addresses Greater Washington business community

The Board’s leadership emphasized the importance of continuing to foster partnerships and maintaining engagement from members to drive initiatives forward. Members were encouraged to stay involved by attending events, engaging with staff, and leveraging opportunities to contribute to the organization’s mission.

Thank you to all our members for contributing to the work of the Board of Trade that helps our region and business community to stay competitive, engaged, productive, and inclusive to all who live and visit!

The Annual Meeting underscored the Board of Trade’s role as a powerful convener and advocate for the Greater Washington region.

In 2025, we anticipate fresh challenges coupled with abundant prospects. Drawing from our enduring legacy in this region, the Board of Trade is unwavering in its dedication to amplifying your achievements and bolstering our region’s competitiveness. We’ll advance this by nurturing stronger connections, advocating more powerfully across federal, state, and local arenas, conducting in-depth analyses, and rolling out specific programs and initiatives.

Stay up to date on Board of Trade events here: https://www.bot.org/events

Thank you to our sponsors for supporting our 2024 Annual Meeting and continuing your support for the Board of Trade and our vital work in the region:

2024 Election Regional Safety & Travel

Posted on by Board of Trade

Stay Safe & Connected This Election Season

Local and federal agencies in D.C. are actively preparing for the 2024 Presidential Election season, anticipating any potential safety concerns the region could face. Below are updates from transportation, government, and business officials regarding the week of the Presidential Election—a crucial period for Downtown D.C. and the Greater Washington area. The Board of Trade is committed to keeping our business community informed and will continue providing timely updates through Inauguration Day.

Key Dates We Will Follow:

  • Nov. 4-10: Election Week
  • Jan. 6-10: Election Certification Week in Congress
  • Jan. 19-21: Inauguration Week

Safety Information

D.C. Government:

D.C. successfully requested that the upcoming election certification on Jan. 6 be considered a National Special Security Event, a classification similarly applied to Inauguration Day by the government.

Mayor Muriel Bowser’s office hosted a media briefing on Oct. 22nd to discuss the city’s preparations for the Election Day security and the rest of the Election season, including the week of the election certification and inauguration at the beginning of next year.

Deputy Mayor Nina Albert also held a stakeholders briefing on Oct. 24th that addressed further ways the city is addressing safety concerns, including sharing that people to sign up for alerts at alertdc.gov to stay up to date with important safety and travel updates regarding election season.

The mayor’s office expressed:

  • The need for patience as it could take weeks or days for a winner to be declared in the 2024 Presidential Election
  • Please be careful about misinformation or false information about election security and activities in Downtown D.C., specifically about what is being said on social media.
  • Stay prepared for a fluid and unpredictable security environment with extremist groups and possible civil unrest.

Capital Police:

The National Park Service (NPS) has instituted a partial closure in Lafayette Park and along the White House sidewalks for public safety in support of preparation and activities associated with the presidential inauguration. Closures will remain in place through February 2025. The northern part of Lafayette Park remains open for visitors and First Amendment activities. This year, work began Oct. 1 to accommodate additional time needed for a safer and more secure environment for construction activities. The Washington Post has also confirmed that Capitol Police is working with the D.C. National Guard to coordinate response needs better ahead of key election and inauguration dates.

DC Board of Elections:

Monica Evans, the executive director of the D.C. Board of Elections, said in a recent Washington Post story thatn“The D.C. Board of Elections added armed security to its office headquarters and mail ballot processing center this year.” For more on the DC Board of Elections work during this election season check out their “checklist” for this November.

Department of Homeland Security:

The Department of Homeland Security has classified the upcoming electoral count, set for January 6, 2025, as a National Special Security Event. This designation grants the traditionally routine post-election event the same heightened security typically reserved for presidential inaugurations and political conventions. The Secret Service, which will oversee security for the count, has confirmed this arrangement.

Learn more about the election security measures being taken by DHS here.

Metropolitan Police Department:

While there has been no indication of any large-scale protests, events, demonstrations, or violent activities, MPD said in the statement to the Board of Trade that it encourages the public to remain vigilant. If you see something, say something. Please report threats and emergencies to 911. Keep your community safe by reporting suspicious activity by calling 202-727-9099, texting 50411, or visiting iwatchdc.org. Additionally, DC government will be in touch with business groups in the next week to schedule routine calls on security. Let me know if you need help being connected with the appropriate people scheduling those meetings.

MWCOG & Emergency Preparedness Council:

These two groups have been working hard to help share the importance of fighting mis-/dis-/mal-information surrounding the election and have been sharing information and strategies with government and business leaders on effective counterstrategiesin the context of the 2024 elections. In 2023, the MWCOG Board approved a resolution calling for continued regional participation in the Electronic Registration Information Center (ERIC), which provides local and state election officials with voter reports to prevent fraud and ensure accuracy. The board continues to encourage full participation by the District of Columbia, Maryland, and Virginia in this resource. COG also convenes a regional Election Officials Technical Committee to coordinate and share information across jurisdictions.

Transportation Information

Election Night Traffic Updates

Vice President Kamala Harris will be having her Election Day headaquaters at Howard University, which has led to traffic reroutes in the area. Below is the map:

Inauguration Day Route Preparations in Downtwon D.C.

Right now, DDOT is planning to repave the Inauguration Day route and this could cause delays as this work continues through parts of Election Season. Below is a look at the Inauguration Day route (labled in red below) that extends from the White House to the U.S. Capitol Building. Pedestrian walking routes are also labled below in green and are vital to know if you will be in the area on Inauguration Day.

Inauguration Day Vehicle Access in Downtwon D.C.

Mayor Bowser met with D.C. Council recently to discuss safety preperation for Inauguration Day. In her presentation, her office included the vehcile access points for Inauguration Day from 2021, highlighting there will likely be a similar concept for Inauguration Day for this election cycle. Below is a look at the limited access drivers will see. The National Park Service has not released road closures yet, but you can check for more as they prepare for Inauguration Day here.

Advice For Downtown Businesses

Sign up to receive real-time alerts from the District on public safety, traffic impacts, and more on election and inauguration updates by visiting alertdc.dc.gov.

ReadyDC has resources to help businesses create emergency plans, protect critical information, and improve your workforce’s personal preparedness efforts. Learn more by visiting ready.dc.gov/business.

Report suspicious activity. If you see something that doesn’t feel right, report it at iwatchdc.org inform a police officer or call 911 if there is an emergency or you are in immediate danger. Also, keep up-to-date on the latest on Inuauguration Day from D.C. Government here.

Board of Trade members named to WBJ Power 100 list

Posted on by Board of Trade

The Board of Trade was proud and honored to see so many member organizations and its executive leaders named to the Washington Business Journal’s 2024 Power 100 list, including our very own President & CEO, Jack McDougle.

This recognition of Board of Trade members highlights the diverse business interests and sectors in which our organization makes an impact, all contributing to our mission of advancing the Greater Washington region as the best place to live and work.

Checkout WBJ’s full Power 100 list here. And see below the member organization executives that were honored!

The Future of Communications: AI’s Role in Shaping Corporate Strategy

Posted on by Board of Trade

On September 10, the Board of Trade, in partnership with Grayling Communications, launched its Coffee & Conversation series, bringing together industry leaders to explore the evolving role of artificial intelligence (AI) in corporate communication strategies. As AI continues to reshape how businesses interact with their audiences, manage reputations, and streamline operations, it’s crucial for organizations to stay informed and adaptable. Grayling provided invaluable insights into both the opportunities and challenges presented by this transformative technology.

The session highlighted practical strategies for integrating AI responsibly into communication functions, with a focus on human empowerment and organizational progress. Below, we recap the key takeaways and offer a summary of Grayling’s presentation, providing a roadmap for businesses looking to leverage AI effectively.

Key Insights from the Discussion

  • AI Evolution and Future Trends
    AI tools are rapidly advancing, and we’re on the cusp of seeing personalized AI assistants becoming a standard business tool. Companies must prepare for AI’s continuous evolution to remain competitive in a fast-paced digital environment.
  • Shifts in the Workforce
    As with previous technological revolutions, AI will lead to significant shifts in the job market. Certain roles will disappear, while others will emerge, emphasizing the need for adaptive skill development and forward-thinking workforce strategies.
  • Human-Centric Implementation
    Successful AI adoption is not just about technology—it’s 70% about people. Ensuring that AI integrates seamlessly with human interaction is critical to unlocking its full potential. AI should augment, not replace, human decision-making.
  • Leadership and Organizational Empowerment
    AI implementation must be driven by leadership, with clear ambitions, guidelines, and oversight. Top-down leadership ensures alignment across the organization and legitimizes AI as a vital tool for business success.
  • Time Savings and Efficiency
    A major indicator of AI’s success is its ability to save time and streamline processes. Smart integration of AI can lead to significant efficiency gains, allowing organizations to focus on higher-value strategic initiatives.
  • Empowering Talent
    Companies can unlock greater value by leveraging their top-performing employees to train others in the organization on how to utilize AI. This approach fosters internal growth and strengthens the overall workforce.
  • Measuring Success through KPIs
    Cost savings and operational efficiency are the primary metrics for measuring AI success. Companies that fail to adopt AI risk being left behind, missing opportunities for enhanced competitiveness and innovation.

A Comprehensive Guide to AI in Communications
Grayling’s whitepaper, Unlocking AI Innovation from the Ground Up, dives deeper into how businesses can harness the collaboration between humans and machines to foster innovation and drive results. The whitepaper covers crucial aspects of AI adoption, from ethical considerations to practical implementation tips, making it a valuable resource for businesses navigating the AI landscape.

Looking Ahead
As AI continues to develop, businesses must stay ahead of the curve, integrating AI strategically while maintaining a human-first approach. The insights shared during the Coffee & Conversation event offer a foundation for responsible AI adoption, empowering organizations to harness the benefits of this technology without losing sight of its human impact.

For more detailed information, we encourage members to explore Grayling’s whitepaper (created in partnership with Ainigma) with and stay engaged with our upcoming events as we continue these important discussions.

Whitepaper: Unlocking AI Innovation From The Ground Up

DOWNLOAD WHITEPAPER PDF HERE

Grayling: We Create Advantage

Grayling combines its expertise and perspective with our connection to people and place to identify and understand audiences and stakeholder groups, from investors, policy makers and NGOs to consumers, creators and CEOs. Over the years, the company has helped thousands of businesses connect and communicate with the people who matter. Through mission critical, audience first, creative communications Grayling has help navigate and create the conditions for our clients to thrive now and in the future. Grayling’s work is underpinned by its belief in the importance of ‘Mission Critical, Audience First, Creative Communications’. Learn more about Grayling and how it creates advantages for its clients: https://grayling.com/what-we-do/

Board of Trade holds 31st Fall Business Classic at National Law Enforcement Museum

Posted on by Board of Trade

The Greater Washington Board of Trade gathered more than 450 regional leaders and business professionals for our 31st Fall Business Classic on Sept. 26 at the National Law Enforcement Museum in Downtown D.C. This annual gathering celebrates the importance of working together to connect our business community.  

The evening was highlighted by the stunning venue, which provided a perfect backdrop for the occasion, along with captivating museum exhibits that offered a glimpse into our nation’s law enforcement history. The event was further elevated by lively and thought-provoking conversations on regional business issues, bringing together diverse perspectives and fostering an atmosphere of high energy and enthusiasm throughout the night. 

Regional collaboration is at the core of the Board of Trade’s mission, which makes convening the region’s leading business executives, community partners, and elected and appointed officials for meaningful conversations a valuable part of enhancing our region and its communities. 

Since our establishment in 1889, the Board of Trade has a history of bringing our region together for meaningful dialogues that lead to action. Over the decades this has included initiating D.C.’s subway development in the 1930s, helping form parks along our beautiful rivers, pushing for the development of the region’s airports, and helping bring organizations together to build entertainment and sporting venues in our region.  

View More Pictures on Flickr

To build on that legacy, we continue to foster connections and drive initiatives that have a lasting impact on our community. Our work thrives on collaboration, bringing together diverse voices and ideas to address the challenges and opportunities that shape our region’s future. This event is another step in that tradition, uniting leaders from various sectors to explore new possibilities and strengthen our collective vision. 

We’d like to extend our thanks to all the sponsors, participants, and staff who put in tremendous effort to make this event a success. We look forward to continuing to build a brighter future for the Greater Washington region, one meaningful connection at a time.  

We have more great featured events this fall for Board of Trade members. Learn more about the Capital Region Transportation Forum and our 2024 Annual Meeting.  

Thank you to the 2024 Fall Business Classic sponsors! Executive Sponsors: WGL, Ridgewells, Melwood; Specialty Sponsors: Design Foundry, Miles & Stockbridge, Washingtonian, Western Transportation; Supporting Sponsors: Crown Castle, Giant; Business Partners: Bank of America, Bechtel, Pepco, Truist, Wells Fargo 

Stay up to date on upcoming Board of Trade events here: https://www.bot.org/events 

Hope For the Warriors ‘Give Heart Give Hope’ Awards helps support veterans in Greater Washington

Posted on by Board of Trade

At the Greater Washington Board of Trade, we are proud to support organizations that make a meaningful impact in our region, and we are pleased to highlight Hope For The Warriors as they host the annual Got Heart Give Hope Awards Ceremony on October 16, 2024, at the MGM National Harbor.

This event is a key part of Hope For The Warriors’ mission to restore hope and provide vital support to the post-9/11 military community—many of whom live, work, and thrive right here in the Washington, D.C., area. The Greater Washington region is home to a significant number of veterans and active service members, and this awards ceremony offers a unique opportunity for the business community to honor their remarkable resilience and achievements.

Local businesses have a chance to take an active role in this event, highlighting their support for our military community while strengthening connections within the region’s business network. By participating, your company can directly contribute to the success of the awards and the ongoing work that Hope For The Warriors does for veterans and their families.

In addition to the awards ceremony, Hope For The Warriors will host a Welcome Dinner on October 15 at 6 pm at Osteria Costa, MGM National Harbor. This dinner will kick off the festivities and offer attendees the chance to network and participate in a silent auction to further support the mission.

Your participation and sponsorship of this event underscore your company’s commitment to our veterans and our community. For more information on how you can get involved, as well as sponsorship opportunities, we invite you to learn more. Together, we can help honor those who have given so much to our nation.

Ashley White Quinn named Board of Trade’s new Senior Program Manager

Posted on by Board of Trade

 

Ashley White “AW” Quinn was recently named the Senior Program Manager at the Greater Washington Board of Trade to continue our organization’s need to serve our members in a quick-moving, always-evolving business environment.

AW graduated from Grove City College in western Pennsylvania, where she completed her bachelor’s degree in communication studies. She has since honed her skills in event management, working in the nonprofit sector and the financial district in D.C. Most recently, she served as Events Manager for the Loudoun County Chamber of Commerce, where she planned 100+ high-quality and consistently profitable programs, meetings, and special events ranging from networking socials to industry-specific events to 500+ person galas each year.

AW hopes to bring the same passion for thought leadership, member engagement, and community vitality to her new role with GWBOT. Although a Nashville, TN native, she has called the DMV area home for over eight years and currently lives in Leesburg, VA.

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