The Potomac KnowledgeWay Project announced today that current board member
Fred Bollerer will assume the newly-created position of president and CEO
as part of the KnowledgeWay's effort to position itself for the next phase
of its evolution.
"Fred will bring strong business leadership to the KnowledgeWay's
operation," said KnowledgeWay Chairman Mario Morino. Bollerer is former
president and CEO of Riggs Bank.
Dr. April Young, who has served nearly two years as the KnowledgeWay's
executive director, will leave that position but will continue as a board
member and serve as a consultant to the KnowledgeWay.
Bollerer will assume many of Dr. Young's responsibilities and expand
on the KnowledgeWay's regional mission by building on the foundation she
"At this point, as it evolves from its entrepreneurial beginnings,
the KnowledgeWay and the region will benefit from Fred's background as a
strong business executive," said Morino.
"He is well suited to further expand the KnowledgeWay's role in
positioning the Greater Washington region as a global center in the digital
age," Morino added.
Under Dr. Young's leadership, the KnowledgeWay succeeded in raising
Greater Washington's awareness of the region's strengths in communications
and content that surround computing technologies; in creating and fostering
a vibrant entrepreneurial environment; and in focusing attention on the
region's long-term potential in digital information products and services.
"April has been a dynamic force in helping the KnowledgeWay fulfill
its original mission to position the region as a vibrant economic and
entrepreneurial center," said Morino.
Morino will remain as chairman of the KnowledgeWay, which he formed
in 1995. The KnowledgeWay is committed to making the Greater Washington
region a global leader in digital information products and services.
# # #