UCLA Luskin Board of Advisors member Stephen Cheung has been named as the new president and CEO of the Los Angeles County Economic Development Corporation (LAEDC), succeeding longtime president Bill Allen when he retires in January. Cheung, a double Bruin who earned his master’s in social welfare at UCLA in 2007, is currently the chief operating officer at the nonprofit organization, which focuses on equitable economic growth in the region. He also leads the LAEDC-affiliated World Trade Center Los Angeles and previously managed policies and programs related to the Port of Los Angeles. “Our staff, board and I all agree that LAEDC will be in excellent hands under the leadership of our COO Stephen Cheung,” Allen said in a news release. “Stephen has been a tremendous partner to me in leading the LAEDC and WTCLA for the past seven years, and I’m genuinely excited to see where he will take the organization over the next decade.” Los Angeles County Board of Supervisors chair Holly J. Mitchell said, “Stephen has been a steadfast champion to crush the digital divide and to ensure an economy that works for all county residents. We are indeed grateful for Bill Allen’s 17 years of service and look forward to working with Stephen Cheung in the years ahead.” An active alumnus who has been a member of the Board of Advisors at the Luskin School since 2018, Cheung helped conceive the School’s annual Luskin Summit event and continues to serve on its organizing committee.