Nov. 7, 2005--A veteran technology executive with a reputation for "getting things done" has been tapped to head the National Federation of Independent Business, the nation's largest small-business advocacy group.
Todd Stottlemyer, the current CEO of Apogen Technologies, a McLean, Va.-based information-technology firm, will take over the top post early next year, NFIB chairman Thomas Musser said Monday.
Stottlemyer replaces current president and CEO Jack Faris, who announced his retirement in March. The move makes Stottlemyer only the fifth leader in the 62-year history of NFIB, which today boasts more than 600,000 members. Faris led the Washington-based advocacy group for 13 years.
As the former president of McGuire Woods Consulting and managing director of McGuire Woods Capital Group, Stottlemyer has experience advising technology companies on growth strategies, acquisitions, and investments. Prior to that, at BTG, a Fairfax, Va.-based information-technology firm, he helped lead a financial turnaround, returning the company to profitability and boosting net income to an 18-year high.
In a statement released Monday, Musser hailed Stottlemyer as someone who "truly understands the needs and challenges facing small business today," combining a solid business background with an active involvement in the policy and political arena. "He's the right person at the right time," Musser said.
Sen. George Allen, who as governor of Virginia appointed Stottlemyer to the Commission on Competitive and Equitable Tax Policy, called the move a "coup" for the NFIB. "He's got the right experience, knowledge and relationships with business, political and community leaders," Allen said in a statement.
Congressman Jim Moran, a Virginia Democrat, described Stottlemyer in a statement as a "no-nonsense, competent businessman who understands how public policy affects business and can get things done."