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Wednesday, November 09, 2005

Nation's Largest Small-Business Lobby Taps New President

Nation's Largest Small-Business Lobby Taps New President: "

Nation's Largest Small-Business Lobby Taps New President

Tech veteran Todd Stottlemyer will take the reins at the National Federation of Independent Business.

By: Angus Loten
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."

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