Stephen Cheung serves as President and Chief Executive Officer of the Los Angeles County Economic Development Corporation (LAEDC) and its subsidiary, the World Trade Center Los Angeles (WTCLA). He leads the organization's vision of a "Coalition of One – Economy for All," bringing regional partners together to expand access to good-paying jobs, entrepreneurship, investment, and economic opportunity for all Angelenos.
Since assuming leadership in 2023, Stephen has led a transformation of LAEDC's mission, structure, and regional impact. Under his direction, LAEDC has adopted an integrated strategy combining business growth and attraction, workforce development, economic research, international trade, and strategic engagement. This approach positions LAEDC as a regional economic "Do Tank"—moving beyond analysis to build actionable regional strategies, coordinate implementation, and transform shared priorities into measurable results.
Central to Stephen's strategy is building competitive industry clusters that can drive long-term growth throughout Los Angeles County. LAEDC works with business, non-profit, labor, education, government, philanthropy, and community partners to identify opportunities, remove barriers to growth, strengthen supply chains, prepare businesses and workers for emerging opportunities, and attract domestic and international investment.
LAEDC's priority industries include healthcare, aerospace and defense, space commercialization, the creative economy, bioscience, sports and entertainment, the visitor economy, and trade and logistics. Through actionable industry blueprints and coordinated regional partnerships, LAEDC is helping the County build upon its economic strengths while creating pathways for residents, small businesses, and entrepreneurs to participate in regional growth.
Stephen's leadership has reinforced LAEDC's role as a regional economic development institution serving the County's 88 cities, more than 120 unincorporated communities, and diverse population. Through business assistance, industry research, workforce initiatives, international trade and investment programs, and cross-sector coordination, LAEDC helps businesses remain, expand, and invest in the region. Its work connects employers with talent, strengthens small-business and supplier networks, supports public and private decision-making, and advances quality job creation.
Stephen has helped lead major initiatives including California Jobs First, Together for LA, and LAEDC's affinity economic reports, which highlight the contributions and opportunities of the County's diverse communities. During more than a decade with LAEDC and WTCLA, he has expanded international partnerships, supported small-business growth, promoted Los Angeles County as a destination for trade and investment, and secured resources to advance economic mobility and resilience.
Previously, Stephen held senior City of Los Angeles leadership roles under Mayors Eric Garcetti and Antonio Villaraigosa. As Secretary General and Managing Director of International Trade and Foreign Affairs, he oversaw programs involving the Port of Los Angeles, Los Angeles World Airports, international affairs, trade, and clean technology. He concurrently served as the Port of Los Angeles' Director of International Trade.
Stephen serves on numerous civic, economic development, business, and education boards and advisory bodies. A proud Angeleno, he holds a Master of Social Welfare and a Bachelor of Science in Psychobiology from UCLA. His journey—from busboy and garment worker to representing Los Angeles globally—shapes his commitment to an economy in which every Angeleno can contribute, build a business, secure a good-paying job, and share in the region's prosperity.