The Fairfax County Economic Development Authority (FCEDA) Commission announced Monday that president and CEO Victor Hoskins will step down from his role and return to the private sector. Hoskins was one of our 50 Most Influential People in Northern Virginia in 2024 and 2025.
In his role at FCEDA, Hoskins focused not only on growing the county, but the entire region. “Hoskins also leaves a powerful legacy of developing greater regional collaboration,” FCEDA said in the release. For example, he helped Arlington land Amazon’s HQ2 in 2019. He also worked with other counties to form the Northern Virginia Economic Development Alliance to cooperatively attract businesses and employees.
FCEDA said that, during Hoskins’ tenure, the agency helped secure nearly 64,000 jobs and assisted more than 13,000 small businesses. FCEDA’s Talent Initiative program has engaged more than 17,000 employers and connected more than half a million job seekers to opportunities. More recently, amid federal government buyout and layoffs, FCEDA collaborated with its partners to assist displaced government workers.
Under Hoskins’ leadership, Fairfax County’s gross domestic product also grew by more than $47 billion, reaching $177 billion. He worked with several high-profile companies to make substantial commitments to the county. These include Microsoft, Google, Meta, Volkswagen Group of America, StarKist, Amentum, Hilton, Clark Construction, and Blue Origin.
Hoskins will leave FCEDA by the end of the year. His new role will be as an adviser to organizations such as family investment offices, Washington Business Journal reported.
“Leading the Fairfax County Economic Development Authority has been a great honor,” Hoskins said. “I am deeply proud of the exceptional FCEDA team and the vibrant business community we serve — from small businesses that form the backbone of Fairfax County to innovative startups and global industry leaders. I am confident that the spirit, talent, and commitment that define this organization will carry it to even greater heights.”
Feature photo by Emily Campos
