Terry Elam, chairman of the Development Authority of Richmond County, told today's meeting of the group that he will relinquish his position at the end of the year.
Elam has served for two years in the role and said he is stepping down to take over as chairman of the executive committee at the Augusta Metro Chamber of Commerce. He will remain a member of the authority’s board.
“I just don’t think one person should hold both of those positions,” he said. “We have a lot of talented people here in Augusta.”
A nominating committee will be formed in November and a new chairman should be selected by December.