
Stephen Cheung - President and CEO of LAEDC & WTCLA | Los Angeles Leaders
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Stephen Chung's journey from immigrant child to economic development leader offers a masterclass in resilience and coalition building. After arriving from Hong Kong at age eight and quickly facing family upheaval, Stephen found himself working alongside his mother in sweatshops, earning half a penny per shirt thread he cut. These early experiences with economic hardship fundamentally shaped his understanding of opportunity and equity.
What makes Stephen's leadership approach distinctive is how he transformed perceived weaknesses into strengths. As a self-described introvert who once struggled with public speaking, he learned to "perform" effectively while maintaining authenticity. This balance between vulnerability and capability resonates throughout his career trajectory—from social worker to governmental advisor to his current role leading LA's economic development efforts.
The podcast reveals fascinating behind-the-scenes moments from Stephen's career, including facilitating high-level international relationships during his time at the Port of Los Angeles and arranging for then-Chinese Vice President Xi Jinping to visit Los Angeles.
At the heart of Stephen's philosophy is a commitment to data-driven decision making balanced with genuine human connection. His team at LAEDC produces comprehensive economic research while ensuring that information translates into tangible opportunities for all Angelenos. His newly articulated vision, "A coalition of one, an economy for all," encapsulates his belief that regional prosperity depends on collaboration rather than competition.
For listeners navigating their own leadership journeys, Stephen offers refreshingly practical advice about embracing "scrappiness," learning through observation, and finding strength in diversity of experience. His story demonstrates how personal history—even painful chapters—can inform compassionate and effective leadership. Ready to reimagine what economic development looks like when it centers both prosperity and equity? This conversation provides an inspiring blueprint.
📌 ABOUT OUR GUEST:
🔹 Name: Stephen Cheung
🔹 Title: President & CEO
🔹 Organization: LAEDC & WTCLA
🔹 Guests Social: https://www.linkedin.com/in/st
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