Seattle Metropolitan Chamber of Commerce
Facts
- HQ
- Seattle
- Sectors
- Economic development, Business advocacy, Chamber of commerce
- Employees
- 2600
Independent report: Seattle’s JumpStart payroll tax penalizes senior hires and concentrates revenue in 10 largely tech firms, risking $50M loss if one large employer shifts 10,000 workers
An independent 127-page City of Seattle-commissioned study finds the city’s tax structure, notably the JumpStart payroll tax, disproportionately penalizes hiring senior high‑pay workers and concentrates revenue risk in a few large tech employers. Researchers warn that reliance on a small number of firms—10 companies account for three-quarters of the payroll tax on large employers—exposes Seattle to significant fiscal vulnerability if large employers relocate or stock‑based compensation fluctuates.
Marc Whitten, ex-Microsoft Xbox exec, named president and CEO of Dolby Laboratories as Kevin Yeaman retires
Marc Whitten, a veteran of Microsoft, Sonos, Amazon, Unity, Cruise and Meta, was named president and CEO of Dolby Laboratories, succeeding longtime leader Kevin Yeaman. Fred Hutch announced leadership changes naming Dr. Lawrence Fong as senior VP and director of Translational Science and Dr. Andrew Hsieh as the inaugural endowed chair, and Microsoft AI saw executive departures including CMO Andréa Mallard.
Tech Veteran Joe Nguyen Named Seattle Metropolitan Chamber CEO to Drive Regional Economic Growth and Address Business-Political Divides
Joe Nguyen, former Washington State director of commerce and tech veteran, has become president and CEO of the Seattle Metropolitan Chamber of Commerce to focus on driving the economic engine of the Puget Sound region. He aims to bridge divides between business and politics and secure economic opportunities for future generations amid evolving challenges like AI.
People
-
Ambika Singh Board Member
-
Boaz Ashkenazy Board of Trustees
