Erik Clemons Will Step Down as ConnCORP CEO

The leader will depart his role on October 7, 2026, after eight years of service to the organization.

Updated on Sept. 25, 2026 in People

Erik Clemons Will Step Down as ConnCORP CEO

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ConnCORP CEO Erik Clemons will officially step down from his position on October 7, 2026. He also announced his resignation as CEO of ConnCAT after an eight-year tenure leading the New Haven-based group.

Why it matters

Clemons stated that the organization requires fresh perspectives to continue its community-focused mission. The board of directors has begun the process of selecting a new leader to guide the next phase of the firm's projects.

Clemons served as CEO for eight years and oversaw the launch of the Wealth Accelerator program in 2021. The group is currently preparing to distribute over $500,000 in capital through its Cash Catalyst initiative.

The players

Erik Clemons

He is the outgoing CEO of ConnCORP and ConnCAT who served in the leadership role for eight years.

ConnCORP

This New Haven-based organization focuses on economic development and community revitalization.

ConnCAT

Located at 150 Dixwell Avenue, this center works alongside ConnCORP to provide community resources.

The details

ConnCORP continues to operate its various community initiatives, including the first building of the First Haven project. The organization, which partners with local residents and national groups, maintains its headquarters at 150 Dixwell Avenue.

2020: Launched COVID-19 relief and the Economic Justice Fund.
2021: Began the Wealth Accelerator program.
September 25, 2026: The resignation of Erik Clemons was announced.
October 7, 2026: Erik Clemons will officially step down as CEO.

Market Landscape

The leadership change arrives as ConnCORP shifts its focus toward the next phase of the First Haven project in New Haven. This transition follows an era of expansion that included the 2021 launch of the Wealth Accelerator program.

Residents and community partners can expect continuity in programs like the Cash Catalyst initiative as the board manages the leadership search. The organizational transition will not halt progress on current local development projects.

The takeaway

The departure marks a major change for the New Haven nonprofit sector after nearly a decade of growth under the same leadership. The transition highlights the organization's focus on long-term sustainability through board-led succession planning.