Mitman has run LVEDC for four years.
Phil MitmanHe will stay on the job at LVEDC until April 30. In the meantime, the board will form a search committee and conduct a national search for a replacement.
Mitman said he will be releasing a statement regarding his departure later today.
Mitman, a former mayor of Easton, has run the region’s chief economic development organization since 2008.
LVEDC helps arrange loans and grants to area employers as well as assist out-of-town companies with relocations here.
The organization said in October it would work on a succession plan for Mitman in 2012.