Michael Fassnacht, a former advertising executive and the city’s top corporate pitchman, is stepping down as CEO of World Business Chicago in February. The decision, announced Tuesday, will end a nearly four-year run as chief marketing officer and then head of the city’s public-private economic development arm, where Fassnacht navigated the challenges of the pandemic, corporate relocations, hybrid work and soaring downtown vacancies with unusual campaigns and an unwavering pro-Chicago mindset. “It was four intense, fascinating years, and I learned more about the city and this country than in my 20 years before living in this country,” said Fassnacht, 56, a German immigrant who made Chicago
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