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Xpect Solutions names new CFO
Fairfax County-based Xpect Solutions — an IT, cyber and infrastructure solutions provider to federal agencies — announced Tuesday that it has appointed Jeff Dohmann as chief financial officer. Dohmann has experience from financial leadership roles across private equity-backed firms in the federal sector. He was most recently interim CFO at Reston-based Raft and previously served […]
Spire Global taps new CFO
Vienna-based space-focused data and analytics company Spire Global has appointed Alison “Ali” Engel as its new chief financial officer, effective April 1. Engel brings nearly two decades of CFO experience, most recently serving in that capacity for LeaseAccelerator from 2023 to 2024. Before that, she was CFO and treasurer of media company Gannett from 2015 […]
First Bank names new exec VP and CFO
Former TowneBank President and Chief Operating Officer Brad E. Schwartz will join First National and First Bank as executive vice president and chief financial officer effective March 31. Strasburg-based First National, the bank holding company of First Bank, made the announcement Monday. Schwartz succeeds Shane Bell, who left late last year to become CFO for […]
Amid financial concerns, Averett University names new leadership
Averett University announced Wednesday that its board has appointed David Joyce as its 15th president. Tiffany Franks, who has served nearly 17 years as president of the Danville private university, will retire Jan. 5, 2025. The leadership change comes following months of headlines about the school’s financial woes and cost-saving measures like staff furloughs and […]
Dollar Tree CFO stepping down
Dollar Tree Chief Financial Officer Jeff Davis is leaving the Chesapeake discount retailer after two years, the company announced Wednesday. Davis will stay through the filing of the company’s fiscal 2024 report to the Securities and Exchange Commission, Dollar Tree said. “We thank Jeff for his service and appreciate the contributions he made to the […]
Inova makes acting CFO permanent
After serving in an acting capacity since March, Rick Talento is now Inova Health’s permanent chief financial officer, the Falls Church-based regional health system announced Wednesday. Talento will continue to be responsible for the system’s financial operations and will also be responsible for planning and forecasting. He succeeds Alice Pope, who is now CFO of […]
Alexandria Restaurant Partners promotes CFO
Nazia Millwala has been promoted to chief financial officer for the Alexandria Restaurant Partners, the restaurant operator announced Monday. Millwala joined ARP in January 2022 as the vice president of finance, and she helped restructure ARP’s financial framework. In her new role, she will lead the company’s finances and people management as well as working […]
2024 Virginia CFO Awards: Nonprofits: John Zabrowski, VHC Health
VHC Health Chief Financial Officer John Zabrowski zeroed in on accounting and finance early in life, double majoring in the subjects at Indiana University’s Kelley School of Business and then doing two internships in public accounting after graduation. “I love economics, I love statistics,” he says. “I found that I was really attracted to the […]
Beyond number crunching
Becoming a chief financial officer requires much more than just being a good accountant or number cruncher. Indeed, the Journal of Accountancy in 2023 reported a noticeable shift of the top finance officer’s job from being a “CF-No” — or someone who just pulls tight the purse strings — to the “CF-Know.” That’s a leader […]
Out & About August 2024
On June 13, Virginia Business honored the winners of the 2024 Virginia CFO Awards during the magazine’s annual black-tie banquet at Richmond’s Jefferson Hotel. Photos by Rick DeBerry. 1. L to R: Virginia CFO Awards nominee Paul Huckfeldt of Hooker Furnishings and wife, Annette; 2024 CFO Awards winner Joel Flax of Cohen Investment Group and wife, […]
2024 Virginia CFO Awards: Large Business: Sean Daily, CAES
Sean Daily, chief financial officer of Arlington County defense technology contractor CAES, didn’t set out to forge a career in defense. But an interest in corporate finance, sparked by an internship at Marriott International, combined with an opportunity to join Lockheed Martin after his graduation from Virginia Tech. Soon enough, “I developed an interest in […]
2024 Virginia CFO Awards: Small Business: Joel Flax, Cohen Investment Group
Joel Flax hadn’t planned on serving as a chief financial officer after retiring from a full-fledged career as an accountant and tax advisor. But it also wasn’t the first time he made an unexpected career shift. In college, he had wanted to be a sportswriter. But shortly after graduating from William & Mary with a […]
