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TowneBank president and COO retiring

TowneBank President and Chief Operating Officer Brad E. Schwartz will retire on Dec. 31, the Suffolk-based bank announced Wednesday.

Schwartz will also step down as a director when his current term expires at the 2023 annual shareholder meeting. He will serve as a senior adviser through 2025 to assist with the transition.

“Our Towne family is deeply appreciative of the exceptional contribution Brad has made to the growth and prosperity of our company. As our president and chief operating officer, he has provided executive leadership throughout the company, along with leading the enhancement of our operational infrastructure to support a doubling of bank assets during the past six years,” TowneBank Executive Chairman G. Robert Aston Jr. said in a statement.

Schwartz joined TowneBank as COO in 2016, when it merged with Monarch Bank, where he had been CEO since 2009. From 2004 to 2009, he served as chief financial officer/chief operating officer of Monarch Bank. He became president of TowneBank in July 2021.

“I treasure my 18 years in Hampton Roads with both Towne and Monarch Bank, and 38 years in community banking in Virginia,” he said in a statement. “I have decided to retire from banking full-time and focus on the next chapter of my life. I am proud of all that we accomplished during my tenure at both banks and am confident that Towne will continue to grow and prosper in the years ahead.”

William I. “Billy” Foster III will succeed Schwartz as president in addition to succeeding J. Morgan Davis as CEO at the end of the year.

Founded in 1999, TowneBank now has more than 40 banking offices throughout Hampton Roads and Central Virginia and in North Carolina. TowneBank ended 2021 with a net income of $215.4 million, a 48% increase over 2020. Total assets were $15.38 billion on average for 2021. As of Sept. 30, 2022, TowneBank had total assets of $15.95 billion.

Chippenham Hospital names new COO

Drew Walker will be the new chief operating officer at Richmond’s Chippenham Hospital beginning Oct. 24, HCA Virginia announced this week.

Walker is currently the vice president of operations for HCA’s Richmond-based Parham Doctors’ Hospital, where he has overseen capital projects and strategic growth initiatives around orthopedics, spine and bariatric surgery. He also launched two robotic platforms and helped launch a colorectal service line.

“We look forward to welcoming Drew to Chippenham and know his leadership will bolster the work of our medical staff and colleagues, which already has a strong foundation,” Dr. William Lunn, CEO of Chippenham and Johnston-Willis hospitals, said in a statement. “His leadership experience makes him the right choice to lead our operations.”

In 2013, Walker started his career as an administrative resident for Bon Secours’ St. Francis Medical Center in 2013 and became the regional director for OrthoVirginia in 2014. Walker returned to Bon Secours in 2016, serving as the administrative director for the orthopedic service line, then as the market administrative director for Bon Secours’ orthopedics, spine, neurosurgery and sports medicine service lines before joining Parham Doctors’ Hospital in 2019.

He has a bachelor’s degree from Hampden-Sydney College and a master’s degree in health care administration from Virginia Commonwealth University.

A subsidiary of Nashville, Tennessee-based HCA Healthcare, HCA Virginia Health System operates 14 hospitals, 27 outpatient centers and five freestanding emergency rooms, many of which are clustered in Northern Virginia and Central Virginia. HCA Virginia is affiliated with 3,000 physicians.

Virginia Tech appoints COO from W&M

Virginia Tech announced Wednesday it has named Amy Stoakley Sebring, currently chief operating officer at William & Mary, as its executive vice president and COO, effective Nov. 1.

“I am very pleased to welcome Amy to the university community and our leadership team,” Virginia Tech President Tim Sands said in a statement. “She brings a deep understanding of the business of higher education; great expertise in supporting the teaching, research and engagement mission; and strong relationships in Richmond and higher education in the commonwealth.”

Chris Kiwus has been serving as interim senior vice president and chief business officer while Tech searched for a permanent COO.

Sebring will report to the Sands and work with the executive vice president and provost, the executive leadership team and the Virginia Tech Board of Visitors. She will lead financial and operational activities, including information technology, human resources, policy and governance and planning and facilities management.

“President Sands’ transformational vision to become a top 100 global research university, and the clear momentum the university has to achieve this, captured my interest immediately,” Sebring said in a statement. “As Virginia Tech looks to the future, it is critical that the university align its human, capital, technological and financial resources strategically to maintain and accelerate this momentum.”

Sebring has worked in senior financial management positions at William & Mary for the past seven years. She became COO in 2020 after serving as the school’s chief financial officer and vice president for finance and technology since 2016.

From 2006 to 2016, Sebring served as senior associate dean for finance and administration at Virginia Commonwealth University’s School of Medicine and as the executive director of MCV Physicians, the affiliated faculty physician group practice.

Before entering the higher education field, Sebring worked for Virginia state government. She held varying roles, including as a higher education and debt analyst for the Virginia Senate Finance Committee, finance policy director for the State Council of Higher Education for Virginia and a budget analyst for the Virginia Department of Planning and Budget.

She began her career as a research associate with the Education Commission of the States, a Denver-based nonpartisan policy organization.

Sebring served as the 2020-21 chair of the Council of State Senior Business Officers. She previously was the 2018-19 vice chair. From 2015 to 2016, Sebring served as chair of the Association of American Medical Colleges’ Group on Business Affairs.

She has a bachelor’s degree from Duke University, a master’s degree in public policy from William & Mary and a certificate in accounting from Virginia Commonwealth University.

Accenture Federal Services promotes chief leadership officer

Arlington-based Accenture Federal Services promoted Elaine Beeman to chief leadership officer on Sept 2.

In her new role, Beeman will focus on employee experience and succession planning and will continue leading the federal contractor’s civilian portfolio.

Beeman joined AFS in 2009 as managing director of customer relationship for Accenture’s health and public service business. In 2015, she became lead for AFS’ civilian portfolio, focusing on workforce development and inclusion and diversity initiatives.

“Leadership development is a fundamental part of building an exceptional workplace for our employees,” Beeman said in a statement. “I look forward to coaching, mentoring and inspiring the extraordinary talent within Accenture Federal Services to take the company’s growth to the next level.”

Beeman joined AFS’ parent company, Accenture LLP, in 1993 and spent two years with Accenture in Australia, where she led the business transformation team for Telstra, an Australian telecommunications company. Before joining Accenture, Beeman led customer service and marketing programs at AOL.

Beeman earned her bachelor’s and master’s degrees from the University of Delaware.

Accenture Federal Services is a wholly owned subsidiary of Accenture LLP, part of Irish Fortune Global 500 company Accenture PLC. Accenture has more than 710,000 employees across 120 countries and reported $50.5 billion in fiscal year 2021 revenue.

Reston’s Trucker Tools names COO

Reston-based Trucker Tools, a software company that provides a digital freight management platform for the transportation industry, announced last week it had appointed Rohit Bezewada as chief operating officer.

Bezewada succeeds Kary Jablonski, who became CEO of Trucker Tools earlier this year.

“Rohit is an accomplished executive who brings over 10 years of cross-functional experience across engineering, product, strategy, business development and finance to Trucker Tools,” Jablonski said in a statement. “We are excited to welcome him to the Trucker Tools team and look forward to his leadership and expertise as we continue to scale the company and provide sustained value for our customers.”

Bezewada was most recently an investment banker at JP Morgan Chase & Co. Before joining JP Morgan, he worked as strategy and operations manager and then as business development manager for Uber Technologies Inc.

Bezewada holds a bachelor’s in mechanical engineering from the National Institute of Technology Karnataka in Surathkal, India. He also holds a master’s degree in mechanical engineering from the University of Texas at Austin and an MBA from the University of Chicago Booth School of Business.

Founded in 2013, Trucker Tools offers a software suite with capacity management, predictive freight matching, automated booking, real-time GPS-based visibility and digital workflow solutions. Walnut Creek, California-based software company ASG acquired Trucker Tools last year.

A portfolio company of San Francisco-based private equity firm Alpine Investors, ASG specializes in acquiring vertical SaaS companies and has acquired 35 companies including Trucker Tools.

Booz Allen Hamilton promotes exec to COO

McLean-based Fortune 500 global management consultant Booz Allen Hamilton Inc. announced Friday that it had promoted executive Kristine Martin Anderson to chief operating officer, effective June 1.

Anderson is currently an executive vice president and president of the firm’s civil sector division.

“She has demonstrated the ability to grow and manage technology-first businesses, develop talented leaders, help senior clients transform and integrate acquisitions, all while consistently delivering strong financial results,” Booz Allen President and CEO Horacio Rozanski said in a statement. “As COO, Kristine will work closely with me as well as other leaders to drive operational performance, accelerate the execution of our strategy and help us gain efficiencies that lead to faster growth.”

Anderson has been with Booz Allen for more than 16 years. She has led the company’s civil sector business for the past four years and previously led Booz Allen’s health business. “Booz Allen has the benefit of both incredible leadership talent and strong market positioning across the entirety of government,” Anderson said in a statement. “As COO, I look forward to working with a broad group of those leaders to unlock the next level of performance.”

Before joining Booz Allen in 2006, Anderson was vice president for operations and strategy at CareScience, a Philadelphia-based software solutions company.

She serves on the board of directors for Executives for Health Innovation and is co-chair of the National Quality Forum’s Cost and Resource Use Standing Committee.

Anderson holds a bachelor’s degree in neurobiology from the University of Pennsylvania and an MBA from The Wharton School of the University of Pennsylvania.

Rich Crowe, an executive vice president serving as Booz Allen’s chief growth officer, will succeed Anderson as president of the firm’s civil sector. He has been with Booz Allen for 17 years.

Booz Allen employs approximately 29,500 workers globally, with about 10,000 employed in Virginia. For the 12 months ended March 31, 2021, Booz Allen reported revenues of $7.9 billion.

Bon Secours Richmond president leaving for Pa. health system

Bon Secours Mercy Health Richmond President Faraaz Yousef will be leaving the health system to become chief operating officer and an executive vice president for Pennsylvania-based WellSpan Health.

He will end his tenure at Bon Secours on April 29 and the health system is conducting a national search for his successor.

“Faraaz has led the Richmond team through one of the most challenging times in health care, navigating a global pandemic while simultaneously expanding access to care in the Richmond region,” a Bon Secours spokesperson said in an email. “He led the effort to break ground on a new emergency department facility in Chester, Virginia, and the renovation of Rappahannock General Hospital. He and his team also successfully integrated two new hospitals and the acquisition of a large orthopedic physician practice into the Richmond Market.

Yousef starts his new role on June 6, succeeding John Porter, who plans to retire June 30, a WellSpan Health spokesperson said in an email. WellSpan owns seven hospitals in central Pennsylvania.

Yousef has served as president of the Bon Secours’ Richmond market since December 2019 following Bon Secours and Mercy Health completed their merger in 2018. He joined Bon Secours Mercy Health in July 2019 as chief strategy officer of the Atlantic Group, a role in which he was responsible for strategic planning across Virginia, South Carolina, Florida, New York and Maryland. Yousef has overseen seven hospitals and three freestanding emergency centers as market president.

In January 2020, Bon Secours finalized its purchase of Southside Regional Medical Center in Petersburg, Southern Virginia Regional Medical Center in Emporia and Southampton Memorial Hospital in Franklin. The health system had previously announced the acquisition in October 2019. In November 2021, Bon Secours acquired Richmond-based Tuckahoe Orthopaedics.

The system is working on a $50 million expansion of Memorial Regional Medical Center in Mechanicsville and a $119 million expansion of St. Francis Medical Center in Chesterfield County. In 2021, Bon Secours began working on a $30 million free-standing emergency center in Chester.

He previously worked with Baltimore-based LifeBridge Health as president of its Northwest Hospital and a senior vice president. Beforehand, Yousuf was COO of Sutter Health’s Sutter Medical Center in Sacramento, California, and prior to that, COO of Good Samaritan Hospital in San Jose, California, for HCA Healthcare (then Hospital Corp. of America).

Yousuf holds a master’s in health care administration and a bachelor’s degree in psychology from Virginia Commonwealth University. He serves on the board of directors for Virginia Hospital & Healthcare Association.

One of the top 20 health systems in the United States, Bon Secours Mercy Health was formed in 2018 following the merger of Bon Secours Health System and Cincinnati-based Mercy Health.

VCU Health names first COO

Virginia Commonwealth University’s inaugural chief operations officer is Michael Elliot, effective May 15, the system announced Monday.

“Operational excellence matters because it allows us to expand services into more communities,” Elliott said in a statement. “VCU Health is continuing an exciting journey of growth, and I am excited to strengthen our operational efficiency to better serve our patients, team members and the community at large.”

Elliott comes from Centra Health, where he is the senior vice president and chief transformation officer for Centra Health. In this role, he leads the health system’s strategy, business development, community health, government relations, and external affairs, as well as the Centra Foundation. Elliott developed and launched the system’s Community Health Department to focus on health equity and coordinated a community collaborative to carry out a regional COVID-19 vaccination and education campaign.

“Implementing this new COO role at the system level is a pivotal step as we continue to develop equitable, high-quality, cost-effective and integrated clinical programs across all our hospitals and clinics,” VCU Health System CEO Dr. Art Kellermann said in a statement. “Dr. Elliott has a strong record of improving the performance of integrated health systems that span the entire continuum of care, which made him stand out among a talented pool of candidates from across the country.”

From 2015 to 2020, Elliott served as Centra’s senior vice president and health system COO, and served as interim president and CEO for one of those years. Before that, Elliott served in several roles at Sentara Healthcare, where he started as a clinical pharmacist.

He holds a doctorate degree in pharmacy and a master’s in health administration from VCU. Elliott is a fellow of the American College of Healthcare Executives.

Elliott serves on several boards and committees including the Virginia Center for Inclusive Communities and the American Hospital Association Community and Population Health Advisory Committee.

LewisGale Medical Center names new COO

Salem-based LewisGale Medical Center has named Willie Payton Jr. its new chief operating officer, the hospital announced March 17.

Payton comes to the 506-bed acute-care medical and surgical facility from Johnston-Willis Hospital in Richmond, where he was vice president of operations.

“We are excited to welcome Willie to our executive team and leverage his experience managing multiple interdisciplinary teams,” Lance Jones, LewisGale Regional Health System CEO and market president, said in a statement.

Payton has also held a number of administrative roles with the Department of Veterans Affairs Medical Centers for more than a decade.

A Cleveland native, he earned a bachelor’s in organizational communications and a master’s in health services administration from Xavier University.

Arcfield hires pair for leadership roles

Chantilly-based defense contractor Arcfield has hired Robert Gallegos as chief operating officer and Chris McCall as chief administration officer.

Both will report to Arcfield CEO and Chairman Kevin Kelly, who was named CEO and chairman in December 2021.

Formerly called CTFV Acquisition Corp., Arcfield is a portfolio company of The Veritas Capital Vantage Fund LP. The company provides systems engineering and integration capabilities to defense clients. In September 2021, Herndon-based government contractor Peraton sold its systems engineering, integration and support services business to CTVF, prompting the change to Arcfield.

Gallegos and McCall were part of the LGS Innovations leadership team, who, with Kelly, led the company through a spinoff from Lucent Technologies Inc. and then an acquisition by Reston-based Fortune 500 federal contractor CACI International Inc.

Gallegos will oversee day-to-day performance and management of Arcfield’s business sectors. McCall will help plan, define and execute corporate strategy with responsibility over business operations, investment management and strategic growth.

“I am pleased that Robert and Chris have joined the leadership team at Arcfield,” said Kelly in a statement. “Their dedication to mission, innovation-first mindset and proven experience and success serving intelligence and defense customers will be invaluable to Arcfield as we further establish our place in the market. I look forward to building on our already strong and established working relationship at Arcfield.”

Arcfield has 16 offices around the world and 1,200 engineers, analysts, IT specialists and other employees.