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2021 BANKRUPTCY / CREDITORS’ RIGHTS LAW Q&A
Ann Burke Brogan Davey | Brogan PC, Norfolk Title: Partner Other legal specialties: Business law, including maritime business and commercial litigation Birthplace: Alexandria Education: Bachelor’s degree, Davidson College; Law degree, William & Mary School of Law Spouse: Patrick Brogan (also my law partner) Children: Three, plus a son-in-law and a daughter-in-law Recently read book: “T[...]
![“Congress is looking at ways to raise additional revenue and taxes and ultimately [may] discourage people from investing in IRAs,” says Jeff Grinspoon, managing director and partner of VWG Wealth Management at Hightower Advisors in Vienna. Photo by Will Schermerhorn](https://virginiabusiness.com/files/1/2021/11/Va-Biz-Grinspoon-Mega-IRAs-2142.png)
Supersize means
Watch your nest egg, particularly if it is extra-large. As Congress scrambles to hike taxes on the wealthy and fund trillions of dollars in social spending, legislators see a potential goldmine in so-called mega individual retirement accounts. Mega IRAs, defined as individual retirement accounts containing at least $5 million, are being touted as a hot […]
The Motley Fool hires chief diversity and inclusion officer
Alexandria-based financial services company The Motley Fool Holdings Inc. has hired its first chief diversity and inclusion officer, the company announced Wednesday. Rachel Williams joined the company on Nov. 12. She will work on recruiting, leadership development, employee engagement and retention. Her focus will also include advising The Motley Fool’s product and marketing teams. Williams [...]
SPAC-ulative finance
One of the hottest investment tools in the past year and a half has imploded. But don’t give up on special purpose acquisition companies, or SPACs as these peculiar financial structures are called, industry experts say. Also called blank-check companies, SPACs are here to stay, but not necessarily at the high-flying levels of 2020 and […]
JMU SVP of administration and finance announces retirement
Charlie King, James Madison University’s senior vice president of administration and finance for the past 25 years, has announced he will retire in December, the university said Monday. “On behalf of the entire university community, I congratulate Charlie on his retirement and share deep appreciation for the foundation he has laid, his support and his […]
Va. Community Capital names new president and CEO
Richmond-based nonprofit Virginia Community Capital (VCC) has hired Amir Kirkwood as its president and CEO, following founding executive director Jane Henderson’s January announcement of her retirement. He will assume the role on Nov. 1. “I am excited about Amir’s choice to join our organization,” Henderson said in a statement. “He brings the talent and market […]
Finance | Insurance
JOHN ASBURY PRESIDENT AND CEO, ATLANTIC UNION BANKSHARES, RICHMOND A native of Radford who graduated from Virginia Tech and received his MBA at William & Mary, Asbury now leads the largest regional bank headquartered in Virginia. Atlantic Union, which employs 1,839 people in Virginia, reported $677 million in revenue in 2020. It also has $19.6 […]
Two Virginia companies make 2021 LinkedIn Top Companies list
Virginia-based Fortune 500 companies Northrop Grumman Corp. and Capital One Financial Corp. are among the 50 best workplaces to grow your career, according to LinkedIn’s Top Companies List, released this week. Falls Church-based Northrop Grumman, which ranks No. 32 on the LinkedIn Top Companies list, was cited for a variety of mentorship programs for women. […]
Old Point Trust begins search for new chief
Old Point Trust & Financial Services President, Chairman and CEO Eugene M. Jordan II will become general counsel and corporate secretary for the Hampton-based wealth management services provider’s parent company, Old Point Financial Corp. Jordan, who has been Old Point Trust’s president and CEO for 19 years, will remain in his position as he aids […]
Hampton Roads bank receives regulatory approval
Integrity Bank for Business, a new bank forming in Virginia Beach, has received all necessary regulatory approvals to open for business as a bank, it announced Wednesday. The approvals obtained include: the issuance of a Virginia state bank charter from the Virginia State Corporation Commission and the Virginia Bureau of Financial Institutions; deposit insurance from […]
Eight over 80
What keeps a person working at an age when most of us are happy to let others take care of business? These overachieving Virginians, all over age 80, have remained hard at work mostly for one or more of three reasons. The first is being able to continue work with family. Retirement is rarely mandatory […]
Richmond leasing company announces promotions
Richmond-based equipment financing company CSC Leasing Co. announced Monday that it has promoted three executives. Sam Corey has assumed additional leadership responsibilities as head of the company’s vendor programs. He will continue to lead the credit and investment business function. He has been with CSC Leasing since 2008. Will Forston, formerly CSC Leasing’s director of […]
