Finance | Insurance 2023: NIGEL MORRIS
Morris plans to be “extremely disciplined” in coming months after a tough year for venture capital, he told TechCrunch in May. But his fintech investment company “remains intensely focused on building lasting, durable businesses.” Morris co-founded Capital One Financial in the early 1990s with Richard Fairbank, who remains the credit card giant’s chairman and CEO. […]
Finance | Insurance 2023: JOHN C. ASBURY
Discovering an affinity for banking during a summer job while still in college, Asbury began his 30-year-plus career as a commercial credit officer at Wachovia Bank & Trust. He would serve in a variety of executive roles, including as president and CEO at New Mexico’s First National Bank of Santa Fe, before landing in his […]
Finance | Insurance 2023: LAWRENCE ‘LARRY’ BERNERT III
From his first job installing toilets at Portsmouth Naval Hospital to becoming principal and portfolio manager at Wilbanks, Smith & Thomas Asset Management, Bernert says his career has been informed by his ability to listen and consider different perspectives. The University of Virginia Darden School of Business MBA grad is a chartered financial analyst who […]
Finance | Insurance 2023: MARK A. FRANTZ
Blue Delta Capital Partners is an equity firm dedicated to supporting growth-stage companies providing technology solutions to the federal government. Since co-founding the firm in 2009, Frantz has guided it in creating three funds, including a $215 million investment fund launched in December 2021. The newest fund offers $10 million to $50 million to qualified […]
Finance | Insurance 2023: VIKRAM ‘VIK’ ATAL
Atal was appointed PRA’s president and CEO in March, after serving as a board member since 2015. He previously spent 27 years in leadership positions with Citigroup Inc. and was president and founder of Atal Advisers LLC, a business and strategy consulting firm. PRA Group, a global player in acquiring and collecting nonperforming loans, earned […]
Finance | Insurance 2023: SIMON R.B. HAMILTON
Hamilton’s first job as a teen was mowing lawns — or, rather, running his own lawn-mowing business, with his brother as his first employee. That enterprising spirit has taken him a long way, first to a perch as vice president of investments at Baltimore-based advisory firm Ferris, Baker Watts, and then to Wise Investor Group, […]
Finance | Insurance 2023: JAMES SCHENCK
Since becoming CEO in 2014, Schenck has led a period of growth for PenFed, the nation’s second largest federal credit union, with 2.9 million members. During his tenure, PenFed has grown its assets from $17.6 billion to $35.5 billion in 2022 and more than doubled its membership. The credit union reported $1.18 billion in 2022 […]
Finance | Insurance 2023: RICHARD FAIRBANK
With bachelor’s and MBA degrees from Stanford University under his belt, billionaire Fairbank began his path to a Fortune 500 corner office at Virginia’s Signet Bank. There, he teamed up with Nigel Morris, now managing partner of QED Investors, to co-found a credit card spinoff business that became Capital One Financial, one of the nation’s […]
Finance | Insurance 2023: FRANK ROTMAN
Rotman started fintech venture capital firm QED Investors with Capital One co-founder Nigel Morris in 2007. With $4.3 billion under management, QED has invested in more than 200 companies, including Credit Karma, Klarna and SoFi Technologies. As a student at the University of Virginia, Rotman worked as a research assistant at NASA’s Jet Propulsion Laboratory, […]
Finance | Insurance 2023: JANET N. TOPE
Many executives at Tope’s level have a long list of employers on their résumés. Tope has just one: Wells Fargo. The Florida State University alumna “stumbled into” the bank in 1988 straight out of college with her business degree in hand and has been there ever since. In 2017, she was promoted to director of […]
Finance | Insurance 2023: HANS VonKRUGER
In college, VonKruger took a part-time job as a teller to help pay for tuition. After working for JPMorgan Chase for more than 20 years, VonKruger joined Bank of America in 2016, becoming consumer banking market leader for southeastern Virginia. He has been the Hampton Roads market executive since 2018, managing about 575 employees and […]
Finance | Insurance 2023: THOMAS S. GAYNER
On Jan. 1, Gayner became Markel’s sole CEO after serving more than six years in an unusual co-CEO arrangement with Richard Whitt III, who retired after more than two decades at the Fortune 500 insurer and holding company. Gayner, also chief investment officer, joined Markel in 1990. As CEO, Gayner oversees three divisions: insurance, investments […]