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Banking | Finance 2025: HODGES, CECILIA A.
Hodges has worked in banking for nearly four decades. Leading M&T Bank’s greater Washington, D.C., and Virginia regions since 2018, she manages teams across more than 55 branches. A Virginia Tech graduate, Hodges grew up in Rocky Mount, where her parents ran a construction supplies store. In 2009, M&T Bank acquired Provident Bank, where Hodges was […]
Banking | Finance 2025: GRIMM, ANDREW ‘ANDY’
When Grimm assumed leadership of Apple Federal Credit Union in 2017, it had 190,000 members and nearly $2.4 billion in assets. Today, it has nearly 270,000 members, 25 branches and $5.3 billion in assets. A sliver of that growth stems from a merger with Fairfax’s NextMark Credit Union, which was completed in January. Prior to the […]
Banking | Finance 2025: FRANTZ, MARK A.
Co-founded by Frantz in 2009, Blue Delta is a venture capital firm that backs growth-stage companies providing services to the federal government. In September 2024, Arlington-based ITC Federal, an IT services provider for federal government agencies focused on law enforcement and national security, announced it had received an investment from Blue Delta to help it […]
Banking | Finance 2025: STACK, JEAN
Before joining Baird, Stack worked for more than two decades in the government services, aerospace and defense sector at California-based investment bank Houlihan Lokey. At Baird, Stack advises executives on mergers and acquisitions, raising capital and other corporate strategies. Earlier this year, Baird served as the exclusive financial adviser for Kudu Dynamics, a Chantilly tech […]
Banking | Finance 2025: RYAN, TOM
When Ryan arrived at Langley Federal in 2012, the credit union had about $1.7 billion in assets and 165,500 members. It now boasts $5.5 billion in assets and 395,000 members. Earlier this year, Ryan announced his plans to retire at the end of 2025. (A successor had not been named as of press time for this […]
Banking | Finance 2025: SCHENCK, JAMES
Over the course of his military career, Schenck flew Black Hawk helicopters in Korea and trained others as a night vision goggle instructor pilot. He also worked on the Army staff in the Office of the Deputy Chief of Staff for Operations and Plans, a post with responsibilities for overseeing the flying hour program, which […]
Banking | Finance 2025: SJOLUND, MARTIN
In June, Sjolund began his tenure leading PRA Group, a global business that acquires and collects on nonperforming loans. Earlier this year, a PRA spokesperson noted that Sjolund planned to split his time between London and PRA’s Norfolk headquarters. He succeeds Vikram Atal, who retired after serving as PRA’s president and CEO since 2023. Sjolund […]
Banking | Finance 2025: MONTGOMERY, JOSEPH W. ‘JOE’
Montgomery went to work at an investment firm in December 1975 — meaning he’s enjoying his 50th year in an industry for which he is ranked as Virginia’s top wealth management adviser on Forbes’ 2025 Best-in-State Wealth Advisors list, with $1.6 billion in assets under management by his team. He credits the power of relationships and […]
Banking | Finance 2025: WILBANKS, WAYNE F.
Wilbanks developed an interest in stocks and bonds at the age of 14. As a 16-year-old, he formed an investment partnership with other students. “I was hooked,” Wilbanks has said of his career trajectory. A Duke graduate, Wilbanks co-founded Norfolk’s Wilbanks Smith & Thomas Asset Management in 1990, serving as the firm’s managing principal and […]
Banking | Finance 2025: MCLAUGHLIN, SHANE
In 2024, McLaughlin quietly stepped into the role of regional bank president for Washington, D.C., Northern Virginia and much of Maryland, following the exit of John Allen, who had been the region bank president for D.C. and Maryland. Allen is now executive vice president and chief banking officer of City First Bank. A Virginia Tech alumnus, […]
Banking | Finance 2025: HUTCHINS, MICHAEL T.
It’s musical chairs at Freddie Mac, Virginia’s top-ranked company on Fortune’s U.S. and Global 500 lists. In March, Hutchins became the government-sponsored home mortgage company’s interim CEO for the second time in a year after the Trump administration fired Diana Reid, who’d served as CEO just over six months. It’s a pivotal time for Freddie […]
Banking | Finance 2025: GOETZMAN, NEIL
Goetzman’s father worked for Merrill Lynch for nearly four decades before retiring in 2000, according to AdvisorHub. At first, it seemed the apple hadn’t fallen far from the tree. Goetzman started with Merrill Lynch in 1987. But, in 2020, he took a different path. That year, Goetzman, along with partner Jeffrey A. Nau, left Merrill’s […]
