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Freddie Mac

In March 2021, General Dynamics was awarded a $2.4 billion contract option to build a 10th Virginia-class submarine in collaboration with Newport News Shipbuilding. Photo by Ashley Cowan/Newport News Shipbuilding
Feb 27, 2022

Thinking big

At Virginia’s largest publicly traded companies, the past year has been a constant exercise in challenging the status quo. Some major changes could be seen at the consumer level, as Dollar Tree Inc. raised its namesake base price point to $1.25, and Capital One Financial Corp. eliminated overdraft fees for its banking customers. And the […]

Aug 29, 2021

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 […]

Ling Xu. Photo courtesy Freddie Mac
Jul 20, 2020

Freddie Mac names VP multifamily investments, portfolio management

Tysons-based Freddie Mac announced Monday that Ling Xu has been promoted as the Fortune 500 company’s vice president of multifamily investments and portfolio management. In her new role, she will oversee market risk and capital strategy, as well as manage multifamily portfolio strategy, hedging and balance sheet management. She is also responsible for expanding the […]

Jun 3, 2020

Freddie Mac names new CFO

Tysons-based Freddie Mac announced that Christian M. Lown will become the Fortune 500 company’s executive vice president and chief financial officer, effective June 15. Previously the executive vice president and CFO for Navient Corp., Lown succeeds interim CFO Donald F. Kish, who will continue serving as Freddie Mac’s senior vice president, corporate controller and principal […[...]

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