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retirement

Hampden-Sydney College President Larry Stimpert. Photo courtesy Hampden-Sydney College
Jun 8, 2026

Hampden-Sydney president to retire next year

Hampden-Sydney College President Larry Stimpert will retire at the end of the 2026-27 academic year, the men's private college announced Monday.

Supreme Court of Virginia in Richmond. Photo by DepositPhotos
May 13, 2026

Virginia Democrats balk at proposal to retire state Supreme Court

Virginia Democrats reportedly discussed a proposal to lower the mandatory retirement age for Supreme Court justices from 73 to 54 following a redistricting ruling.

L to R: Harry Golliday and William "Billy" Beale. Photo courtesy Blue Ridge Bankshares
Mar 16, 2026

Blue Ridge Bankshares CEO retires after turnaround

Blue Ridge Bankshares CEO and president Billy Beale retires after leading the bank through regulatory trouble and a return to profitability.

Paul Phillips will retire from Freedom First at the end of 2026. Photo courtesy Freedom First Credit Union
Oct 29, 2025

Freedom First credit union CEO to retire in 2026

Freedom First CEO Paul Phillips will retire in 2026. CFO Linda Johnson will succeed him at the Roanoke-headquartered credit union.

William J. "Bill" Lynn III to retire as chairman and CEO of Leonardo DRS at the end of 2025. Photo courtesy Leonardo DRS
Oct 29, 2025

Leonardo DRS CEO to retire; successor named

William J. "Bill" Lynn III will retire as chairman and CEO of Arlington defense contractor Leonardo DRS at the end of the year, with Chief Operating Officer John Baylouny named as his successor.

FILE - Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview with Liz Claman on Fox Business Network's "Countdown to the Closing Bell," May 7, 2018, in Omaha, Neb. (AP Photo/Nati Harnik, File)
May 4, 2025

Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year

Warren Buffett will retire as CEO of Berkshire Hathaway at year’s end after 60 years. Greg Abel, his longtime heir apparent, will take the helm.

A man wearing a blazer and a tie.
Mar 10, 2025

Executive to retire after three decades at S.L. Nusbaum

Frank H. Cowling, Jr. a partner and senior vice president of private asset management at S.L. Nusbaum Realty, plans to retire at the end of March after four decades working in commercial real estate, according to a Tuesday announcement by the Norfolk-based real estate development company. Cowling joined S.L. Nusbaum in 1994 as vice president […]

A woman wearing a purple blazer.
Jan 31, 2025

Breeden regional director retires after 28 years

After nearly three decades at The Breeden Co., Debbie Gordon retired Friday, according to an announcement from the Virginia Beach real estate development and property management company. Gordon, regional director of Breeden’s multifamily property management division, joined the company in 1997. Under Gordon’s leadership, the company successfully reached the break-even occupancy rate fo[...]

A man wearing a dark blazer and yellow tie.
Dec 9, 2024

Breeden VP returns from retirement

Retired Breeden Co. executive Barry Tomlin has rejoined the Virginia Beach real estate development and property management company as its vice president of customer service and marketing, The Breeden Co. announced Dec. 5. Tomlin initially joined Breeden in 2007, working as vice president of property management at the time of his 2022 retirement. In his […]

Dominion Energy COO Diane Leopold to retire after nearly three decades
Dec 3, 2024

Dominion Energy COO Diane Leopold to retire after nearly three decades

Dominion Energy Chief Operating Officer Diane Leopold plans to retire from the Fortune 500 utility this summer after working for nearly four decades in the industry. Leopold, who will remain as COO and executive vice president until she steps down on June 1, 2025, oversees major construction projects such as Dominion’s $9.8 billion Coastal Virginia […]

A new era
Nov 29, 2024

A new era

The days of decades-high interest rates are over, as the Federal Reserve is ushering in a new era for financial markets — and, in turn, shaking up some of the advice money managers are offering their clients. During one of its regularly scheduled meetings in September, the central bank’s Federal Open Market Committee lowered the […]

Real Estate
Oct 17, 2024

Hardee to retire as Lawson Cos. CEO in 2025

Lawson Cos., the Norfolk-based residential real estate development and construction company, announced Thursday its president and CEO, Carl Hardee, will retire at the end of 2025. Aaron Phipps, Lawson’s senior vice president and chief financial officer, is expected to succeed Hardee, who was named president and CEO in 2016, according to the company’s announcement. Hardee […]

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