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Finance | Insurance 2023: THOMAS RANSON
Growing up in Urbanna, Ransom worked with his hands, doing house-roofing jobs and prepping cars to be painted. He moved into the less physically taxing field of banking when BB&T recruited him out of Hampden-Sydney College, where he earned a bachelor’s degree in economics. He’s worked at the bank, which became Truist following its 2019 […]
Manufacturing 2023: TOM HAYES
Hayes began working for the Swedish tobacco products manufacturer in 2006, serving as chief financial officer and senior vice president before becoming president in 2020. Swedish Match manufactures and sells smoke-free oral tobacco products that have a lower risk of mouth cancer, heart disease and lung cancer than cigarettes, according to the Food and Drug […]
Economic Development 2023: JENNIFER WAKEFIELD
Assuming her current role in 2021, Wakefield served as interim president and CEO twice for the Greater Richmond Partnership, a regional economic development organization for Richmond and the counties of Chesterfield, Hanover and Henrico. She has also been the partnership’s chief operating officer and senior vice president of marketing. Previously, she served as Orlando Economic […]
Serving a repurpose
In Alexandria’s Old Town North, a collection of three brick office buildings built in the 1980s is being transformed into Tide Lock, a community of 234 luxury apartments and condominiums featuring Potomac River views and space for retail and a nonprofit music school. And last summer in the city’s Alexandria West neighborhood, tenants began moving […]
Agriculture 2023: GEORGE C. FREEMAN III
A Richmond native, Freeman has been Universal’s CEO since 2008 and president since 2006. From 2001 to 2005, he was the corporation’s general counsel and secretary, and he worked at law firm Hunton Andrews Kurth (then Hunton & Williams) in the early to mid-1990s. The world’s largest supplier of tobacco leaf, Universal Corp. posted fiscal […]
Economic Development 2023: BARRY DuVAL
DuVal, who has led the Virginia Chamber since 2010, oversaw the launch this summer of the chamber’s WiseChoice Healthcare Alliance, a multiple employer welfare association to offer health care plans for small businesses. Made possible through new state legislation, WiseChoice was the first such self-funded health insurance consortium in Virginia. A longtime advocate for Virginia’s [&he[...]
Education 2023: KEVIN F. HALLOCK
Hallock, who joined UR as its president in 2021, launched a new strategic plan for the private university this year that includes more faculty, increased and simplified financial aid and greater community involvement. In March, UR announced a $25 million gift — the second largest in the university’s history — from alumni and longtime donors […]
KPMG names Richmond office managing partner
Wendy Lewis was promoted to managing partner of KPMG LLP’s Richmond office on Aug. 1, overseeing more than 235 employees based there, the New York-based professional services firm announced Wednesday. Lewis, also a partner in KPMG’s audit practice, succeeds Paul Croston, who will retire on Sept. 30 after 33 years with the firm. “I am […]
Richmond airport sets new travel record
Just two months after shattering its monthly passenger record, Richmond International Airport has done it again. The Capital Region Airport Commission on Wednesday announced that the airport counted 439,951 passengers for July, soaring past a record set in May when the airport counted 431,416 passengers. By comparison, the airport counted 386,931 passengers in July 2019. […]
Central Va. Transportation Authority names first leader
Chet Parsons will serve as the Central Virginia Transportation Authority’s first executive director, the organization announced Thursday. Parsons has served as director of transportation for PlanRVA, also known as the Richmond Regional Planning District Commission, since 2019. CVTA finances transportation projects across the Richmond region. It was established by the General Assembly in 2020[...]
Bon Secours sues Anthem for $93M
Health system Bon Secours filed suit against insurer Anthem Health Plans of Virginia Monday in Henrico County Circuit Court, alleging Anthem owes Bon Secours $93 million in unpaid claims. The plaintiffs, collectively titled BSMH Virginia, allege that Anthem Health Plans of Virginia (doing business as Anthem Blue Cross and Blue Shield) failed to pay “in […]
Ruling clears way again for Richmond casino referendum
A Richmond Circuit Court judge issued another ruling Wednesday clearing the way for a Richmond casino referendum to appear on ballots this November. Richmond Circuit Court Judge W. Reilly Marchant ruled against the Richmond Lodge No. 1 of the Good Lions Inc., a nonprofit organization that had filed a motion to block the casino vote. […]
