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MicroStrategy buys $615.7M more bitcoin in December
Tysons-based tech company MicroStrategy and its subsidiaries continued to grow their cryptocurrency cache in December, nearing $8 billion in bitcoin holdings. The company and its subsidiaries purchased about $615.7 million worth of bitcoin — approximately 14,620 coins — in cash from Nov. 30 to Dec. 26, according to MicroStrategy’s Wednesday filing with the U.S. Securities […]
NoVa Black Chamber of Commerce hires exec director
LeAnn White became the new executive director of the Northern Virginia Black Chamber of Commerce in November, the Tysons-based chamber announced Thursday. White has more than 20 years of banking sector experience. She was previously assistant vice president and business development officer at Fairfax-based FVCbank, according to her LinkedIn profile. Before that, White was a […]
Maximus fined by SEC for proxy, reporting violations
Tysons-based federal technology contractor Maximus will pay $500,000 in civil penalties to settle a charge that it failed to disclose it had employed the siblings of one of its executive officers. According to a settlement announced by the U.S. Securities and Exchange Commission Monday, Maximus appointed a business segment leader and longtime employee as an […]
Manufacturing 2023: SCOTT KEOGH
In 2022, Keogh left his position as president and CEO of Volkswagen Group of America to serve as head of Scout Motors, the German automaker’s new electric truck and sport utility vehicle division. Scout is a revamp of the iconic Scout all-terrain vehicle brand produced by International Harvester in the 1960s and ’70s. In 2021, […]
Real Estate 2023: ROBB ‘R.J.’ JOHNSON
With 30-plus years of industry experience, Johnson worked with The Staubach Co. beginning in 1995, ultimately serving as president for the mid-Atlantic region until it merged with Fortune Global 500 commercial real estate company JLL in 2008. Johnson has served JLL clients from offices in Delaware, Maryland, Virginia and Washington, D.C., for the past 15 […]
Hospitality | Tourism 2023: THOMAS J. BALTIMORE JR.
Baltimore joined the lodging real estate investment trust in 2016, shortly before its 2017 spinoff from McLean-based Hilton Worldwide Holdings. He has led the company through some of its toughest times as the pandemic squelched business and leisure travel. Park continues to bounce back from the pandemic-related downturn, reporting $2.5 billion in 2022 revenue, up […]
Economic Development 2023: VICTOR HOSKINS
Hoskins is well known in Virginia for the leading role he played in bringing Amazon.com’s $2.5 billion-plus HQ2 East Coast headquarters to Arlington County, where he previously led economic development. In 2019, he moved next door to lead Fairfax County’s authority. His wins so far have included last year’s announcement that hotelier Hilton Worldwide Holdings […]
Federal Contractors | Technology 2023: DOUG WAGONER
LMI has been busy making deals since Wagoner joined the government defense and consulting firm in 2020. It expanded its presence in the fast-growing space defense industry with the 2022 purchase of Colorado Springs, Colorado-based Synaptech and got a foothold in the public health sector with the 2021 acquisition of Suntiva. In March, LMI announced […]
Federal Contractors | Technology 2023: STEPHEN TRUNDLE
Trundle has led Tysons-based home security tech company Alarm.com since May 2003. He was chief technology officer at MicroStrategy when Alarm.com was founded in 2000. MicroStrategy sold the spinoff security business to a group of investors in 2009, and Alarm.com went public in 2015. Alarm.com has since been expanding rapidly as the market for connected […]
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 […]
Media 2023: DAVE LOUGEE
Lougee is no stranger to the world of mergers and acquisitions that have become part of the media business. In May, Tegna terminated its merger agreement with New York hedge fund Standard General when the financial agreements needed to fund the deal expired. In 2015, Gannett Co. spun off its broadcasting and digital business to […]
