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Spire Global taps new CFO
Vienna-based space-focused data and analytics company Spire Global has appointed Alison “Ali” Engel as its new chief financial officer, effective April 1. Engel brings nearly two decades of CFO experience, most recently serving in that capacity for LeaseAccelerator from 2023 to 2024. Before that, she was CFO and treasurer of media company Gannett from 2015 […]
Navy Federal ordered to refund customers $80M, pay $15M civil penalty
The Consumer Financial Protection Bureau is ordering Navy Federal Credit Union to refund more than $80 million to customers and pay a $15 million civil penalty for allegedly charging illegal overdraft fees. CFPB announced the actions against the nation’s largest credit union on Thursday. CFPB alleges that from 2017 to 2022, Vienna-based Navy Federal charged […]
These six Va. billionaires made Forbes’ 2024 richest Americans list
Six Virginia billionaires are among the 400 richest Americans, according to Forbes’ annual ranking, which the media company released Tuesday. To make the Forbes 400 list, U.S. citizens had to have a minimum net worth of $3.3 billion — an increase of $400 million over 2023’s list. Collectively, the members of this elite club are […]
CGI Federal to acquire Vienna government contractor
CGI Federal, the U.S. arm of Montreal-based IT and professional services consultancy CGI, announced this week it plans to acquire Aeyon, a Vienna-based federal IT consulting firm. The purchase, for which terms were not disclosed, is expected to close by the end of September. With 725 employees, Aeyon has been owned by Enlightenment Capital, a […]
Fairfax tech firm Antithesis exits stealth mode with $47M
It‘s appropriate that Vienna software startup Antithesis is housed in the former headquarters of Ringling Bros. and Barnum & Bailey Circus’ parent company. After all, Antithesis emerged from stealth mode in February to announce it had raised a Jumbo-sized $47 million in seed funding. Founded in 2018, Antithesis is an AI-powered cloud platform for autonomously […]
Navy Federal Credit Union CEO McDuffie to retire
Mary McDuffie, president and CEO of Vienna-based Navy Federal Credit Union, the nation’s largest credit union with $168.4 billion in assets and more than 13 million members, is retiring as of the end of February, and Chief Operating Officer Dietrich Kuhlmann will succeed her starting March 1, the credit union announced Wednesday. According to the […]
Urgent.ly merges with Israeli company, goes public
Vienna-based roadside assistance tech company Urgent.ly has merged with Israel-based Otonomo Technologies, another vehicle technology business, and the combined company publicly listed its stock on Nasdaq on Oct. 19. The all-stock acquisition — a reverse merger allowing the combined business to go public, as an alternative to a traditional initial public offering — was first […]
MindPetal to acquire VerticalApps
Vienna-based government contractor MindPetal has entered into an agreement to purchase Arlington County-based IT firm VerticalApps, the companies announced Tuesday. Financial details of the transaction were not disclosed. MindPetal and VerticalApps hope to become “a premier [artificial intelligence/machine learning] firm by accelerating intelligent automation and modernization programs with [...]
Finance | Insurance 2023: MARY McDUFFIE
This year marks the 90th birthday of Navy Federal, the world’s largest credit union. As a leader focused on helping others thrive, McDuffie sees this milestone as an occasion to celebrate the credit union’s dedication to its members, writing on LinkedIn, “I’m thankful every day to be part of an organization that puts its people […]
Federal Contractors | Technology 2023: GREG BARONI
Philanthropist, entrepreneur, sports team owner and tech executive Baroni co-founded McLean-based Attain LLC, a management, tech and compliance consulting firm, in 2009. The company split in 2021, selling its federal arm to Reston-based health care company Maximus for $430 million. Attain’s remaining education, nonprofit, health care and state and local government sectors now operate private[...]
Finance | Insurance 2023: JERMAINE JOHNSON
Johnson has led Virginia and Washington, D.C., metro area operations for Pittsburgh-based PNC Financial Services Group Inc. since August 2020, 15 years after he joined the bank. A graduate of James Madison University, Johnson has more than two decades of experience in the banking industry. Before coming to PNC, he worked in portfolio management and […]
Finance | Insurance 2023: CECILIA A. HODGES
Hodges was promoted to her current post in 2018, after serving as market president for Central and Southern Virginia and real estate banking group vice president. Based in Vienna, she manages teams in more than 60 branches in Virginia and the D.C. metro area. A 35-year banking professional who was managing director of Provident Bank […]
