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Insurance 2025: SPIRO, RICHARD G. ‘RICKY’

With more than 30 years of experience in and financial services, Spiro has led the Henrico County-based property, casualty and employee benefits insurance brokerage and advisory firm since 2017.

A portfolio company of Washington, D.C.- based Carlyle Group, The Hilb Group has more than 2,400 employees. The firm celebrated its 15th anniversary in 2024 and has continued to grow, having completed more than 180 acquisitions with over 125 offices in 31 states. Its 2024 revenue was $641 million.

Last fall, the Hilb Group announced it had secured a $2 billion round of financing to refinance debt and add over $500 million of debt capacity for mergers and acquisitions. “We are excited to continue executing on our growth strategy and to build on our track record of introducing high-quality agencies to the Hilb platform,” Spiro said.

Spiro, who has an economics degree from Princeton University, served as executive vice president and chief financial officer of commercial property and casualty insurer Chubb from 2008 to 2016. Before that, he was a managing director in Citigroup Global Markets’ financial institutions investment banking group.

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Law 2025: MARSTON, K. BRETT

In addition to serving as Gentry Locke’s managing partner, Marston is president of the Virginia State Bar, a post he will hold through June 2026. A graduate of the University of Virginia and George Mason University’s school, Marston joined Gentry Locke in 1994 and specializes in construction law, including contract negotiations, payment disputes and matters.

He has a lengthy history of leadership in the state bar. He currently leads the bar’s executive committee and formerly served on the budget and finance committee. In July, Marston rotated off the board for the Virginia Transportation Construction Alliance, and he completed his three-year presidency of the Roanoke Regional Partnership board in 2024.

WHAT PEOPLE WOULD BE SURPRISED TO LEARN ABOUT ME: I grew up in a very rural part of Virginia — Red House, on the border of Charlotte and Appomattox counties. Both sets of grandparents were tobacco farmers. This continued with my father, who not only farmed but, along with my mother, ran a grocery store in Red House.

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Insurance 2025: SCHIAVON, ALBERTO

In April, the U.K.-based Admiral Group announced plans to sell Henrico County-based auto insurer Elephant to J.C. Flowers & Co., a New York-based private investment firm. Subject to regulatory approval, the deal is expected to close in the fourth quarter.

Schiavon, who has led the insurer since 2017, stayed on as CEO, continuing to oversee the insurer’s 500-plus employees. The partnership, he said in a statement, will allow Elephant to benefit from J.C. Flowers’ expertise, “which will play a critical role for the next phase of our growth strategy and add value for our customers, whilst maintaining our distinctive culture.”

Schiavon started at the Admiral Group in 2012 as an international pricing manager. The Italian executive has an MBA from the University of Manchester in England.

In 2024, Elephant Insurance reported a profit of about $18.7 million after reporting a loss of about $25.6 million in 2023.

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Law 2025: PAULK, COURTNEY MOATES

Paulk has led Hirschler since 2018, when she became the first female president of the now 79-year-old firm. With 86 in offices in Fredericksburg, Richmond and Tysons, it is the state’s seventh-largest firm. Paulk also heads Hirschler’s litigation section.

After graduating from Mary Washington College (now the University of Mary Washington) with a degree in theater in 1992, Paulk took a job as a paralegal. She loved the work and later enrolled at the University of Richmond’s law school.

Paulk is also ambitious outside of work.

In 2013, she became the 85th person and 30th woman to achieve the Triple Crown of Open Water Swimming, which requires swimming around the island of Manhattan, across the English Channel and across the Catalina Channel. In 2017, she became the first person ever to complete a Double Triple Crown, and in 2019, she completed a Triple Triple.

In 2023, Paulk swam 34 miles across Lake Gaston, which straddles the North Carolina and Virginia borders, in 19 hours, 39 minutes and 8 seconds. In 2024, she was inducted into the International Marathon Swimming Hall of Fame.

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Insurance 2025: RUSSELL, W. DOUGLAS

The leader of the TowneBank subsidiary since 2021, Russell oversees more than 500 professionals located across Virginia, North Carolina and South Carolina.

Founded in 2001, Towne Insurance offers , workers’ compensation, bonding and employee benefits, as well as home, auto, umbrella and flood insurance. It brought in $118.5 million in 2024 revenue.

A University of Richmond alumnus, Russell has spent about four decades in insurance. Previously, he was president at Core Assurance Partners, a Virginia Beach-based insurance advisory and firm. He also worked at Marsh McLennan and USI Insurance Services.

Russell served as a Triton for Virginia Beach’s 2019 Neptune Festival. He can usually be found at the Virginia Beach Billfish Tournament, which Towne Insurance sponsors.

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LAW 2025: PARKS, RANDALL S.

Parks joined Hunton & Williams, Hunton Andrews Kurth’s predecessor, after graduating from  school at the University of Virginia in 1988.

He has served as the chairman of the state’s third largest law firm’s executive committee since 2022.

With 35 years of experience under his belt, Parks’ practice focuses on corporate transactions, including business process and information technology outsourcing, e-commerce, licensing, manufacturing and joint ventures. Parks has also negotiated dozens of large-scale commercial and technology transactions worth billions of dollars for multinational companies.

Parks, who majored in chemistry and English literature as a U.Va. undergrad, previously was co-head of the firm’s corporate team, its retail and consumer products industry group and its global technology, outsourcing and privacy practice group.

He serves as president of the Richmond Symphony Foundation board and was active on the Metropolitan Richmond Sports Backers board for more than a decade, as well as previously chairing the CenterStage Foundation.

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Insurance 2025: SCHMUDE, MONICA

Schmude was tapped to lead Anthem in Virginia in 2023. Before that, she spent almost 13 years at Cigna in different leadership positions, including serving as president of its mid-Atlantic market, which covered Virginia, Maryland and Washington, D.C.

Schmude, who has a degree in industrial and organizational psychology with a concentration in women’s studies from the University of Wisconsin- Oshkosh, began her career as a claims examiner for Guardian Insurance Company.

In addition to her regular gig, Schmude traveled around the state this year for her role as co-chair of Blueprint Virginia 2035, the Virginia Chamber’s strategic plan aimed at strengthening and securing the state’s position as the best state for business.

Schmude is the 2025 chair of the Virginia Association of Health Plans. Additionally, she sits on the board of the Choral Arts Society of Washington, D.C., and was a 2020 graduate of Leadership Greater Washington. She calls enrolling in that program “one of the best decisions of my career.”

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LAW 2025: LAVOIE, JOHN ‘JACK’

Having joined Cooley in 2008, Lavoie leads the global firm’s real estate practice group and manages its Reston office.

His practice centers on commercial real estate transactions, including buying, selling, developing and leasing office, industrial and retail properties. Lavoie represents landlords, tenants, lenders and borrowers in the Washington, D.C., area and the mid-Atlantic region. He’s been involved in data center leasing and development, as well as corporate headquarters projects.

Cooley has nearly 1,400 lawyers across 19 offices in the United States, Asia and Europe, and a total workforce of more than 3,000, including 58 in Virginia.

For more than a decade, Lavoie worked at Watt, Tieder, Hoffar & Fitzgerald, a McLean-based firm serving construction, surety and bankruptcy clients. He also worked as a senior associate handling site identification and lease negotiation for global real estate advisory firm Staubach, now part of Jones Lang LaSalle.

A graduate of the Catholic University of America and Georgetown University Center, Lavoie served on the transition team for former Gov. Terry McAuliffe.

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Insurance 2025: LUCIA, FRANK

Since 2017, Lucia has led Delta Dental of Virginia, one of the state’s largest dental benefits providers, and its holding company, Corvesta. Established in 1964, Delta Dental of Virginia provides dental plans to more than 2 million members.

The Delta Dental of Virginia Foundation, a public charity created by the company in 2012, works to improve the oral health of all Virginians and has invested more than $14 million to support education, program development and community partnerships. The foundation is currently working with other state organizations to boost Virginia’s oral health workforce. Efforts include developing and funding a loan repayment program for dentists and creating a summer program for high school students at Old Dominion University’s School of Dental Hygiene.

Previously, Lucia was president and CEO of Dean Health Plan in Madison, Wisconsin, and worked in finance for Cigna and W.R. Grace, a Maryland global supplier of specialty chemicals and solutions.

Lucia received his bachelor’s degree in accounting from Binghamton University and his MBA from the University of Miami.

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LAW 2025: KENDRICK, LESLIE

Kendrick became the 13th dean of the University of Virginia School of in 2024, replacing Risa Goluboff, who stepped down after eight years in the role.

A native of eastern Kentucky, Kendrick graduated from U.Va.’s law school in 2006 and became a member of the faculty two years later after clerking for former U.S. Supreme Court Associate Justice David Souter and for Judge J. Harvie Wilkinson III of the 4th U.S. Circuit Court of Appeals.

In 2017, Kendrick, whose scholarship focuses on freedom of speech and torts, won U.Va.’s All-University Teaching Award. She was previously director of the school’s Center for the First Amendment and a special adviser on free expression and inquiry to U.Va.’s former provost.

Kendrick was the law school’s vice dean from 2017 to 2021. In the early days of the pandemic, she oversaw the effort to move 139 courses online over eight days. She received her master’s degree and doctorate in English literature as a Rhodes scholar at the University of Oxford.

U.Va.’s law school was ranked No. 4 in the nation in the 2025 U.S. News & World Report rankings.

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