Finance/Insurance: MICHAEL DeVITO
DeVito came aboard as head of Freddie Mac, the Federal Home Loan Mortgage Corp., a year ago, replacing CEO David Brickman, who left to run a newly formed commercial agency lending platform.
A government-sponsored enterprise, Freddie Mac buys bundles of mortgages from banks and other lenders, freeing up cash so that those lenders can make additional mortgages. For 2021, Freddie Mac reported a net income of $12.1 billion, an increase of 65% from 2020.
“We helped nearly 5 million families buy, refinance or rent a home last year,” DeVito explained during a February webcast.
For working part of the year, DeVito received total compensation in 2021 of $443,032.
A graduate of Ithaca College, DeVito came to Freddie Mac with more than 30 years of experience in the mortgage and financial services industry. He spent the bulk of that time at Wells Fargo and Co., where he rose to the post of head of home lending.
DeVito served on the board of trustees of Simpson College in Indianola, Iowa, from 2014 to 2021.
Finance/Insurance: PETE SNYDER
Snyder lost his bid to be the Republican candidate for governor in 2021, but it didn’t sour him on state politics. Snyder campaigned for Glenn Youngkin last year (he won) and in March, he endorsed state Sen. Bryce Reeves for the Republican primary for Virginia’s 7th Congressional District seat (he lost).
While running for office, Snyder described himself as a “job creator and entrepreneur.” He runs Disruptor Inc., branded as Disruptor Capital. An angel investment firm with 20 employees, Disruptor strives to fund ideas that “change the way industries — and even society — operates.” It has invested in over three dozen companies during the past four years, according to a spokesperson.
With his wife, Burson, Snyder launched the Virginia 30 Day Fund, a nonprofit that provided $3,000 forgivable loans to hundreds of small businesses struggling to stay open during the pandemic.
Earlier in his career, Snyder built New Media Strategies, a pioneering social media marketing agency that was bought by Meredith Corp. in 2007.
HOBBY/PASSION: Wrestling
ONE THING I’D CHANGE ABOUT VIRGINIA: The school boards in just about every locality
FAVORITE SONG: “Don’t Look Back in Anger,” by Oasis
Media: TIMOTHY O’SHAUGHNESSY
Under O’Shaughnessy’s leadership, Graham Holdings has made the Fortune 1000 list for the last three years.
O’Shaughnessy replaced his father-in-law, Donald Graham, as the company’s president and CEO in 2015. O’Shaughnessy was at the company for a year before taking the top spot, working to seek “a new direction” for Graham Holdings after it sold The Washington Post and other publishing businesses to Amazon.com Inc. founder and executive chairman Jeff Bezos in 2013.
Formerly The Washington Post Co., Graham Holdings was formed in 1947 by Phil Graham, who led it until his death in 1963. Graham’s widow, Katharine Graham, then took over as president and publisher of the Post and CEO of the company. Their son, Donald, took charge in 1991.
The company owns a variety of media, education, manufacturing and health care businesses, including online magazine Slate and educational services company Kaplan Inc.
Before joining his family’s business, O’Shaughnessy was CEO of the startup LivingSocial, which he co-founded in 2007. The company was based on an app he and three others created for Facebook.
O’Shaughnessy has a bachelor’s degree in business administration from Georgetown University. He serves on the executive committee of the Federal City Council, a nonprofit promoting economic development in Washington, D.C.
Transportation: P. DALE BENNETT
Bennett, whose father was a trucker for two decades, started working at VTA as an assistant to the executive vice president in 1984. He’s led the nonprofit organization since 1989.
VTA advocates for the state’s trucking fleets and industry vendors, which have been hard hit amid the pandemic by driver shortages, supply-chain woes and high diesel prices. Earlier this year, the VTA partnered with the Virginia Ready Initiative to reskill workers through the state’s community colleges; so far more than 188 candidates have enrolled in its commercial driver’s license program.
Bennett has been involved with numerous boards and committees, including the American Trucking Associations, the Virginia Freight Advisory Committee and the Virginia Society of Association Executives. A University of Richmond graduate, Bennett worked for the Virginia State Crime Commission from 1982 to 1984. As a teen, he drove a tractor on his uncle’s tobacco fields.
BEST ADVICE FOR OTHERS: From my father: “Be aware of how you treat the people you meet as you climb the ladder of life, because you may have to see them again on your way back down.”
FAVORITE SONG: “No Hard Feelings,” by The Avett Brothers
Transportation: MICHAEL W. COLEMAN
Logistics and supply chain firm CV International Inc. has continued to grow, acquiring Savannah, Georgia-based independent shipper and freight forwarder Ryan Ship Services in May. CV International now has about 100 employees throughout the mid-Atlantic, including 55 in Virginia.
Coleman, a licensed customs broker, grew up working in his family’s business, which was started by his father, B. Wayne Coleman, in 1985. The younger Coleman became president in 2006 and CEO in 2018. He finished serving a term as president of the Virginia Maritime Association in December 2021 and is now serving a two-year term as chair of the organization’s board.
Last year, Coleman was appointed to serve on the Virginia Freight Advisory Committee, which advises on commercial freight and road infrastructure needs. He is also a member of the Hampton Roads Coal Association, serves on the Hampton Roads Shipping Association’s board of trustees. Coleman received his bachelor’s degree from the University of Richmond and a law degree from Louisiana State University.
Law: BRIDGET LONG
A personal injury trial attorney, Long is the 2022-23 president of the Virginia Trial Lawyers Association. Long previously served as president of the American Board of Trial Advocates. She is also second vice chair for the American Association for Justice’s Women Trial Lawyers Caucus.
The Virginia native grew up in South Boston and earned degrees from the University of Mary Washington and the University of Richmond School of Law. Before joining Allen & Allen in 2013, she was with Marks & Harrison.
When she’s not practicing law, she spends time with her husband and children, running or playing tennis.
2022 Virginia 500: Professional Services
JEREMY BLANK
GREATER WASHINGTON MANAGING PARTNER, DELOITTE LLP, McLEAN
JACOB BLONDIN
PRESIDENT AND CEO, RD HOLDINGS LLC, RETAILDATA LLC, INTRICS, GLEN ALLEN
GLORIA BOHAN
FOUNDER, PRESIDENT AND CEO, OMEGA WORLD TRAVEL, McLEAN
KRISTEN CAVALLO
CEO, THE MARTIN AGENCY, RICHMOND
PAIGE CLAY
SENIOR PARTNER, MID-SOUTH MARKET, MERCER LLC, RICHMOND
MARK ELLENBOGEN
ASSURANCE ATLANTIC REGIONAL MANAGING PARTNER, BDO USA LLP, McLEAN
MARK EUBANKS
PRESIDENT AND CEO, THE BRINK’S CO., HENRICO COUNTY
TIMOTHY H. GILLIS
WASHINGTON METRO AREA MANAGING PARTNER AND CHESAPEAKE MARKET HUB LEADER, KPMG LLP, McLEAN
JASON A. HARTMAN
CEO, BROWN EDWARDS & CO. LLP, ROANOKE
HARVEY L. JOHNSON
CEO, PBMARES LLP, NEWPORT NEWS
RUSSELL ‘RUSS’ MOORE
RICHMOND MANAGING PARTNER, PRICEWATERHOUSECOOPERS, RICHMOND
C. SCOTT MOULDEN
MANAGING PARTNER, YOUNT, HYDE & BARBOUR, WINCHESTER
STEPHANIE R. PETERS
PRESIDENT AND CEO, VIRGINIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS, GLEN ALLEN
DANNY ROBINSON
CHIEF CREATIVE OFFICER, THE MARTIN AGENCY, RICHMOND
ALISON ROGISH
CENTRAL VIRGINIA MARKETPLACE LEADER, DELOITTE LLP, RICHMOND
HORACIO ROZANSKI
PRESIDENT AND CEO, BOOZ ALLEN HAMILTON HOLDING CORP., McLEAN
ERIC SCHEINERMAN
PRESIDENT AND CEO, CIBT INC., McLEAN
JULIE SWEET
CEO AND CHAIR, ACCENTURE, ARLINGTON COUNTY
KEVIN VIROSTEK
GREATER WASHINGTON MANAGING PARTNER, ERNST & YOUNG, McLEAN
GARY G. WALLACE
MANAGING PARTNER, KEITER, GLEN ALLEN
GREG WALLIG
METRO D.C.-ARLINGTON MANAGING PRINCIPAL, GRANT THORNTON LLP, ARLINGTON COUNTY
Arts/Entertainment/Sports: CORAN CAPSHAW
One of Billboard magazine’s Power 100, Capshaw founded Red Light Management in 1991 in Charlottesville, while helping Dave Matthews Band grow organically from a local favorite to a powerhouse touring group. The largest independent music management company in the world, Red Light has reaped a reported $500 million in touring gross income. Its managers represent almost 400 artists, including Lionel Richie, Brandi Carlile and Luke Bryan. Headquartered in Charlottesville, it has offices in Nashville, New York, Los Angeles, Atlanta, Seattle and London.
Capshaw also founded entertainment e-commerce and marketing company Musictoday as well as promotional company Starr Hill Presents. He’s also the founder of Starr Hill Brewery, with brewpubs in Charlottesville, Tysons, Richmond, Roanoke, Crozet and Lynchburg. And he has provided financial backing for Sun Tribe Solar and Sun Tribe Development, two active players in Virginia’s growing solar industry.
In July, Red Light announced plans for a 7,500-capacity downtown Richmond amphitheater on the James River, similar to the Ascend Amphitheater Capshaw developed in Nashville, Tennessee. Working with Dave Matthews Band, Capshaw is also helping lead an effort to fully replace Charlottesville’s public housing while generating significant, affordable housing.
Arts/Entertainment/Sports: TODD ‘PARNEY’ PARNELL
Parnell has been strategizing a financial comeback for the Flying Squirrels — the Double-A affiliate of the San Francisco Giants. Revenues were down more than 95% in 2020, when the season was canceled due to the pandemic.
Parnell, who came to Richmond with the team in 2010, makes more than 100 appearances a year for speaking engagements and charitable causes. In 2022, the Squirrels are headed to the playoffs for the first time in eight years and gave away scads of promotional items, from bobblehead Squirrels to tie-dye jerseys.
After serving as vice president and chief operating officer, he was tapped as CEO when Chuck Domino retired in July 2020. Parnell also serves on the boards of ChamberRVA and Richmond
Region Tourism.
Big changes are on the horizon for the team as Richmond seeks to develop the valuable land around the aging Diamond into a revitalized district with a new stadium.
BEST ADVICE FOR OTHERS: Have fun in all you do: put others before yourself.
BEVERAGE OF CHOICE: Tito’s Vodka, Anheuser-Busch products, red wine, Yoo-hoo chocolate drinks
MOST RECENT BOOK READ: “The Power of Fun,” by Dave Raymond
FAVORITE VACATION SPOT: Sandbridge
FAVORITE SONG: “Crazy Eddie’s Last Hurrah,” by Reckless Kelly