Virginia Business announces 2022 Va. CFO Awards winners

Virginia Business presented awards to chief financial officers at companies and nonprofits around the commonwealth Thursday night.

This year’s Virginia CFO Awards banquet — which is the largest annual gathering of CFOs in Virginia — was held at The Jefferson Hotel in Richmond.

Fifty-one CFOs from around the commonwealth were nominated in four award categories, representing a variety of nonprofits, government agencies and for-profit businesses, both public and private. Organizations represented ranged from state universities to arts organizations, technology firms, banks and Fortune 500 companies.

“The job of chief financial officer is a challenging one.  They champion both growth and downsizing; they take on risk through acquisitions. They must have the highest degree of accountability, and they must provide CEOs with solid advice, whether the news is good or bad,” Virginia Business President and Publisher Bernie Niemeier said during the awards ceremony. “Recognition and support from above is always important.”

Winners and finalists for the magazine’s 17th annual Virginia CFO Awards were:

• 2022 SMALL NONPROFIT/GOVERNMENT VIRGINIA CFO OF THE YEAR: Winner: David Argabright, Feeding Southwest Virginia; Finalist: Sheila Wilson, Hampton Roads Planning District Commission
• 2022 LARGE NONPROFIT/GOVERNMENT VIRGINIA CFO OF THE YEAR: Winner: Hossein Sadid, Virginia Museum of Fine Arts; Finalists: Melody Bianchetto, University of Virginia; Betsy Drewry, Prince George County government; Luther Griffith, Sweet Briar College; Jarred Roenker, Norfolk Airport Authority
• 2022 SMALL COMPANY VIRGINIA CFO OF THE YEAR: Winner: Cynthia Macturk, Fahrenheit Advisors; Finalists: Joel Flax, Cohen Investment Management Co. LLC; Ana Gomes, Wilbanks Smith & Thomas Asset Management LLC; Cheryl Morris, Salem Montessori School Inc.
• 2022 LARGE COMPANY VIRGINIA CFO OF THE YEAR: Winner: Sal Mancuso, Altria Group Inc.; Finalists: Harshan Bhangdia, Ellucian; Pete Graham, PRA Group Inc.; AJ Krick, Smith-Midland Corp.; Steve Mast, Criterion Systems Inc.; P.J. Ross, Hitt Contracting Inc.

The winners will be profiled in the August issue of Virginia Business.