The Big Book: Most Influential Virginians On the move
John C. Asbury, CEO, Union Bankshares Corp., Richmond Asbury joined Union Bank & Trust as its CEO in August 2016 and became head of the parent company at the start of last year. Virginia’s largest community bank for many years, Union in January became a $12.3 billion regional bank after completing its acquisition of Richmond- based Xenith Bank.
Thomas Barkin, president and CEO, Federal Reserve Bank of Richmond A former senior partner and chief risk officer at McKinsey & Co., Barkin became the head of the Richmond Fed in January. Barkin is a voting member this year on the Fed’s chief monetary policy body, the Federal Open Market Committee. He is a former board member and chairman of the Federal Reserve Bank of Atlanta.
Robert M. “Bob” Blue, executive vice president, president and CEO, Dominion Energy Power Delivery Group, Richmond Blue’s star continues to rise. He’s responsible for Dominion’s electric transmission, distribution and customer service operations. Expect to see and hear more from him as Dominion makes a big push into renewable energy and seeks to upgrade its transmission grid through a legislative proposal intended to replace a controversial
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rate freeze in effect since 2015. Blue, who joined the company in 2005, was promoted last May from senior vice president to executive vice president. He chairs the Virginia Healthcare Foundation’s board of directors and also serves on the Sports Backers board in Richmond.
Michael Bor, co-founder and CEO, CarLotz Inc., Richmond CarLotz, a consignment store for vehicles, opened in Richmond in 2011. The company recently opened a store in Tampa, its first in Florida. Its other locations are in Richmond, Midlothian and Cheseapeake in Virginia and Charlotte and Greensboro in North Carolina.
Jennifer Boykin, president, Newport News Shipbuilding, Newport News
Boykin is the first woman president of the largest shipbuilding company in the country. Newport News Shipbuilding is the nation’s sole builder of nuclear aircraft carriers. She joined the company 30 years ago as an engineer.
Matt Calkins, founder and CEO, Appian, Reston
Earlier this year, when the stock market was surging, Calkins was heralded as one of Northern Virginia’s newest billionaires, at least on paper. He owns about 47 percent of the stock, or 28.4 million shares, in his business software company, which
MARCH 2018
Making a difference These leaders are having an impact on a wide range of fields in Virginia.
had one of the most successful IPOs in 2017. After the IPO, shares rocketed from $12 to more than $40 a share but were trading at just over $27 at press time.
Teresa Carlson, vice president, Worldwide Public Sector, Amazon Web Services, Herndon Amazon seems to be everywhere in Virginia these days. It is building an e-commerce and distribution center in Frederick County and put Northern Virginia on the short list of the 20 areas still under consideration for Amazon’s second corporate headquarters. Carlson leads the public sector of Amazon’s cloud-services unit, which plans to build an East Coast campus in Fairfax County.
Stephan Cassaday, CEO and founder, Cassaday & Co. Inc., McLean
Cassaday heads an independent wealth management firm in McLean, which has $2.4 billion in assets under management. He has been ranked by Barron’s as the top financial adviser in Virginia for three of the past four years.
Carrie Chenery, executive director, Shenandoah Valley Partnership, Harrisonburg Chenery, a Rockbridge County native, joined the partnership in 2015. She previously was an assistant secretary of agriculture and forestry with responsibility for economic development
efforts. Chenery is a member of the board of directors of the Virginia Economic Development Partnership.
Kimberly Christner, president and CEO, Cornerstone Hospitality, Williamsburg
Christner has become a driving force in Virginia’s boutique hotel industry. Her company is a key partner in the development of hotels in small markets, typically properties that involve rehabbing historic buildings. The Western Front hotel opened in St. Paul in Southwest Virginia in February. Two more hotels — in Lynchburg and Farmville — are scheduled to open this year.
Tad Deriso, president and CEO, Mid-Atlantic Broadband Communities Corp., South Boston Deriso is leader of a company that promotes economic growth in rural areas through the development of a fiber-optic broadband network. He serves on the board of the Virginia Chamber of Commerce.
Jeff Detwiler, president and CEO, Long & Foster Real Estate, Chantilly Detwiler heads one of the largest residential real estate companies in the country. Previously COO, he became CEO in September when HomeServices of America Inc., a Berkshire Hathaway subsidiary, acquired Long & Foster. The company had $29 billion in sales last year
and has11,000 agents. Detwiler serves on many Washington, D.C.-area boards, including the Greater Washington Board of Trade.
Mike Grisham, president and CEO, Virginia Biosciences Health Research Corp. (Virginia Catalyst), Richmond
Grisham has led the nonprofit organization, funded by the state and seven public universities, since its beginning five years ago. The Catalyst has awarded 26 grants totaling $10.5 million to bioscience projects that encourage collaboration among universities and private companies.
Suzy Kelly, CEO of Jo-Kell Inc., Chesapeake
Kelly is the new chair of the Virginia Chamber of Commerce board of directors. Her company specializes in Navy shipboard and high-tech industrial automation products, systems and services. It has more than 60 employees in five offices. Kelly also is a member of the Chesapeake City Council.
J. Ryan Lingerfelt, principal, president, chief investment officer, Lingerfelt Commonwealth Partners, Henrico County Lingerfelt is a key player in a real estate firm that continues to grow through acquisitions. One recent purchase is the 405-room Norfolk Waterside Marriott. Lingerfelt plans $25
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