FINANCE/INSURANCE JEFF RICKETTS
PRESIDENT, ANTHEM BLUE CROSS AND BLUE SHIELD VIRGINIA, RICHMOND
A Richmond native, Ricketts was named president of Anthem in Virginia in 2017, but he’s been with the insurance company since 1984 and previously served as regional vice president of sales. Aside from work, he’s kept a busy volunteer schedule serving on Venture Richmond, the Virginia Business Council, as chair of his March of Dimes chapter and on the executive committee of the Virginia Association of Health Plans. Ricketts has also gone on volunteering trips to Ecuador and India, and in April, Anthem’s foundation committed $1.9 million to Virginia COVID-19 economic relief.
EDUCATION: James Madison University (B.A.)
MOST RECENT BOOK READ: “The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives,” by Peter Diamandis and Steven Kotler
BEVERAGE OF CHOICE: Beer — IPAs (the hoppier the better)
FIRST JOB: Painting houses. I had my own paint con- tracting company. It was a great job that helped me pay for college, but I’m glad I chose a different path.
TOM RYAN
PRESIDENT AND CEO,
LANGLEY FEDERAL CREDIT UNION, NEWPORT NEWS
Ryan, president and CEO of Langley since 2012,
previously served as executive vice president and chief operating officer at Marlborough, Massachusetts- based Digital Federal Credit Union. With more than 30 years of credit union experience, he has seen Langley’s assets grow from $1.7 billion to $3.5 billion during his tenure. Te fifth-largest credit union in Virginia, Langley
has more than 20 branches in the Hampton Roads area. Its membership has grown from 165,000 to 280,000 since Ryan took over. One of the 100 largest federal credit unions in the
country, Langley will celebrate its 85th anniversary in 2021. In January 2019, Norfolk-based Old Dominion University Credit Union completed its merger with Langley, bringing on more than 3,000 members. Late last year, Langley formed a joint venture
with Newport News-based Garrett Realty Partners to form Garrett Mortgage. Te goal of the joint venture is to offer homebuyers a seamless process in buying and financing a home. Ryan serves on the board of directors for Langley
for Families Foundation, a community charity launched by the credit union in 2014, the Boys & Girls Clubs of the Virginia Peninsula’s board, Credit Union Student Choice and Callahan & Associates Inc.
JAMES SCHENCK
PRESIDENT AND CEO, PENTAGON FEDERAL CREDIT UNION, MCLEAN
Schenck, an Army veteran, has led PenFed’s asset growth from $17 billion when he started as CEO in 2014 to more than $25 billion, and increased its membership from 1.3 million to 2 million. He has also generated $856 million in net worth — a 45% increase — in his first five years at the helm of the nation’s second-largest federal credit union. In 2017, Schenck was elected the National Credit
Union Hero of the Year; the following year he earned the Large Business Philanthropist of the Year Award for greater Alexandria. He’s also CEO of the PenFed Foundation, which has raised more than $35 million to help military veterans. PenFed has 2,700 employees worldwide and had
a fiscal year 2019 revenue of $1.03 billion. In honor of reaching its two million members milestone this year, PenFed donated $2 million to local charities and veterans.
EDUCATION: U.S. Military Academy at West Point (B.S.), Harvard Business School (MBA)
HOBBY/PASSION: During his military career, Schenck flew Black Hawk helicopters in Korea and trained other Army aviators as a night vision goggle instruc- tor pilot. Schenck is still an avid pilot and recently completed an orientation flight in an F-16 fighter jet.
ALBERTO SCHIAVON
CEO, ELEPHANT INSURANCE SERVICES LLC, GLEN ALLEN
Schiavon, a native of Venice, Italy, previously worked for Elephant’s United Kingdom-based parent com- pany Admiral Group before coming to Henrico to head up marketing and pricing at Elephant in March 2017. Schiavon was named CEO of the direct-to- consumer insurance company eight months later. He oversees 675 employees at the auto, motorcycle and home insurer. Recently, Elephant expanded its ser- vices to drivers in Ohio and will soon insure drivers in Georgia. During the pandemic, Schiavon sent 95% of his employees home to telework.
EDUCATION: University of Padova, Italy (B.S.); Manchester Business School, England (MBA)
FIRST JOB: My very first job was tutoring young students in math. It was very rewarding to see them learn new skills, gain confidence in their abilities and improve their scores.
HOBBY: Virginia has amazing state parks. My wife and I love to spend our weekends hiking in these parks, breathing fresh air and relaxing in the beauty of nature.
FREDRICK D. SCHAUFELD
MANAGING DIRECTOR AND CO-FOUNDER, SWAN & LEGEND VENTURE PARTNERS, LEESBURG
Schaufeld in 2006 co-founded investment firm SWaN & Legend, which invests in consumer brands, content, digital commerce, retail, restau- rants and wellness companies. He is also a partner in Monumental Sports and Entertainment (which owns the Capital One Arena and teams including the Washington Capitals and Wizards); the Washington Nationals; e-sports company Team Liquid and the Professional Fighters League. Before founding SWaN, Schaufeld founded
and led NEW Corp., which was acquired by cell phone warranty company Asurion Corp. (now NEWAsurion) in 2008. NEWAsurion reported approximately $6 billion in revenue in 2019. Schaufeld sits on the boards of retail compa-
nies including Te Noodle Cos., Custom Ink and Framebridge. He also is a member of the Wolf Trap Foundation for the Performing Arts and the Schaufeld Family Heart Center of the Inova Loudoun Hospital is named for his family’s donations. Schaufeld and his wife, Karen, ran into roadblocks
when they purchased a dilapidated Harpers Ferry, West Virginia, hotel for $10 million in 2007 and tried to renovate it, a move opposed by some neighbors. Te couple plans to move forward with the project this year after the state passed a law overriding land-use regulations in the small town.
CHRIS
SHOCKLEY
PRESIDENT AND CEO, VIRGINIA CREDIT UNION, RICHMOND
Shockley was named CEO in 2016 after joining Virginia Credit Union in 2003 as senior vice president of member services. Te Roanoke native previously worked for 14 years in retail banking in Virginia and North Carolina, beginning his career as a bank teller during college. Shockley, who lost his sister to multiple sclerosis,
serves on the board of trustees for the Virginia-West Virginia chapter of the National Multiple Sclerosis Society. He also serves on the boards of the Virginia Council on Economic Education and the YMCA of Greater Richmond. Virginia Credit Union is the state’s third-largest
credit union, with more than 300,000 members and $3.7 billion in assets. In 2019, Virginia Credit Union acquired Joyner
Fine Properties, expanding its real estate options and homeowner services. Te credit union also announced it would donate $5 million to fund two endowments at the Virginia Commonwealth University School of Business, promoting financial wellness. Recently, the credit union has been involved in a
dispute with the Virginia Bankers Association over whether the credit union can offer membership to the Medical Society of Virginia’s 10,000 members. In July, the SCC heard the case, which could be appealed to the Supreme Court of Virginia.
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VIRGINIA 500
ALBERTO SCHIAVON: PHOTO BY JOE MAHONEY, RICHMOND TIMES-DISPATCH
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