Most Influential Virginians 50 most inf luential Virginians Leadership, big ideas put this group in the limelight

by Paula C. Squires here was a lot of moving and shaking in between Richmond and Hampton Roads. ’s business community during the Phebe Novakovic and Wes Bush, CEOs at Virginia’s largest past year. Hilton Worldwide in McLean defense contractors, were more concerned about contraction as pulled off the largest IPO ever in the hotel they shepherded their companies through the federal defense industry in a take-the-company public cuts that came with sequestration. event that landed CEO Christopher Overall, the list tracks who’s moving up, making a Nassetta on our second annual list of the difference and shaping outcomes. Many of these leaders run Top 50 Most Influential Business Leaders companies, serve on high-profile boards and give generously to in Virginia. philanthropic causes. Besides a record IPO, other things caught our attention: Virginia Business did not consider elected officials or Tbig promotions, big ideas and leadership amid uncertainty. college and university presidents. The magazine kept the focus On the big ideas front, Tom Frantz, CEO of one of Virginia’s on people who are growing their businesses and having an largest law firms, is pushing for the creation of a mega region impact on the key issues of the day.

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G. Robert Aston Jr. Ramon W. Breeden Jr. Chairman and CEO, TowneBank, Suffolk President and CEO, The Breeden Co., Virginia Beach The leader of one of Virginia’s largest With eight major developments worth community banks, Aston started TowneBank almost $1 billion under construction, The and developed it into a financial institution Breeden Co. is a significant player in Virgin- with 28 branches and $4.5 billion in assets. ia’s real estate development industry. Some Last fall, the bank opened the 20,000-square- of the company’s biggest projects include a foot Towne University on its Suffolk corporate mixed-use project on 25th Street in Virginia campus, where it provides training and continuing educa- Beach, which includes 147 luxury apartment homes, a tion for employees. The bank is considering expansion parking garage and an indoor sky diving experience. The into the Richmond area, but no timetable has been set. company also is building apartments on Portsmouth’s TowneBank donates 8 percent of its annual profits to chari- waterfront and in Henrico County. The Breeden Co. is one table causes. “We very heavily believe in putting back into of the few real estate firms that builds, owns and retains its the community,” says Aston. He is chairman of Eastern Vir- properties. “The main thing I’m interested in is creating ginia Medical School Foundation’s board of trustees and jobs,” says Breeden, adding that each project creates about serves on the boards of the Nansemond-Suffolk Academy, 500 jobs. Breeden is on the boards of the Hampton Roads the Hampton Roads Business Roundtable, the Virginia Military Federal Facilities Alliance, the Virginia Beach Edu- Sports Hall of Fame, Old Dominion University Intercolle- cation Foundation and the Virginia Symphony Orchestra. giate Foundation and the Fort Monroe Authority. He gives to 100 charities, but one of the most important to him is the SPCA. Breeden owns two golden retrievers Martin J. Barrington and 40 Black Angus cattle on his Mathews County farm. He Chairman and CEO, Altria Group Inc., Richmond recently bought two racehorses. “I’m concerned about the Barrington leads Altria, a industry giant that slaughtering of horses,” says Breeden. “I couldn’t get into has expanded into smokeless products in recent years. the issue until I got involved in racehorses myself.“ Altria is the parent company of Philip Morris USA, the nation’s largest maker. Cigarette and cigar sales Macon F. Brock Jr. account for 75 percent of Altria’s profit. An Altria subsidiary, Chairman, Dollar Tree Inc., Chesapeake NuMark, is test marketing an called Brock is a co-founder of Dollar Tree, a Fortune 500 MarkTen and in January announced plans to acquire elec- company operating almost 4,400 stores. The company is tronic cigarette maker Green Smoke Inc. for $110 million. developing 70 acres to its headquarters in Chesa- Barrington, who has worked for Altria since 1993, became peake’s Greenbrier area into a mixed-use project similar chairman and CEO in 2012. He previously was vice chair- to the Town Center of Virginia Beach. The project will be man. Barrington serves on the board of trustees of the built in phases over the next 35 years, beginning with the Virginia Museum of Fine Arts. construction of 270 apartments this year. Brock was Dollar Tree’s CEO from 1993 to 2003. He and his wife, Joan, are David L. Bernd well known for their philanthropy, especially to their alma CEO, Sentara Healthcare, Norfolk maters, Randolph-Macon College and Longwood Univer- Sentara continues to extend its reach sity, respectively. Brock serves on the board of Toano-based beyond its base in Hampton Roads. Last Lumber Liquidators Inc. and rue21 inc., a Pennsylvania-

July, South Boston-based Halifax Regional based apparel retailer. MOST INFLUENTIAL VIRGINIANS Health System joined Sentara, becoming its 11th acute-care hospital. On New Year’s Day, Wesley G. “Wes” Bush Rockingham Memorial Hospital in Harrison- Chairman, president and CEO, Northrop Grumman burg officially became Sentara RMH Medical Center, a Corp., Falls Church name change acknowledging its merger with the Norfolk Since moving Northrop Grumman from Los Angeles health system in May 2011. In addition to seven hospitals to Falls Church in 2011, the head of Virginia’s second larg- in Hampton Roads, the network also includes Martha Jef- est publicly traded company has made cybersecurity train- ferson Hospital in Charlottesville and Sentara Northern ing a key workforce issue. Bush has worked with George Virginia Medical Center (formerly Potomac Hospital) Mason University in Fairfax County and the University of in Woodbridge. Bernd has been CEO of Sentara since Maryland on programs to help ensure a pipeline of skilled 1994. workers for the defense industry. He serves on the board of

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Norfolk Southern Corp. in Norfolk. In the nonprofit arena, under Democratic Gov. Mark R. Warner from 2002 to 2005 he recently completed a two-year term as chairman of the and before that was a member of the Virginia House of Business-Higher Education Forum. The group of Fortune Delegates, representing the Danville area for 14 years. He 500 CEOs and college and university presidents promotes led the Virginia Chamber of Commerce in 2011 as chair- collaborative efforts, particularly on workforce issues. Bush man and is a past chairman of the State Council of Higher also is a past chairman of the Aerospace Industries Associa- Education for Virginia and a former president of the Virginia tion board of governors. Bar Association. He also is the immediate past chairman of LEAD Virginia, a statewide leadership development pro- Whittington W. “Whitt” Clement gram. Partner, Hunton & Williams, Richmond As testimony to his many connections, Ben J. Davenport Jr. new Gov. Terry McAuliffe selected Clement, Chairman, Davenport Energy and First Piedmont Corp., head of Hunton & Willams’ government rela- Chatham tions team, as co-chair of his transition team. Davenport is a staunch opponent of plans by Virginia Clement served as secretary of transportation Uranium Inc. to mine an estimated 119-million-pound ura- nium deposit near his hometown in Pittsylva- nia County. He welcomed the news that Gov. Terry McAuliffe would veto any legislation Nancy Howell Agee trying to lift Virginia’s 32-year moratorium on President and CEO of Carilion Clinic, Roanoke uranium mining. “McAuliffe did exactly what he said he would do in his campaign,” Daven- six cities and 18 counties in Vir- port says. “It has brought a sense of relief to ginia and West Virginia. The clinic Southern Virginia that he did and that Virginia employed 11,000 employees in Uranium has withdrawn its efforts for the time the fourth quarter of 2013 (600 of being.” Davenport co-founded the Future whom were physicians). of the Piedmont Foundation, which drew up “I want to help our region a plan using tobacco settlement money to become healthier. It’s our mission; reshape the economy of Danville and Pitt- it’s my passion,” she told Roanoke sylvania. The results include a regional fiber- Business in an interview published optic network and the Institute for Advanced last month. Learning and Research in Danville. Agee and Carilion also have earned various accolades. Recently, James W. Dyke Jr. U.S. News & World Report named Senior Advisor, Virginia State Government Carilion Roanoke Memorial Hospi- Relations, McGuireWoods Consulting, tal the eighth best hospital in the Tysons Corner commonwealth, and Virginia Liv- When Gov. Terry McAuliffe went looking ing named it the “Best Hospital” for advice, he put one of Northern Virginia’s Photo by Sam Dean in Southwest Virginia. Becker’s best-known power brokers on several of his Hospital Review has listed Agee as transition committees. Dyke, a former state Agee has been working at Car- one of “130 Women Hospital and secretary of education, was a member of ilion since 1973 where she started Health System Leaders to Know.” McAuliffe’s committees on higher education, as a nurse. Today, she leads the She serves on several boards K-12 education and transportation. Another nonprofit health-care system that including the Joint Commission new challenge is serving as a senior adviser to includes eight hospitals, the Jef- Board of Commissioners, which ferson College of Health Sciences, accredits health-care organiza- the Norfolk State University board of visitors a multispecialty physicians group tions; RGC Resources and the and the school’s interim president, Eddie N. and the Virginia Tech Carilion Taubman Museum of Art (both Moore Jr. NSU has been placed on warning by School of Medicine and Research based in Roanoke). In 2013, Agee its accreditation agency for compliance issues Institute, a joint venture with the was honored with the Ann Fralin relating to financial resources and board gov- university. Award for her community leader- ernance. Dyke’s legal practice includes corpo- Carilion serves patients in ship and support of the arts. rate, legislative, education and governmental relations.

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Richard D. Fairbank Founder, chairman and CEO, Gilbert T. Bland Capital One Financial Corp., McLean Chairman, The GilJoy Group, Norfolk Capital One Financial Corp. His surname not withstand- continues to thrive and is among ing, there’s nothing bland about the country’s largest banks the résumé of Gilbert T. Bland. with $204.5 billion in deposits A franchisee of Burger King and $297 billion in assets as of and Pizza Hut for 25 years, Bland is a high-profile figure in higher Dec. 31. It has more than 900 branches, in education, serving on some of six states, including Virginia. It consistently Virginia’s most important boards. ranks on lists of “Best Places to Work” and He’s the current chairman of the has been recognized for its efforts in diversity State Council of Higher Educa- and civic involvement. Capital One provided tion for Virginia. During his ten- $45 million in philanthropic support in 2013 ure, SCHEV has worked with the governor and General Assembly to nonprofit and community groups. On the to increase higher education credit-card side, the company has taken some spending and improve accessibil- lumps with the opening of the Consumer ity and affordability. Financial Protection Bureau. Since the bureau In 2008, Bland received the began collecting credit card data in 2011, Martin Luther King, Jr. Commu- nity Service Award from Tidewa- Capital One — along with other major credit ter Community College. He also Photo courtesy State Council of Higher Education card providers — has been hit with thousands has served on the Old Domin- for Virginia of complaints. ion University board of visitors, He began his business the James Madison University career as a commercial lending Thomas F. Farrell II Foundation board of trustees officer for the Continental Bank Chairman, CEO and president, Dominion and the of the of Chicago and served as vice Virginia Small Business Financing president of the Independence Resources Inc., Richmond Authority. Bank of Chicago. In addition to Farrell has led energy giant Dominion Bland’s company has owned SCHEV, he is a member of the Resources Inc. since 2006. Last year, Domin- and operated more than 70 res- board of LEAD Virginia and the ion won a competition to lease part of the taurants in Virginia, North Caro- Virginia Chamber of Commerce. Atlantic Ocean off the Virginia coast for lina and Pennsylvania. He serves Locally, he serves on the board of on the board of directors of the potential commercial wind energy develop- directors of the Hampton Roads National Franchise Association Community Foundation, Greater ment. Farrell has become a national leader on as president of the Burger King Norfolk Corp. and Elevate Early energy policy, having recently completed his Minority Franchise Association. Education. term as chairman of the Edison Electric Insti- tute. He also is active on community boards, including his chairmanship of the Colonial privately held real estate companies in the U.S., continues Williamsburg Foundation’s board of trustees. Last year he to add real estate offices and develop its ancillary services, added film-making to his list of hobbies. This year, “Field such as mortgages and title insurance. The executive team, of Lost Shoes,” which he helped write and produce, is which includes several members of Foster’s family, handles scheduled to . It chronicles the VMI Cadets’ role most day-to-day operations. Foster has served on the in a Civil War battle. Virginia Military Institute board of visitors since July 2007 and is a director at the Lane Construction Corp. His fam- P. Wesley Foster Jr. ily foundation last year contributed to organizations such Chairman & CEO, The Long & Foster Cos., Chantilly as The Arc, Salvation Army, Doctors Without Borders and Now 80, Foster plans to continue working for the Sustainable Harvest International. company he co-founded 45 years ago. “Not a chance,” he responds when asked if he has any plans for retirement. Thomas R. Frantz Foster still comes to the Chantilly headquarters most days CEO and president, Williams Mullen, Virginia Beach of the week and also visits agents in the field to ensure The leader of one of Virginia’s largest law firms, Frantz they have the tools they need. The firm, one of the largest is out front on many high-profile issues. His law firm cham-

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pions the expansion of U.S. 460 in Hampton Roads, and for transportation funding in the General Assembly. he’s pushing for the merger of Hampton Roads and Rich- mond into a mega-region that would be the 18th largest in William H. Goodwin Jr. the country. “In order to remain competitive in an emerg- Chairman, CCA Industries Inc., Richmond ing world market, the regions should begin discussing For a man who likes to stay in the background, Goodwin how they can collaborate and capitalize on one another’s is taking the lead in some high-profile places. He is vice rec- strengths,” he says. Frantz serves on the board of the Vir- tor on the board of visitors for the . If ginia Business Higher Education Council and the board of named rector, he’s in line to lead the board when the univer- visitors at the College of William & Mary where he’s a liaison sity’s contract with President Teresa Sullivan expires in 2016. in another possible merger: the combination of W&M with A public uproar over Sullivan’s abrupt dismissal and later Eastern Virginia Medical School in Norfolk. In 2013 Frantz, reinstatement in 2012 prompted then-Gov. Bob McDonnell along with 29 CEOs from the region’s largest companies, to appoint Goodwin as a nonvoting “senior adviser” to the formed the Hampton Roads Business Roundtable to push board to help calm things down. This is Goodwin’s second tour at Virginia’s flagship school, having first served on the board from 1996 to 2004. He and Stephen M. “Steve” Case his wife, Alice, also are involved in a push for a new children’s hospital in Richmond. The phi- Chairman and CEO, Revolution, Washington, D.C. lanthropists have indicated they would make a major donation if an independently operated hospital gets the green light.

Gerald L. Gordon President and CEO, Fairfax County Economic Development Authority Now in his 30th year with the county, Gordon is known as a hard-charging leader who scores deals. Fairfax County continues to rack up success stories with several big announcements in 2013, including a decision by Cvent to remain in the county, moving to a new headquarters at Tysons Cor- ner. The company, which makes software for event planners, will retain a current workforce Photo courtesy Revolution of 450 employees and plans to hire an addi- tional 400 people. Gordon also found time to If Steve Case was looking for Jean, signed the Giving Pledge. th a snappy mantra, perhaps it would The national program started by publish his 13 book and to assume the chair- be “give big.” That’s what Case Bill and Melinda Gates and Warren manship of the Foundation for Fairfax County continues to do as one of Ameri- Buffet encourages billionaires to Public Schools. ca’s best-known entrepreneurs and donate 50 percent of their wealth philanthropists. to charities. Sheila C. Johnson Case, who co-founded Amer- Case is chairman of the Case CEO, Salamander Hotels & Resorts, ica Online in 1985, was a pioneer Foundation and UP Global, a new in making the Internet part of organization focused on promot- Middleburg everyday life. Today, he heads up ing entrepreneurship, created by This entrepreneur and philanthropist Revolution, a D.C.-based invest- Startup Weekend and the Startup continues to make headlines. ment firm that has backed more America Partnership. The Cases Johnson’s company opened the than 30 companies, including five also own a Virginia winery, Early first new luxury resort in Virginia in Virginia: CustomInk, Echo 360, Mountain Vineyards in Madison, Resonate, AddThis and FedBid. which donates most of its profits to in years in 2013. The 340-acre, In 2010, Steve and his wife, the wine industry. $100 million-plus Salamander Resort & Spa in Middleburg remained true

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The Big Book MOST INFLUENTIAL VIRGINIANS to its roots in Virginia’s elite horse country. A 22-stall stable encourages guests to bring their Heywood Fralin horses. Johnson also found time to serve as an Chairman, Medical Facilities of America Inc., Roanoke executive producer for a movie, Lee Daniels’ “The Butler”; manage her professional wom- Fralin continues to wield influence in higher education, en’s basketball team, the WNBA’s Washington the arts and economic develop- Mystics; and serve as the first African-American ment. As chairman of the Vir- woman on the executive committee of the U.S. ginia Business Higher Education Golf Association. Council and a member of the State Council of Higher Educa- John P. Jumper tion, Fralin makes the case for higher-ed reform, noting that the Chairman and CEO, Leidos, Reston quality and affordability of higher Leidos includes the national education is critical to Virginia’s security, health and engineering future. “There are a lot of pro- businesses of Science Applica- grams that benefit low-income tions International Corp. (SAIC). students, and high-income students don’t need help, but Jumper, the former chairman middle income families are get- and CEO of SAIC, split the company in late ting squeezed,” he says. September, spinning off government techni- He administers the Horace cal services and enterprise IT businesses as a G. Fralin Trust — a charitable Photo courtesy Medical Facilities of America separate entity that kept the SAIC name. He trust created by his late brother says the split will create more business oppor- — which pledged $5 million in for the Virginia Museum of Fine 2012 over five years to Virginia Arts. The Fralins have been gen- tunities for both companies. Jumper, a VMI Western Community College in erous financial supporters of the graduate, served 39 years in the U.S. Air Force Roanoke for an endowment to be Taubman Museum of Art in Roa- before retiring as the chief of staff. In Febru- used for scholarships. Seventy- noke, where Fralin serves as the ary, Jumper announced plans to retire as CEO five percent of the funding will go museum board’s vice chairman. of Leidos once a successor is named. He will to students pursuing degrees in Next up for Fralin? He’s STEM fields (science, technology involved in the initial stages of remain chairman of the board. engineering and mathematics). what he says will be a new eco- His wife, Cynthia Fralin, is a nomic development initiative for Bobbie G. Kilberg member of the board of trustees the Roanoke area. President and CEO, Northern Virginia Technology Council, since 2012, but he continues to make national news. In Herndon December, he testified before the House Judiciary Com- Kilberg has wide-ranging connections to mittee, saying that the U.S. Bankruptcy Code should be top leaders in the technology, business and changed to handle the failure of a large financial situation. political communities. A fixture on Northern Such a change, he believes, would reduce the need for a Virginia’s power lists, Kilberg has been at the government bailout. Lacker, known as an inflation hawk, helm of the state’s largest tech group for 12 was the lone dissenting voice on many Fed decisions in years, and she worked in the White House 2012. However, he said in a speech last November he was under four Republican presidents. The tech council’s latest surprised by the recent stability of inflation. Lacker will initiative focuses on veterans’ employment, with the NVTC become a voting committee member again in 2015. providing tools and resources to match veterans with jobs. In December, Kilberg was named a laureate in the Wash- Alan Kirshner, chairman and CEO ington Business Hall of Fame. She also serves on the board Anthony Markel, vice chairman of visitors for the University of Virginia. Steven Markel, vice chairman Markel Corp., Richmond Jeffrey M. Lacker These three men the senior leadership of Rich- President, Federal Reserve Bank of Richmond mond-based Markel Corp., a specialty insurance industry Lacker has not been a voting member of the interest- giant with $12.5 billion in assets. Last year, the company rate-setting Federal Open Market Committee (FOMC) acquired Bermuda-based Alterra Capital Holdings Ltd. in a

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things he wanted to accomplish Krishna Kodukula on his “bucket list.” Today, the sports team owner, investor, Executive director, strategic development and site head, filmmaker and philanthropist SRI Shenandoah Valley, Harrisonburg has knocked off all but 18. He’s is housed at Innovation Village managed to create $1 billion on an outside at Rockingham, where research investment — but that hole-in-one remains focuses on disease prevention, elusive. Monumental owns the Washington detection and treatment. Capitals, Washington Wizards and the Wash- The facility spun off two companies in 2013. Redcoat ington Mystics and operates the Verizon Cen- Solutions is developing bed bug ter in D.C. and the Kettler Capital Iceplex in detection and treatment prod- Arlington. Last year he led online discount site ucts, and RioGin is developing a Groupon as interim CEO, seeing the compa- technology to increase the effi- ny’s stock quadruple. He sits on the board of cacy and reduce the side effects of certain drugs, such as those Revolution Growth and was a key partner on used to treat cancer and diabe- a major investment in McLean-based Custom- tes. A third cancer diagnostics Ink. He is active in philanthropy, supporting company also is in the works. more than 400 charities in the last 12 months. Kodukula is on the advisory He was recently honored for his involvement panel for the Virginia Biosci- in the “Best Buddies” organization and still ences Health Research Corp., created last year to foster scien- exchanges emails and texts with his Buddy on tific research innovation, among a daily basis. other things. He also is on the Photo courtesy SRI Shenandoah Valley board for the Shenandoah Valley John Luke Partnership, the board of trust- Chairman & CEO, MeadWestvaco Corp., Kodukula helped build SRI ees at Bridgewater College and Shenandoah Valley from the is a member of the Eastern Men- Richmond ground up. SRI Shenandoah nonite University Commission for Luke has worked for paper and packaging Valley was born in 2007 when a the Sciences. company MeadWestvaco for 33 years. He has group of researchers from SRI He still finds time to teach, been president and CEO of Westvaco since International, a national non- serving as an adjunct professor 1992, overseeing its merger with Mead and profit research institute, began at JMU. His best advice for stu- move to Richmond from Connecticut in 2006. working in a laboratory at James dents? “I always tell them that Madison University (JMU). imagination is their limit … Kids The company made headlines in October Today, SRI Shenandoah Val- have to imagine, and it is pos- when it decided to sell all of its timberland for ley’s 40,000-square-foot facility sible to achieve their goals.” $934 million in cash and financing to a timber real estate development trust. Luke is active on industry boards, including the National $3.3 billion deal that broadened Markel’s global reach and Association of Manufacturers and the Ameri- greatly expanded its reinsurance business. While Kirshner can Forest & Paper Association. He is a trustee of the Vir- has the CEO title, he and cousins Anthony and Steven ginia Museum of Fine Arts and the American Enterprise Markel operate as a group, continuing a power-sharing tra- Institute for Public Policy Research. dition begun by the sons of company founder Sam Markel. In 2010, the company appointed Thomas Gayner, Richard Tonya Mallory Whitt and Michael Crowley to its three-member office of CEO, president and co-founder, the president, extending the triumvirate trend to a third Health Diagnostic Laboratory Inc., Richmond generation. Mallory has taken Richmond by storm. She was this magazine’s 2013 Business Person Ted Leonsis of the Year in recognition of the impressive Founder, chairman and majority owner, Monumental ramp up of her advanced cardiovascular test- Sports & Entertainment, Washington, D.C. ing and health management company. After Since the early 1980s, Leonsis has been checking off cashing in her and her husband’s retirement funds and their

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The Big Book MOST INFLUENTIAL VIRGINIANS children’s college savings accounts to start Health Diagnostic Laboratory in 2009, Mal- George Keith Martin lory has gone on to create an enterprise Managing partner, McGuire Woods LLP, Richmond with more than 800 employees and opera- Martin took over as rector of tions throughout the U.S. Her hard work and the University of Virginia board innovation led to a national award. In 2012 of visitors last July, becoming the Ernst and Young named her its National university’s first African-American Entrepreneur of the Year in the emerging rector (he received his undergradu- ate degree from U.Va. in 1975 and company category. earned his law degree from How- ard University three years later). Charles W. “Wick” Moorman Martin also is on the board Chairman and CEO, Norfolk Southern of Regent University’s School of Corp., Norfolk Law and formerly served on the Moorman has led Norfolk James Madison University board of visitors. Southern since 2005. The Since he became rector at company ships a lot of coal, U.Va, the Southern Association of but the problems of that Colleges and Schools Commission industry have not dragged on Colleges lifted the warning it the railroad company down. During 2013, had placed on the university after the board’s failed ouster of Presi- Norfolk Southern’s net income rose 9 per- dent Teresa Sullivan in 2012. cent from 2012, despite a 2 percent decline Martin, however, isn’t focused in coal revenues. The company’s results just on higher education. He’s been Photo courtesy University of Virginia were led by growth in chemicals, metals/ teaching a class of 5-year-olds construction and automotive coupled with at Faith Landmarks Church since involving the Greater Richmond productivity improvements. In addition to 1986. Convention Center, roasting “We do puppets and character his many board memberships outside the plants for Starbucks, Capital One’s skits and object lessons and have a Goochland Campus and several office, Moorman is a member of the Hamp- lot of fun,” Martin says. “It keeps student housing projects. ton Roads Business Roundtable, a group you young,” he says with a laugh. He has served on numerous of local executives who banded together As managing partner at boards and commissions including to encourage passage of a comprehensive McGuireWoods’ Richmond office, the Virginia Arts Commission, Chil- Martin primarily works on cases transportation funding bill in the General dren’s Museum of Richmond and dealing with construction, public- Assembly and to stop plans to privatize the executive committee of the private partnerships and real Housing and Development Law operations of the Port of Virginia. estate. He has handled projects Institute in Washington. Christopher J. Nassetta President and CEO, Hilton Worldwide Holdings Inc., Alex Nyerges McLean Director, Virginia Museum of Fine Arts, Richmond Talk about hospitality. The stock market put out a wel- Nyerges heads the VMFA, the oldest state-run art come mat for Hilton Worldwide last year when it completed museum in the country, which houses 33,000 pieces of art, the biggest initial public offering ever in its industry. Hilton employs 600 full- and part-time employees and has more Worldwide raised about $2.3 billion in what was the sec- than 40,000 household memberships. A big focus right now ond-largest IPO in the country in 2013. Nassetta, 52, joined is the start of the museum’s next strategic plan, which will Hilton in 2007 and oversaw some transformative changes cover the years 2015-2020. “Last year we had more than along with owner Blackstone Group LP before Decem- 500,000 visitors to the campus,” says Nyerges. “We’re ber’s IPO. He was born in Arlington and graduated from missing a lot of Virginians, so we want to build on our suc- the University of Virginia‘s McIntire School of Commerce cess and introduce the museum and art to more people.” with a degree in finance. He serves on the school’s advisory Although his job requires 13- or 14-hour days, seven days board and many other boards, including the World Travel a week, Nyerges takes time each day for his own artistic & Tourism Council, CoStar Group Inc. and the Real Estate pursuits: photography and writing. He has written seven Roundtable. novel-length books.

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Milton V. Peterson Mike Petters Principal and chairman of The Peterson Cos., Fairfax President and CEO, Huntington Ingalls Industries Inc., Peterson’s Fairfax-based real estate development com- Newport News pany has been around since the early 1970s. The company Petters has led the nation’s only builder continues to develop National Harbor, a mixed-use develop- of nuclear-powered aircraft carriers since the ment in Prince George’s County, Md., featuring shopping, company was spun off from Northrop Grum- dining, hotels and residences. In 2013, Peterson Cos. opened man Corp. in 2011. The shipbuilder made its Tanger Outlets at National Harbor. The 340,000-square-foot first acquisition earlier this year when it bought outlet center created about 1,000 jobs in the area. Late last The S.M. Stoller Corp., a Colorado-based provider of envi- year MGM Resorts International won a license to build a ronmental, nuclear, technical and engineering services to $925 million casino at the mixed-use community. Plans for the departments of Energy and Defense and the private the 23-acre resort include an 18-story hotel tower, 3,600 slot sector. The deal expands the company’s work in the nuclear machines and 140 gaming tables. The casino is expected to energy market. “We found ourselves teaming up on special open in 2016. projects,” says Petters. “We’re excited because they give us a broader view of that market.” Huntington Ingalls opened new apprentice school buildings David W. Thompson in Newport News and Mississippi. “We have Chairman, CEO and President, Orbital Sciences Corp., Dulles been investing in that skill base for decades,” its first official resupply mission says Petters. “These buildings that have opened from the Wallops Flight Facility will just help us be more effective and more on Virginia’s Eastern Shore. NASA efficient at doing that.” Workforce remains a has hired Orbital and California- major focus for the company, whose Newport based SpaceX to make cargo runs to the space station after retiring News Shipbuilding division is Virginia’s larg- its fleet in 2012. Orbital has a est industrial employer with 21,000 workers. In $1.9 billion contract with NASA 2013, the USS Gerald Ford was christened, and to deliver up to 44,000 pounds of the company will finish construction and testing cargo to the ISS over eight mis- of the carrier over the next two years. In 2014, sions through 2016. Petters became vice chairman of the Virginia Thompson founded the company 32 years ago as a three- Business Council, made up of Virginia’s largest person startup. Today it’s one of companies. the world’s largest space technol- ogy companies with more than Larry Sabato 3,700 employees and $1.4 billion Director, University of Virginia Center in revenues. The company manu- factures small- and medium-class for Politics, Charlottesville rockets used by commercial, A professor, writer and producer — Sabato military and civil government wears many hats. He has spearheaded many customers. It has built more than successful projects as the founder and head 800 rockets and satellites and is of the U.Va. Center for Politics. The center’s designing and building another Crystal Ball website has a record of accurately 200 launch vehicles and space predicting election results. In 2013, the website Photo courtesy Orbital Sciences Corp. systems for deliveries over the next five years. was named one of the top political sites on the Orbital Sciences reached Thompson is a fellow in the Internet by The Daily Beast. That same year, new heights last year. The Dulles- American Institute of Aeronautics Sabato won an Emmy for a documentary he based commercial spaceflight and Astronautics, the American produced, “Out of Order.” The film highlights company became the second pri- Astronautical Society and the vate resupply carrier to the Inter- Royal Aeronautical Society. He is the gridlock in federal government. Last year, national Space Station in January. a member of the U.S. National Sabato’s book “The Kennedy Half-Century,” It completed a successful test Academy of Engineering and released during the 50th anniversary of President launch of its cargo spaceflight in the International Academy of John F. Kennedy’s death, landed on The New September 2013 and launched Astronautics. York Times’ best-seller list. He also produced a documentary with the same name.

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J. Knox Singleton John O. “Dubby” Wynne CEO, Inova Health System, Falls Retired president and CEO, Landmark Communications, Norfolk Church Last year was a banner year Wynne has been retired since for Inova Health System and 2001, but you wouldn’t know it. its leader, J. Knox Singleton. He is heavily involved in organiza- tions promoting economic devel- Washington Business Journal opment and education, and his named Singleton a “Most Admired CEO” opinion carries weight. and listed him on its “Power 100” list. In 2013, In December, Wynne received Inova teamed up with Children’s National the Darden Award for Regional Health System to form Pediatric Specialists of Leadership, an honor given annu- Virginia, which plans to open an outpatient ally to an individual who improves life in Hampton Roads, bridges surgery center. Gov. Terry McAuliffe named divisions or provides extraordinary him to his transition committee. Singleton service as a volunteer in a regional also is known for his philanthropic work. He organization. is president of Community Coalition for Haiti, He serves as chairman of a nonprofit organization devoted to helping the Hampton Roads Community Foundation and is one of the people in Haiti and surrounding areas, and founders of the Hampton Roads co-founder of the Global Good Fund, which Business Roundtable. works to empower young leaders around the Wynne also is vice chairman world. of the Council on Virginia’s Future and a member of the board of Ray Smoot directors of the Virginia Business Photo courtesy Landmark Communications Higher Education Council. Chairman, Union First Market He has encouraged the Assembly and opposed efforts to Bankshares, Richmond Hampton Roads Community privatize the Virginia Port Author- The retired CEO of the Vir- Foundation to become a catalyst ity’s operations. ginia Tech Foundation remains for diversifying the area’s economy. The Council on Virginia’s active in the business world. Study groups are examining issues Future has helped develop mea- such as workforce development, surements of the commonwealth’s He’s on the board of directors entrepreneurship and leadership. performance (now seen on the for the newly created Roanoke-Blacksburg The business roundtable is a website Virginia Performs) and Innovation Network, a nonprofit that aims to group of top local executives that promoted the state government’s develop science and technology companies promoted transportation funding adoption of performance-based in the Roanoke and New River Valley region. legislation in the 2013 General budgeting. He became chairman of Union First Market Bankshares when Union acquired StellarOne Corp. earlier this year. Smoot also is a director at RGC Thompson heads the biggest minority- Resources in Roanoke and chair of the financial committee owned food service company in the country. on Carilion Clinic’s board of directors. He also serves on Thompson Hospitality employs about 4,000 the board of directors for the Mountain Lake Conservancy, people, and its annual revenue stands at which is redeveloping Mountain Lake Hotel, where “Dirty more than $425 million. In 2013, Thomp- Dancing” was filmed. “We’re concentrating on this as an son’s business was named the Blue Chip outdoor venue. A place people and families can go and Future 50 award winner by Washington Smart CEO maga- engage in various outdoor opportunities, such as hiking zine. The award recognizes the area’s 50 fastest-growing the Appalachian Trail, fishing the New River, mountain bik- companies based on employee and revenue growth dur- ing and just [have] an environmental awareness of what’s ing the past three years. Last year, Thompson also was happening in the Appalachian Mountains.” named to Washington Business Journal’s Most Admired CEO and Power 100 lists. Thompson Hospitality also is Warren Thompson involved in philanthropy. The company donates more President and chairman, Thompson Hospitality, Reston than $700,000 each year to historically black colleges and

www.VirginiaBusiness.com VIRGINIA BUSINESS 69

The Big Book MOST INFLUENTIAL VIRGINIANS Power couples

Pam and Major Reynolds

James and Frances McGlothlin Bristol The McGlothlins perhaps are best known for their headline-creating donations, such as their $25 million donation for Virginia Commonwealth University’s new Medical Education Center or major donations to the VMFA. But most of their Vincent and Suzanne time is devoted to charities run through their company and family foundations. “We want Mastracco to run our program, fund it, hire the people to

Photo courtesy Kaufman & Canoles do it and make sure it’s done right,” says Jim McGlothlin, founder, chairman and CEO of The Vincent and Suzanne United Co. in Bristol. The company’s foundation Mastracco provides career counseling and college tuition Norfolk for orphans at the Mountain Mission School in Vince Mastracco, a partner with the law firm Grundy, runs a soup kitchen in Bristol that feeds Kaufman & Canoles, helps guide some of the 1,100 people each day and runs a coats and largest projects in Hampton Roads. He serves hats program in Southwest Virginia. The United as counsel for the companies expanding the Co. has left its coal roots and now is a financial Downtown and Midtown tunnels in Portsmouth and services firm that owns golf courses in three the group supporting the expansion of Norfolk’s states. light rail. The Mastraccos are, however, best known for their community involvement. Vince is on the executive committee of the Hampton Roads Business Roundtable, which works with local and state leaders to help attract businesses to the region, and is on the board of the Hampton Roads Community Foundation. The Mastraccos have been active volunteers with the Chrysler Museum, helping develop its Glass Studio and showing visiting artists around Norfolk. Vince also chairs the investment committee of the Eastern Virginia Medical School Foundation board of trustees.

James and Frances

McGlothlin and Pauley photos McGlothlin 70 MARCH 2014 courtesy VCU University Marketing Pam and Major Reynolds Richmond Pam and Major continue to influence several areas of the commonwealth. The couple publicly supported Terry McAuliffe during last year’s governor’s race. “In my perspective, Terry’s approach was vastly better for the state as a whole than the one [Ken] Cuccinelli was advocating,” Major says about his decision. Major also is president of the Richard S. Reynolds Foundation, which donates to numerous causes. The organization was an early giver to the Rotunda restoration project at U.Va., donating $500,000 to restore its roof. Recently, the foundation announced it would donate $250,000 over five years to support ’s MBA program. Pam, the past chair of the board of trustees of the VMFA, raised $700,000 last year for Richmond Ballet’s Leap Week, a

Photo by Aimee Helen Koch © Virginia Museum of Fine Arts celebration of Richmond Ballet. She serves on the boards for The Valentine Richmond History Center, Richmond Stanley and Dorothy Ballet and the Thomas Jefferson Foundation, which owns Pauley and operates Monticello. Richmond The Pauleys are among Richmond’s Nicholas and Jenny Taubman most prominent benefactors, with major donations to the VMFA, Virginia Roanoke The Taubmans are avid supporters of the arts. When Commonwealth University’s Pauley Heart the Taubman Museum of Art faced financial hardships in Center and performing arts theater 2012, the Taubmans stepped in to keep it open, and they CenterStage. The two fell in love with still sit on the museum’s board of trustees (with Nick serving Richmond when they moved there as chairman). Admission to the museum is free, thanks to in 1945 from Canada, and both have sponsorship by Roanoke-based Advance Auto Parts, which donated time as well as money to causes Nick headed until 2005 (the company was founded by his in Richmond. Most of their donations father in 1932). Now, he is president of Mozart Investments, now flow through their Pauley Family based in Roanoke. Nick is also chairman of the board of the Foundation. Stanley is chairman and National Museum of American History of the Smithsonian CEO of cushion manufacturer Carpenter Institution and a managing director of the Metropolitan Co., which has more than 5,000 Opera in New York. Nick’s involvement in Roanoke has employees and $1.6 billion in annual included work with the Roanoke Jaycees, Blue Ridge Moun- sales. In 2013, the couple received tain Council-Boy Scouts of America and Hollins University. the Architecture Medal for Virginia Service from the Virginia Society of the American Institute of Architects for their contributions to Virginia.

Nicholas and Jenny Taubman Stanley and Dorothy Photo courtesy Taubman Museum of Art Pauley www.VirginiaBusiness.com VIRGINIA BUSINESS 71

The Big Book MOST INFLUENTIAL VIRGINIANS MOST MOST INFLUENTIAL VIRGINIANS On the move People who are making their mark Entrepreneurs, business leaders and new corporate players are boosting their companies growth and making their mark on the commonwealth’s economy. Reggie Aggarwal Jim Hyde George Sherman founder , chairman and CEO, Cvent Inc. McLean. president and CEO, Ntelos Holdings Corp., president, Advance Auto Parts Inc., Roanoke Aggarwal pulled off one of NoVa’s biggest IPOs Waynesboro. Sherman calmed the masses when he announced in 2013. The company recently announced plans to that Advance will keep its headquarters expand a pilot program with Dish Network to in Roanoke after acquiring General Parts Timothy G. Blitz provide wireless broadband service in Roanoke, International in a $2 billion deal last fall. CEO, Lumos Networks, Waynesboro. Staunton, Waynesboro and Charlottesville areas. Lumos, the fiber network business spun off by James A. Squires Ntelos in 2011, expanded in the Richmond area Gail W. Johnson president, Norfolk Southern Corp., Norfolk. last year. founder and CEO, Rainbow Station, Glen Allen. Former CFO was promoted last year, taking over Johnson continues to develop her pre-school one of the former titles of CEO Wick Moorman. Robert Blue franchise operation with expansion into China. president, Dominion Virginia Power, Richmond. Terrie L. Suit Promoted in December, Blue is now responsible Sudhakar Kesavan CEO, Virginia Association of Realtors, Glen Allen for a big chunk of Dominion’s operations, chairman and CEO, ICF International, Fairfax. This former politician and lobbyist is the including electric distribution and transmission, A well known power broker. He is chairman of first woman to head the state’s largest trade customer service, and conservation initiatives. the Northern Virginia Technology Council, the association. country’s largest tech council. Robert F. Carrel Todd Stottlemyer president, HCA’s Capital Division, Richmond. John R. Lawson CEO, Acentia, Falls Church. Carrel succeeded Margaret Lewis on Jan. 1 after owner and CEO, W. M. Jordan Co. Newport News He’s rector at the College of William & Mary serving as chief financial officer of the division Lawson is a force behind some of the most and first vice chairman of the powerful Northern since 2006. It has 12 hospitals in Virginia. significant projects in Hampton Roads. VirginiaTechnology Council.

Michael W. Clarke Gracia Martore Alexander “Sandy” Thomas president and CEO, Access National Corp., Reston. president and CEO; Gannett Co., McLean. global managing partner, Reed Smith LLP, Falls Church. In January, the bank reported its 54th consecutive Gannett became the fourth-largest owner of Thomas, a 1993 graduate of Washington & Lee quarterly profit in its 56-quarter history. major network affiliates last year with its $2.2 School of Law in Lexington, is the new leader of billion acquisition of Belo Corp. the international law firm, which has 1,800 lawyers Bernard Clineburg in 25 offices throughout the U.S., Europe, Asia chairman and CEO, Cardinal Financial Corp., McLean Gary T. McCollum and the Middle East. Clineburg continues to grow his community bank senior vice president and general manager of Cox with the recent acquisition of the parent company Communications Virginia, Chespeake. Bruce Thompson of The Business Bank in Vienna. McCollum, a strong advocate for early childhood CEO, Gold Key/PHR Hotels and Resorts, Virginia education, oversees the Cox operations in Beach. Gerard (Jerry) DeMuro Northern Virginia, Roanoke and Hampton Roads. Thompson is developing some of Hampton president and CEO, BAE Systems Inc., Arlington. Roads’ biggest projects, including the renovation DeMuro is the new leader of one of the country’s Thomas J. McInerney of the iconic Cavalier Hotel. largest defense contractors. president and CEO, Genworth Financial, Richmond. McInerney was recognized by Forbes magazine Gary R. Thomson Mary C. Doswell for boosting Genworth’s profits by 124 percent regional managing partner, Dixon Hughes Goodman, senior vice president–Retail and Alternative Energy for the first nine months of 2013. Glen Allen. Solutions, Dominion, Richmond. He is the recently installed chairman of the Doswell is a star player in an area of increasing Anthony “Tony” Moraco Virginia Chamber of Commerce. importance for the energy company. CEO, SAIC, McLean. The company is one of two parts of the original Ed Walker William R. Ermatinger SAIC. Moraco’s company, which was spun off, managing member, ReGeneration Partners LLC and corporate vice president and chief human resources kept the SAIC name. CityWorks LLC. Roanoke. officer, Huntington Ingalls Industries, Newport News Walker is a big force behind the revitalization of Ermatinger recently stepped down as chairman of John F. Reinhart the Star City. the Virginia Chamber of Commerce. His company CEO and executive director, Virginia Port Authority, is the largest industrial employer in the state. Norfolk. Jeffrey D. Wassmer Reinhart, the former head of Maersk Line Ltd., chairman and CEO, Spectrum, Newport News. Tom Folliard took the helm of the Port Authority after private Wassmer is chairman of the Virginia Port president and CEO, CarMax, Henrico County. bidders failed to take over its operation. Authority. CarMax is the highest ranked Virginia company on Fortune magazine’s 100 Best Companies to Work Michael Saylor Jon S. Wheeler For, moving up 20 spots from the previous year. chairman, president, CEO, MicroStrategy Inc., Tysons chairman and CEO, Wheeler Real Estate Investment Corner. Trust Inc., Virginia Beach. Lou Haddad A survivor of the dot.com bust, he continues to Wheeler took the company public in 2012, and president and CEO, Armada Hoffler Properties Inc., lead his company in new directions, but has come it’s been growing ever since. Norfolk. under recent criticism from some shareholders Haddad helped lead Armada through a success- who want him to step down. ful IPO in 2013.

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