The Herd: Hires and promotions for 11.25.09

Government:

The Federal Reserve Bank of Richmond announces the following officer promotions, effective Jan. 1, 2010.

Roland Costa was named senior vice president and chief technology officer over the Currency Technology Office. Costa is a native of New York and joined the Federal Reserve Bank of Richmond in 1984, working in computer programming. He transferred to the Currency Technology Office in 1997. Costa attended Fordham University, Orange County Community College and Pace University, all in New York.

Mary Johnson was named vice president with responsibility for the operations and staff development division of the Supervision, Regulation and Credit department. Johnson is a native of Cleveland, Ohio, and joined the Richmond Fed in 2004 after working eight years for the Federal Reserve Bank of Cleveland. She is a graduate of Bowling Green State University in Bowling Green, Ohio, with a bachelor’s degree in business and French, and earned an MBA from Cleveland State University in Cleveland.

Andrew McAllister was named vice president with responsibility for the development and implementation of engineering services, among other functions, in the Currency Technology Office. McAllister is a native of Huntington, N.Y. He joined the Currency Technology Office at the Richmond Fed in 1992. McAllister graduated from Virginia Military Institute, in Lexington, Va., with a bachelor’s degree in electrical engineering and received a master’s degree in systems engineering from Virginia Tech, in Blacksburg, Va. Prior to joining the Fed, McAllister was a U.S. Marine Corps officer.

Gregory Johnson has been named vice president with responsibility for Federal Reserve Information Technology Audit activities. Johnson is a native of Chesterfield, Va. He joined the Richmond Fed in 1993 as an operating systems programmer and transferred to the Audit department in 1995. Johnson earned a bachelor’s degree in commerce from the University of Virginia and an MBA from the University of Richmond.

Regional:

James Ronnie Alderman has joined Old Dominion Security as a vice president. Alderman was previously director of security for Cape Fear Valley Health Systems in North Carolina.

James G. “Jay” Smith III has been promoted to president of The Cox Companies, a trucking firm based in Ashland.  Smith started with Cox working part-time in the late 1980s while earning a degree in business administration from VCU. He was named executive vice president in 2005. Smith also served as the campaign treasurer for the John Cox for Delegate campaign during the course of the recent election of Mr. Cox to Virginia’s House of Delegates. Smith, along with his executive staff will assume the day to day management of The Cox Companies while John Cox heads south to Richmond to represent Hanover’s 55th District in the General Assembly.

Boards:

Paul Rocheleau has been elected to the board of Applied Nanotech, a firm in Austin, TX. Rocheleau is currently Chairman of the Board and Chief Investment Officer of Virginia Biosciences Commercialization Center. He is also a managing director at Cary Street Partners. Prior experience included positions as Senior VP and Chief Financial Officer of Albermarle Corporation, and as CEO, with Albright & Wilson, PLC, a $1.2 billion multinational chemical company.

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