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The
Virginia Economic Commission announced that Virginia had a seasonally adjusted unemployment rate of 5.1% as of March 26, 2021. Many industries such as retail, hospitality, and travel were hit especially hard with slower recovery rates than other sectors. However, the demand for cybersecurity professionals continues to see an increase. Q2 2020 saw an 11% year-over-year increase in cybersecurity positions, despite COVID-19 (Dice,
Q2 Tech Report). The shift to remote work because of COVID-19 has compounded the need for trained cybersecurity professionals as cyberattacks have increased. Cybersecurity professionals are thriving right now, and we re extremely proud to support this program. All of us at WSC have fulfilling, financially rewarding, and interesting careers because we re a part of this profession, so we look forward to bringing on more people from all sorts of diverse backgrounds, said Mari Galloway, Chief Executive Officer at
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2/21/21
SUFFOLK, Va., Feb. 19, 2021 (GLOBE NEWSWIRE)
TowneBank (Nasdaq: Town) today reported that its wholly-owned insurance brokerage subsidiary, Towne Insurance Agency, has expanded its Executive Management Team in a move designed to accelerate the strategic development of the agency throughout Virginia, North Carolina and the southeastern United States.
Effective February 16, 2021,
W. Douglas Russell joined the Towne Insurance team as President and Chief Executive Officer, succeeding F. Dudley Fulton who will remain with the company as President Emeritus serving in a consulting capacity focused on agency acquisitions.
Russell, 58 years of age with over 35 years of insurance industry experience, has held leadership positions with Henderson & Phillips, Inc., USI Insurance Services, Thomas Rutherfoord, Inc., Marsh & McLennan Agency, and most recently as President of Core Assurance Partners headquartered in Virginia Beach, Virginia.