18 minute read
Building a culture of trust: Martha Mavredes, CPA
BUILDING A culture OF TRUST
Martha Mavredes, CPA, made her mark on the Commonwealth by serving as the first female auditor of public accounts.
Chip Knighton Martha Mavredes, CPA, is a planner. When the COVID-19 pandemic sent her staff at the Virginia Auditor of Public Accounts (APA) home in March 2020, the team didn’t miss a beat — in no small part because of work she had done years prior.
Mavredes, who was appointed Virginia’s auditor of public accounts in 2013, officially retired at the end of 2020, ending a 37-year career at the agency. The pandemic gave her a final year some would say is unbefitting of the legacy of the first woman to hold the position she attained in Virginia. However, the values and practices she instilled at the APA were instrumental in helping the agency fulfill its mission through unprecedented challenges.
Five years ago, Mavredes led a strategic planning process that resulted in the development of the APA’s core values. That “guidepost,” as APA Audit Director George Strudgeon, CPA, called it, made all the difference in continuing the agency’s work.
“We didn’t have to come out with strict rules about how to be on camera or contact a client or anything else,” Strudgeon said. “Everybody just seemed to adapt those values to the virtual setting. Her setting that up five years ago was really great when the pandemic hit, because it allowed us to pivot with very little friction on how people interacted.”
No one knew at the time that the period of mandatory telework would outlast Mavredes’ career. Her retirement party took place over Zoom, and her victory lap at the James Monroe Building turned into a few scattered trips to an empty office to collect her belongings. But her fingerprints remain all over the APA’s work and processes.
A LEGACY OF TRUST
After graduating from the College of William & Mary in 1980, Mavredes began her career at Peat Marwick International before a desire for more work-life balance led her to the APA in 1984. She quickly rose up the ranks at the agency — even securing a promotion while out on maternity leave — and became deputy auditor of public accounts under thenauditor Walt Kucharski, CPA, in 2007.
One of the influences she took from Kucharski was the way she developed her staff, allowing them to gain experience and exposure in the parts of the government they’d need to know to advance in their careers. “He gave me opportunities to get to know some of the legislative staff, so I was able to see how part of that process worked,” Mavredes said. “Even as deputy, he would let me handle things on my own, and then as auditor, I felt comfortable dealing with those legislators and committees, because he had given me those opportunities and that visibility with them.”
Mavredes kept that in mind when grooming the deputy who would become her successor, Staci Henshaw, CPA.
“She always said, ‘I don’t want to be here forever because I want you to have the opportunity to advance,’” Henshaw said. “We had that conversation several times, and I think that says a lot about her leadership that she thought about my career as well.”
That kind of forethought also extended to the rest of her staff. Both Strudgeon and Henshaw got their first taste of leadership by being in charge of Virginia’s Comprehensive Annual Financial Report audit. In Strudgeon’s case, she brought him onto the project a year in advance and didn’t hesitate to let him take on other high-pressure responsibilities.
“One thing that Martha brought that stood out was the amount of trust that she had on her directors who were working with her,” Strudgeon said. “I can remember being up at the General Assembly. She was giving a presentation about one of my agencies, and they were having difficulties, and one of the members started asking questions about the agency. She had the trust and the faith and knew I was in the audience and would be able to answer the questions.”
As much trust as Mavredes extended to her staff, the faith in her from those who depended on her professionally was absolute. When she stepped down, the people charged with picking her replacement didn’t even do a true interview with Henshaw, instead just asking her to provide information on her background. Mavredes’ recommendation was enough.
“She was instrumental in making me who I am today,” Henshaw said. “She helped me find my niche in my career.”
A SWEET-SMELLING FAMILY ATMOSPHERE
Mavredes grew up in Charlottesville and started out as a mathematics major at William & Mary u
Martha with her oldest daughter, Stephanie, and granddaughters Grace and Sophia on a windy beach day.
before deciding to study the more practical side of the discipline — as she puts it, “I liked the numbers more than the theory of it.” She wound up in a twoaccountant marriage — her husband, Jim, worked at what was then Coopers & Lybrand — and decided to get away from the ‘Big Eight’ lifestyle when they wanted to start a family. (They had two daughters, Stephanie and Meghan, and in another cruel COVID twist, Mavredes now has two grandchildren in Oklahoma whom she can’t visit despite her newfound free time.)
A former manager of hers at Peat Marwick, Leigh Joyce, invited her to interview at the APA for what wound up being her last employer switch. The responsibility of ensuring Virginia spends taxpayer money responsibly was a big driving factor for her — as she put it, “The legislators say how the money is spent, and we are the eyes for them in the different agencies to make sure things are being spent correctly” — as well as building (and retaining) the best staff she could on a public-sector budget.
“I tried to make sure people understood that family was important,” Mavredes said. “If they had a kid who was sick or had a school play or whatever, taking time off to tend to those kind of things was acceptable and encouraged. If you’re feeling like your life is fulfilled and filled out, you’re going to be a better employee than if you feel like we’re just running you through the mill.”
Ask a former employee how Mavredes was as a boss and you’ll get glowing tributes. Strudgeon says “You knew she always had your back,” while Henshaw emphasizes that “she’s someone who cares about you as a person as well.” And it wasn’t just emphasizing family and making genuine conversation at the office that instilled that faith.
“Back when she was the deputy auditor, I walked into her office and noticed a smell,” Strudgeon said. “She said she had just bought a new air freshener, and I asked what brand it was. I said that the smell took me back to the smell when I first met my wife, which was the smell of her dorm room in college.
“A week later, I walk into my office and there’s a fresh, new air freshener that I had talked to her about. She had remembered that story and what that scent meant to me, and the next time she was out shopping, she got it. You always think people are just
Staci Henshaw, CPA, succeeds Martha at the Auditor of Public Accounts and is the second female to serve in the leadership role.
being polite and listening to you, but the little things like that stood out.”
A SERVANT’S HEART
Mavredes’ career and life have been marked by her desire to give back, both to the community and the accounting profession. A former member of the VSCPA Board of Directors, she threw herself into the role of state auditor, serving on numerous committees and work groups for the National State Auditors Association, as well as the American Institute of CPAs Government Performance and Accountability Committee.
Even in retirement, she’s still serving. She’s the chair of the finance committee at her church — she notes the strange feeling of currently being on the receiving end of an audit after spending so many years auditing state agencies. She’s got other plans for retirement beyond trips to Oklahoma — her reading has picked up since she retired, and she even was able to serve as a beta reader and provide feedback on an early draft for Carla Laureano, one of her favorite authors.
She’s a diehard University of Virginia fan who hopes to be able to use her football season tickets after being shut out of the stadium last fall. She’s working on digitizing years of family photos and memories, along with expanding her cooking repertoire and getting more exercise.
She’s also still taking stock and contextualizing a career end she never could have predicted and the way the staff she built is carrying out her legacy at the APA. True to form, when asked to reflect on nearly four decades serving Virginia, it doesn’t take long for her to deflect credit to other people.
“This last year at work was so challenging,” Mavredes said. “My former staff have worked really hard to pivot and look at new ways to do things in the current environment. We were able to successfully bring new auditors on board and get them working, even if they weren’t around people as much. It was a challenge that I think everybody was going to be able to rise to.
“I was proud of how well my folks rose to the occasion.” n
Martha enjoys attending U.Va. football games with her youngest daughter, Meghan.
Chip Knighton is a seasoned freelance writer and former communications manager for the VSCPA. He currently serves as senior marketing manager at the Virginia Economic Development Partnership.
aknighton@gmail.com
The VSCPA congratulates new 40-year members
The VSCPA welcomes 79 new 40-year members this year — a record amount! This designation is bestowed upon members in their 41st year of consecutive membership. While 40-year members are normally celebrated at the in-person annual business meeting each year, we will be recognizing them during our virtual business meeting event on May 13. See page 33 for more information!
Edward Amorosso, CPA, Norfolk Richard Andrews Jr., CPA, Henrico Carol Atchison, CPA, Charlottesville John Atkinson Jr., CPA, Midlothian John Beavers, CPA, Winchester Robert Bruce, CPA, CGMA, Winchester Robert Carmines, MST, CFP, CPA, Newport News Betsy Chappell, CPA, Richmond Joseph Cheely, Henrico Clark Cole, CPA, Roanoke Brian Cory, CPA, Midlothian David Creasy, CPA, Richmond Charles Cureton, CPA, Alexandria Edward Lee Curtis Jr., CPA, Vienna Richard Davenport, CPA, CGMA, North Chesterfield
Jon Deane, CPA, Jupiter, Fla. Linda Devine, CPA, Richmond Kendric Dobson Jr., CPA, Reedville Harry Dyche III, CPA, CGMA, Chesapeake John Early Jr., CPA, CGMA, Roanoke David Ellwanger Sr., CPA, CGMA, Henrico Larry French, CPA, Bridgewater Jack Gibson, CPA, Chesapeake William Grubb Jr., CPA, CAE, Clarksburg, Md. Kimball Hargis, CPA, Chesapeake Debra Harrison, CPA, Orkney Springs Dallas Heilman II, CPA, Virginia Beach Joyce Hoffman, CPA, Manassas Jack Honeycutt, CPA, Farmville Henry Howerton, CPA, South Hill Karen Ioffredo, CPA, McLean Benjamin Johnson, CPA, Farmville Carl Jones, CPA, Henrico Ed Kearney, CPA, Alexandria Steven Kazansky, CPA, Virginia Beach Andrea Kilmer, CPA, CGMA, Virginia Beach Stephen Kinnier, CPA, Midlothian Stephen Kimata, CPA, Charlottesville Robert Layser, CPA, CGMA, Alexandria Charles Lowder, CPA, CFP, Suffolk John Lowenhaupt, CPA, Williamsburg David Lucas, CPA, Salem Frederick Malvin, CPA, Williamsburg J.D. Mears, Henrico Thomas McQuade, CPA, Roanoke Jeffrey Mitchell, CPA, Leesburg George Morris, CPA, CGMA, Winchester David Mosso, MBA, Williamsburg Lawrence Myers, CPA, Poquoson Melody Nichols, Charlottesville William Northern, CPA, Roanoke Susan Nottingham, CPA, Accomac Grace Overstreet, CPA, MCSE, Vinton William Peak, CPA, Franklin Charles Pearson Jr., CPA, Mechanicsville Jerrold Perkins, CPA, CGMA, Fairfax Cynthia Pettibone, CPA, Ann Arbor, Mich. James Prince III, CPA, Norfolk William Prout, CPA, CGMA, Glen Allen Leslie Robson, CPA, CVA, CFF, Mechanicsville
Terrance Rogstad, CPA, Gainesville Mark Seamon, CPA, Bristol Duff Scudder, CPA, CGMA, Centreville O.D. Shrader Jr., CPA, Harrisonburg Sidney Simmonds, CPA, Arlington Jerry Smith, CPA, CGMA, Wytheville Charles Snead Jr., CPA, CGMA, CITP, Danville David Snyder, CPA, Roanoke Penny Stant, CPA, Virginia Beach C. Jeffrey Stump, CPA, Christiansburg Debra Terry, CPA, Wytheville Robert Wade, CPA, Alexandria Scott Warren, Richmond Victor Wilfore, CPA, CGMA, Chesapeake John Withers, CPA, Staunton John Wiita, CPA, CGMA, Stanley Lauren Wolcott, CPA, Norfolk Gwendolyn Young, CPA, CFE, Williamsburg Elsie Ziegenfus, CPA, Harrisonburg
CONGRATULATIONS, 2021 AWARD WINNERS
OUTSTANDING MEMBER
Alan Witt, CPA, CGMA, PBMares
RUTH COLES HARRIS ADVANCING DIVERSITY & INCLUSION
Sponsored by Tyrone Dickerson, CPA, sole proprietor
TOP 5 MEMBERS UNDER 35
Victor Geagla, CPA, Baker Tilly Iris Laws, CPA, DHG Brad Lester, CPA, Brown Edwards Amanda DiStasio, CPA, Optimal Accounting Evan Wrinkle, CPA, WellsColeman
The VSCPA’s Annual Meeting will be held virtually on Thursday, May 13. During the meeting, the Nominations Committee will present the following nominated members for election as 2021–2022 officers and directors:
CHAIR
Anne Hagen, CPA, CGMA, MBA, Masonic Home of Virginia, Henrico
CHAIR-ELECT
George Forsythe, CPA, CGMA, WellsColeman, Richmond VICE CHAIRS
Nammy Lee, CPA, Ph.D., University of Virginia, Falls Church
Jennifer Lehman, CPA, CGMA, Hantzmon Wiebel LLP, Charlottesville
Aaron Peters, CPA, Peters & Associates, PC, Falls Church
Christine Williamson, CPA, CohnReznick LLP, Tysons
AT-LARGE DIRECTORS
Courtney Arrington, CPA, Genworth, Richmond
Michael Brunson, Sr., CPA, Virginia Credit Union, Inc., Richmond Daniel Hudgens, CPA, Deloitte & Touche, LLP, Richmond
LaToya Jordan, CPA, Auditor of Public Accounts, Richmond
Andrew Martin, CPA, Corbin & Company, PC, Chesapeake
Thomas Milburn, CPA, Yount, Hyde & Barbour, PC, Winchester
John Reynolds, CPA, Tracepoint, Fredericksburg
Neena Shukla, CPA, CFA, CGMA, PBMares, LLP, Fairfax
Gregory Wallig, CISA, CISM, Grant Thornton LLP, Arlington
John Waters, CPA, Wall, Einhorn & Chernitzer, PC, Norfolk
Congrats to the following members
Pictured left to right: Amy Schulz, CPA, Matthew Comstock, CPA, CGMA, Tristan McNair, CPA, Harvey Johnson, CPA, Melisa Galasso, CPA, CGMA, Staci Henshaw, CPA, Jim Holland, CPA, Nadia Rogers, CPA, Walter Stosch, CPA, Hillary West, CPA, Alan Witt, CPA. NEW HIRES
Clay Lyons, CPA, is the new controller at Progressive Design in Midlothian.
Joseph Cheely is the new CFO at LeClairRyan in Richmond.
Blaine Hegner, CPA, has joined CST Group in Reston as partner.
Amy Schulz, CPA, was hired as a senior manager Sherman, Spero, Safarino & Co., CPAs, PC, in Virginia Beach.
PROMOTIONS
Matthew Comstock, CPA, CGMA, and Tristan McNair, CPA, were promoted to partner at Sherman, Spero, Safarino & Co., CPAs, PC in Virginia Beach.
Angela Hill, CPA, CGMA, from Christiansburg, has been promoted to assistant county administrator for Montgomery County.
Harvey Johnson, CPA, was named CEO of PBMares LLP in Newport News.
Stephanie Mercer, CPA, is now partner at Updegrove, McDaniel, McMullen & Chiccehitto, PLC, in Leesburg.
Jonathan Motely, CPA, is now executive vice president of TowneBank Mortgage in Suffolk.
APPOINTMENTS & AWARDS
Melisa Galasso, CPA, CGMA, CEO of Galasso Learning Solutions in Charlotte, N.C., has been nominated as an atlarge member to the American Institute of CPAs Council.
Staci Henshaw, CPA, has been appointed to a four-year term as the Virginia Auditor of Public Accounts in Richmond.
Jim Holland, CPA, an educator at Virginia Commonwealth University, is the 2021 chair of the Chesterfield County Board of Supervisors.
Kevin Mele, CPA, a sole proprietor in Moneta, has been appointed to the board of the Bedford Regional Water Authority.
Nadia Rogers, CPA, associate professor at Virginia Tech in Blacksburg, received the Virginia Tech Pamplin College of Business’s 2020 Certificate of Teaching Excellence.
Walter Stosch, CPA, a VSCPA Life member retired from Stosch, Dacey & George, PC, in Richmond, will be inducted into the Junior Achievement Greater Richmond Business Hall of Fame.
Hillary West, CPA, partner at CST Group in Reston, was named treasurer on the board of Food for Others.
Alan Witt, CPA, CEO emeritus of PBMares LLP in Newport News, was elected chair of the Virginia Chamber of Commerce’s Board of Directors. FIRM NEWS
Citrin Cooperman has acquired Homes, Lowry, Horn & Johnson in Fairfax.
The following firms headquartered in Virginia and suburban Maryland were named to Forbes magazine’s list of America’s best tax and accounting firms:
• Brown Edwards, Roanoke
• Calibre CPA Group, Bethesda, Md.
• Cherry Bekaert, Richmond
• CST Group, Reston
• Dembo Jones, North Bethesda, Md.
• E. Cohen, Rockville, Md. • GRF CPAs & Advisors, Bethesda, Md.
• Hantzmon Wiebel, Charlottesville
• Homes, Lowry, Horn & Johnson,
Fairfax
• Johnson Lambert, Vienna
• PBMares, Newport News
• Thompson, Greenspon, Fairfax
• Wall, Einhorn & Chernitzer,
Norfolk
• Yount, Hyde & Barbour,
Winchester
Staff news
Janie Medley 15 years Diane Jones 15 years
Brag, please!
Send your member news to disclosures@ vscpa.com.
ANNIVERSARIES
April 1: Emily Walker, vice president, advocacy,18 years
May 15: Maureen Dingus, chief operating officer, 14 years
June 5: Janie Medley, employer outreach specialist, 15 years
June 6: Doris Pennington, member services assistant, 7 years
June 19: Diane Jones, senior manager, finance & administration, 15 years
NEW HIRES
Zeke Leeper and Chandra Painter have joined the VSCPA as learning specialists. Welcome, Zeke and Chandra!
DEPARTURES
Public Relations Director Tim Barry and Online Learning Specialist Kathy Suddarth have left the Society. We wish them luck!
THE VSCPA MOURNS THE LOSS OF
Franklin Dennis, CPA, a Life member and sole proprietor from Norfolk who served in the U.S. Army in Vietnam.
Marty Einhorn, CPA, from Norfolk. He was a founding shareholder in Wall, Einhorn & Chernitzer, PC, and served on the VSCPA Educational Foundation Board of Directors. He supported many other organizations, such as ForKids, the Simon Family Jewish Community Center, Arts for Learning Virginia and others. In 2018, he paid for R&B band Tower of Power to perform a concert and raised $33,000 for the Leukemia & Lymphoma Society. He received Virginia Business Super CPA award multiple years, as well as many other leadership awards.
Estelle Fenner, CPA, from Chesterfield. She most recently worked for the Virginia Employment Commission.
Thomas Vadnais, CPA, from Fairfax. He was a shareholder in McKinnon & Vadnais, Inc., in Alexandria.
CONGRATS TO THE VSCPA’S NEWEST VIRGINIA CPA LICENSEES
Danielle Agosta, CPA, Arlington Raghav Ahuja, CPA, Arlington Shengyang Ai, CPA, Tysons Stephen Anderson, CPA, Clifton Faye Antezana, CPA, Suffolk Anish Bachu, CPA, Burtonsville Gerimy Bailey, CPA, Virginia Beach Daniel Brooker, CPA, Lynchburg Vanessa Cannavino, CPA, Newport News Ethan Carter, CPA, Richmond Spencer Clarke, CPA, Roanoke Victoria Coleman, CPA, Tysons Caroline Cook, CPA, Washington, D.C. Mikaela Cook, CPA, Nashville, Tenn. Michael Coss, CPA, Richmond Joshua Covington, CPA, Doswell Lauren Crockett, CPA, Chesapeake Sean Cronin, CPA, Centreville Patrick Cunneen, CPA, Arlington Ryan David, CPA, Henrico Alena Dubavaya, CPA, Highland Springs Matthew Duffin, CPA, North Chesterfield David Eismeier, CPA, Washington, D.C. Michael Ellis, CPA, Tysons Jill Fawley, CPA, McLean Rebecca Feild, CPA, Charlottesville Shirbriya Fletcher, CPA, Vienna Barbara Fontaine, CPA, Arlington Conner Freedman, CPA, Richmond Mitchell Fritz, CPA, Washington Benjamin Gardner, CPA, Fairfax Brian George, CPA, Winchester Joshua Goldstein, CPA, Arlington Danielle Gollehon, CPA, Fairfax Adam Gostomski, CPA, Richmond Cindy Gu, CPA, Tysons Dongqiong Guan, CPA, Glen Allen Hoa Ha, CPA, Falls Church Adam Heishman, CPA, Winchester John Himpler, CPA, McLean Connor Hoback, CPA, Glen Allen Kevin Jamerson, CPA, Virginia Beach Ryan Johnston, CPA, Arlington Moutaz Karara, CPA, Arlington Emily Kelly, CPA, Woodbridge Ryan Kirtner, CPA, Powhatan Amy Koran, CPA, Charlottesville Rebecca Kovac, CPA, Midlothian Joshua Koven, CPA, McLean Nicole La Vertue, CPA, Suffolk Heather Lane, CPA, Powhatan Emily Lawrence, CPA, Suffolk Samantha Jieng Lee, CPA, Rockville, Md. Xiaomeng Lee, CPA, Centreville Benjamin LePere, CPA, Richmond Kathleen Loverde, CPA, Henrico Ashlee Lynch, CPA, Arlington Caitlyn Manalo, CPA, Silver Spring, Md. Teresa Marangon, CPA, Toano Colin McFadden, CPA, Mechanicsville Elizabeth McGrady, CPA, Richmond Nathaniel Miranda, CPA, Richmond Matthew Mitchell, CPA, Suffolk Stephanie Mivsek, CPA, Falls Church Erin Montgomery, CPA, Tysons Kurtis Moran, CPA, Gaithersburg, Md. Janelle Moss, CPA, Virginia Beach Yu Nie, CPA, Tysons Benjamin Noel, CPA, Covington Eric Norberg, CPA, Leesburg Jessica Park, CPA, Fairfax Kanaiyalal Patel, CPA, Hanover Park, Ill. Miroslav Pejcic, CPA, Sterling Benjamin Phifer, CPA, Mechanicsville Caitlin Phillips, CPA, Charlottesville Leo Prawi, CPA, Arlington Mei Ling Reynolds, CPA, Alexandria Jonathan Ryan, CPA, Broadlands Eric San Emeterio Bohdanc, CPA, Tysons Christopher Santos, CPA, Arlington Brian Schobel, CPA, Spotsylvania Colleen Smith, CPA, Lynchburg Nicholas Sojka, CPA, Arlington Sarah Sotelo, CPA, Vienna Danielle Spickard, CPA, Arlington William Spivack, CPA, Bethesda, Md. Nicklaus Stegmuller, CPA, Virginia Beach Emily Stickman, CPA, Winchester Hariharan Subrahmanyan, CPA, Chantilly Jesse Swartz, CPA, Irvington Maryam Tahseen, CPA, Richmond Rachel Tan, CPA, Raleigh Joanna Taylor, CPA, Richmond Larissa Teelucksingh, CPA, Arlington Amanda Thumm, CPA, Alexandria Meredith Toney, CPA, Falls Church Evan Turner, CPA, Arlington Christina Valenzuela, CPA, Tysons Frank Vintz, CPA, Arlington Christina Visintainer, CPA, Washington Rohit Wadhwa, CPA, Ashburn Hannah Wallace, CPA, Falls Church Eric Wetzel, CPA, Richmond Joshua White, CPA, Chesapeake Philip Whittle, CPA, McLean Jennifer Williams, CPA, Chesapeake Xinyu Zheng, CPA
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