University of Richmond Alumni: Vital Contributors to Richmond Business Community
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Spiders Find City a Great Place Live, Work and Play
Though the majority of alumni reside in cities around the world, nearly 30% of them have decided to hang their hats in the Richmond metro area. They are vital contributors to the Richmond business community, whether they are starting companies, acquiring businesses or working for nationally-recognized firms.
Although many are from large centers of commerce such as New York, Washington DC or even Hong Kong, UR alumni know what others are finding out – Richmond is a great place to live, work and play. Like the official song of the state, Carry Me back to Old Virginny, some alumni are leaving only to return to a good thing, well others are staying put after graduation.
Jim Brady, R’85 who hails from Homldel, NJ, fell in love with the school and the area. He left Richmond after graduating in 1985, only to come back in 1986, tired of the two-hour commute in and out of New York City.
The young founder of PayerPath is on the Robins School of Business Executive Advisory Council as well as the University of Richmond’s Presidents Council. He is also involved with the Robins School’s new Center for Innovation and Entrepreneurship. PayerPath is one of the top 3 medical claims management companies in the United States with over 250 million claims processed annually.
“I wanted to get back to Richmond and to a better quality of life,” said Brady. “Richmond is a great place to start and grow a business. It has a wonderful university system, a great pool of employees to draw from, and it has a real sense of community.”
Brady, who recently sold PayerPath, is looking for another business opportunity to develop and grow. In the meantime, he is busy consulting and staying in touch with classmates and fraternity brothers.
Jason Savedoff, R’01 fell in love with Richmond while looking at colleges and has lived here ever since. Savedoff in part credits Economics professor Dr. Jonathan Wight and entry-level Economics with where he is today.
“Economics changed the way I viewed the world. It was in that class that I learned that everything in business is supply and demand. I decided that in order to get one leg up after graduation, I would be wise to stay in Richmond. It’s much more affordable than larger cities and I was able to buy my first house at age 24, when all my friends from up north are struggling today to buy a home at age 30. Richmond is a great place to live and start a business.”
The young real estate entrepreneur is best known for his most visible business, the European Market & Café on W. Main Street in Richmond’s popular Fan district. Savedoff spends a good portion of his days educating customers on imported European delicacies. The majority of his business comes from the Café and catering arms of the company, and they now sport broad menus featuring the same hard-to-find, premium imported ingredients found in his market.
Savedoff began his career in investment banking. From there, he moved to the retail investment business, where he dealt with a lot of business owners as clients. “Every step in my career path led toward entrepreneurship, whether or not I was conscious of it,” said Savedoff, who still puts in 80 hour weeks. He does find time to keep in touch with his classmates, several of whom are frequent guests at his popular “First Friday” wine tastings, and is engaged to be married to fellow UR alumnus Bindy Reuben, B’02 in September.
York, Pennsylvania native Christine McGraw Branin, B’84 is a senior vice president at the Martin Agency. After a brief time in retail at Miller & Rhoads, she took a job at the Martin Agency, one of the nation’s top advertising agencies, which is headquartered in Richmond. She recently helped host 50 University of Richmond students at the Martin Agency, encouraging bright young marketing minds to stay in Richmond.
“I’ve been fortunate to have worked in all areas of the company over the past 23 years, from the marketing department to talent to account management. The Martin Agency is a great company to work for and I’ve been in love with Richmond since I first saw the University of Richmond campus.”
Today, Branin is second in command on the Wal-Mart account, helping the nation's largest discount retailer and employer improve their image. The Wal-Mart ad team created the retailer’s new tag line “Save money. Live better.”
If you were to ask University or Richmond alumni, they’d probably tell you the Wal-Mart tag line fits the Richmond lifestyle as well.
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