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Ex-Bank Executive Will Lead Woodruff Arts Center

Virginia Hepner wants to help make the case that the arts can help improve the economy and education. Virginia Hepner wants to help make the case that the arts can help improve the economy and education.

June 24, 2012 | Read Time: 1 minute

New job: Virginia Hepner, 55, will begin her new position as president of the Robert W. Woodruff Arts Center on July 1. She succeeds Joe Bankoff, who is retiring after leading the Atlanta center since 2006. The institution is home to the Alliance Theatre, the Atlanta Symphony Orchestra, the High Museum of Art, and Young Audiences, Woodruff’s arts-education division.

Career path: A business consultant, Ms. Hepner spent 25 years at Wachovia Bank (now Wells Fargo), rising to executive vice president of its U.S. corporate-finance department. She served as interim director of the Atlanta Ballet in 2009, and then became interim director of Young Audiences, overseeing operations and helping to expand arts-education programs at the other organizations housed at Woodruff.

Her goals: To increase the endowment, which now totals $274.9-million, and strengthen the center’s overall financial stability, plus do more to share resources with other arts groups in the metropolitan area. She also hopes to demonstrate that the arts improve the economy and education.

Education: She earned a bachelor’s degree in finance from the University of Pennsylvania’s Wharton School and a master’s in business administration from Northwestern University’s Kellogg School of Management.

Salary: She declined to reveal it.


What she’s reading: La Place de la Concorde Suisse, by John McPhee, and Lots of Candles, Plenty of Cake, by Anna Quindlen.

About the Author

Senior Editor

Maria directs the Chronicle of Philanthropy’s annual Philanthropy 50, a comprehensive report on America’s most generous donors. She writes about wealthy philanthropists, family and legacy foundations, next generation philanthropy, arts organizations, key trends and insights related to high-net-worth donors, and other topics.