M&T Bank Presents CEOs You Should Know

M&T Bank Presents CEOs You Should Know

Get to know the area's most influential CEOs close up and personal.Full Bio

 

Julie & Mike Holmes, Co-CEOs, Virginia Tire & Auto

Julie Boncarosky Holmes

After embarking on a successful law career that included clerking for a judge on the U.S. Court of Appeals, Julie Holmes went on to practice real estate and corporate law at Covington & Burling, LLP. In 2010, she gave up her law career to join her parents’ automotive maintenance and repair business. In 2014, Julie and her husband, Mike, took over the leadership of the family business, Virginia Tire & Auto, and they are now co-CEOs. Since that time, Julie has worked to rebrand the business and the couple has grown the business to 17 locations and more than $62M in annual revenue.

Believing strongly in equal opportunities for women and recognizing the low numbers of women in the auto industry, Julie is a vocal champion of bringing women into the auto repair industry. Her pursuit is paying off with more than 30 women have joined Virginia Tire & Auto over the past year. With five children, four of them girls, she wants to make sure everyone has equal opportunity.

Giving back is of great importance to Julie. She created the Wheels for a Work program that provided pro bono auto repair services for low-income individuals in Fairfax, Loudoun, and Prince William counties. This allowed working families throughout the region to have reliable transportation. She has served on numerous boards and advisory committees including the Foundation for Applied Technical Education Inc. (FATE); Think Big for Kids – Northern Virginia; the Green Hedges School Board of Trustees, of which she was Co-Chair; Vienna Youth Inc.; and the advisory committee of Osbourn High School Automotive Technology Program; and she is a member of the National Charity League. She volunteers at organizations throughout the area, including Women Giving Back, Wreaths Across America, HOPE, and various shelters.

Julie is a graduate of Washington & Lee University where she received a B.S. degree in business and accounting and was cum laude. She graduated second in her law school class from Villanova University where she earned an MBA in addition to her JD.

She resides in Vienna, Virginia with her husband and five children.

Michael Holmes

Over the last 15 years, Mike Holmes has helped Virginia Tire & Auto innovate and stay ahead of the automobile industry’s rapid digital transformation.

While overseeing operations and driving profitability, Mike has remained hyper-focused on the future of automotive and assuring Virginia Tire & Auto’s business model and workforce are adapting to skillfully maintain one of the customer’s most significant investments.

Additionally, Mike has served as an advisor to several leading companies. He currently sits on the dealer advisory board for Bridgestone, previously served on a dealer advisory board for Goodyear, and also served as an advisor and investor to Urgent.ly, a global digital roadside assistance platform.

Mike has experience in private investments from seed capital through raising funds for larger acquisitions and remains interested in additional investment opportunities.

An avid golfer who has an MBA from the University of Chicago and a B.S. from Washington & Lee University, Mike previously worked as a CPA at Arthur Anderson and in the U.S. real estate division at the Carlyle Group. His expertise and the skills he brings to Virginia Tire & Auto have significantly moved the company forward.

He resides in Vienna, Virginia with his wife and five children.


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