The City of Richmond has announced the appointment of Letitia Shelton as its new Director of Finance. Shelton, who will start on August 6th, brings over 30 years of experience in public sector finance. Her previous role was Director of Finance for the City of Virginia Beach, known for its Triple-A bond rating from major credit agencies.
“Ms. Shelton is a powerhouse in municipal finance and operations, and we are incredibly blessed to have her return to Richmond for this critical leadership role,” stated Chief Administrative Officer Odie Donald II. He emphasized her technical expertise and leadership skills.
Shelton’s career began in Richmond, where she served in various roles including Interim Director of Public Works and Deputy Director of Finance and Administration. “Richmond is home, and where I started my career,” said Shelton. She expressed excitement about returning to contribute to the city.
In addition to her work in Virginia Beach, Shelton held senior positions in Charlottesville, Virginia, and DeSoto, Texas. Mayor Danny Avula welcomed her appointment saying, “Ms. Shelton brings exactly the right experience and leadership to this role.”
Shelton’s achievements include maintaining Triple-A bond ratings during her tenure at Virginia Beach, which was ranked ninth among the Best-Run Cities in America by WalletHub in 2024.
Shelton will begin her new role with the City of Richmond on August 6th.
