Recent Articles from Kate Andrews
Bacon named executive director of Jefferson Council
James A. Bacon Jr., the Richmond-based founder of conservative political blog Bacon’s Rebellion, has been named executive director of The Jefferson Council, a University of Virginia alumni association “devoted to upholding the Jeffersonian legacy,” Bacon announced Monday. A U.Va. alum, Bacon was Virginia Business magazine’s founding editor for 16 years, beginning in 1986, w[...]
SCC judge’s resignation will leave 2 of 3 seats empty
Virginia State Corporation Commission Judge Judith Williams Jagdmann has informed state legislators she plans to resign from the three-seat commission after 16 years on the bench. Her departure will leave two seats empty as of Dec. 31. In a letter sent to the leadership of the Virginia State Senate and the House of Delegates on […]
Martin Agency CEO named global head of MullenLowe Group
Kristen Cavallo, CEO of Richmond-based ad firm The Martin Agency, has been promoted to global CEO of MullenLowe Group and will serve in both positions, Interpublic Group (IPG) announced Thursday. IPG is one of the “Big Four” advertising companies, having started in 1930 as McCann-Erickson. Today, it includes dozens of companies, including MullenLowe, Octagon and […]
D.C. AG’s office sues Snyder, Commanders, NFL
Washington, D.C., Attorney General Karl Racine announced on Twitter Thursday afternoon that his office is suing the Washington Commanders team, owner Dan Snyder, NFL Commissioner Roger Goodell and the National Football League, accusing the defendants of “colluding to deceive District residents … about an investigation into toxic workplace culture,” referring to the NFL’s 20[...]
Report: Bezos, Jay-Z could buy Washington Commanders
Could Beyoncé become a regular presence at Washington Commanders games? It’s within the realm of possibility. According to The Washington Post, Amazon.com Inc. founder and Executive Chairman Jeff Bezos and billionaire rapper Jay-Z (Beyoncé’s husband) may team up to buy the Ashburn-based NFL team, currently owned by Dan and Tanya Snyder. On Wednesday, the Commanders […]
Richmond seeks developers for Coliseum property
Two Richmond city authorities issued a request for interest Thursday to redevelop the area surrounding the Richmond Coliseum into a hotel-anchored mixed-use development, the City Center Innovation District. Owned by Richmond’s economic development authority, the 9.4-acre property includes the shuttered Coliseum and other structures that were part of the failed Navy Hill development proposal.[...]
Thalhimer buys Diamond District properties for $4.6M
TRP Hermitage LLC, an entity connected to Richmond-based Thalhimer Realty Partners Inc., has purchased two industrial properties near The Diamond baseball stadium in Richmond for $4.6 million, S.L. Nusbaum Realty Co. announced Thursday. It was an off-market deal, according to Thalhimer. The plots — 0.735 acres at 1701 Rhoadmiller St. and 0.978 acres at 2508 […]
Dan Snyder may sell Washington Commanders
Daniel and Tanya Snyder are considering selling the Washington Commanders, the Ashburn-based NFL team announced Wednesday. They have hired Bank of America Securities “to consider potential transactions,” according to a news release. Dan Snyder has been under increasing pressure to sell the team in recent weeks, as both he personally and the team’s head office […]
Altria strikes $150M deal with Japan Tobacco
Altria Group Inc., the Henrico County-based tobacco giant, announced Thursday it is partnering with Japan Tobacco Group to sell heated tobacco products in the U.S. and worldwide, placing Altria in direct competition with Juul Labs Inc. and Philip Morris International Inc. The $150 million deal, in which Altria subsidiary Philip Morris USA has a 75% […]
Pharrell’s Mighty Dream forum coming to Norfolk Nov. 1-3
Executives from Google, H&M, Universal Music Group, Yelp and McDonald’s will join Grammy winner Pharrell Williams Nov. 1-3 in Norfolk for his Mighty Dream forum, a sequel to last fall’s Elephant in the Room event. Along with panel discussions and networking events focused on making work and business opportunities more equitable and supporting and growing […]