Recent Articles from Katherine Schulte
Bowman gives $5M to Va. Tech for land development program
Reston-based Bowman Consulting Group Ltd. founder and CEO Gary Bowman committed $5 million to Virginia Tech’s College of Engineering for the expansion of sustainable land development learning initiatives, the university announced Monday. “The Bowman gift solidifies Virginia Tech as the premier undergraduate and graduate programs in the field of sustainable land development,” Mark Widdows[...]
Reading the room
In 2017, David Kern, a retired Naval submarine officer turned entrepreneur, had a lightbulb moment. While working on a data analytics project at a desk in the Naval Station Norfolk annex, he realized that his company, Virginia Beach-based Kern Technology Group LLC, needed to shift from focusing on product development to becoming a service contractor. […]
COVID challenges continue for Va. restaurants
Liz Kincaid faced a major problem in August after the walk-in refrigerator in one of her Richmond restaurants — Max’s on Broad — broke. Her usual supplier told her the wait for the replacement part would take two months. “I have raw oysters and produce and fish and chicken,” recalled Kincaid. “I’m like, ‘What am […]
Arko to acquire Transit Energy Group for $375M
Arko Corp., a Fortune 500 holding company for Richmond-based convenience store chain GPM Investments LLC, announced Monday that GPM and some of its subsidiaries have agreed to acquire South Carolina-based Transit Energy Group for approximately $375 million plus the value of inventory. Transit Energy Group has about 150 convenience stores and fuel supply rights to […]
Arlington supply chain tech unicorn hires CFO
Arlington-based supply chain management technology company Interos Inc. has hired Aida Sukys as chief financial officer. Sukys was previously CFO at Justworks Inc., a human resources tech company. Sukys also was the group CFO and global head of financial business services for Willis Towers Watson PLC, a global risk management and insurance company. In that […]
Appian appoints new chief revenue officer
McLean-based cloud computing firm Appian Corp. has named Christopher Jones to serve as chief revenue officer. Jones will lead the company’s sales operations and report directly to Appian CEO Matt Calkins. “Appian has built a leadership position in the low-code industry through superior technology and a compelling vision to empower organizations and individuals,” Jones said in […]
Virginia Tech appoints COO from W&M
Virginia Tech announced Wednesday it has named Amy Stoakley Sebring, currently chief operating officer at William & Mary, as its executive vice president and COO, effective Nov. 1. “I am very pleased to welcome Amy to the university community and our leadership team,” Virginia Tech President Tim Sands said in a statement. “She brings a […]
Virginia Tech promotes VP of comms, marketing
Virginia Tech announced Tuesday it has promoted Tracy Vosburgh to be its inaugural vice president of communications and marketing. The university is also renaming its University Relations department to Communications and Marketing. Vosburgh has served as Virginia Tech’s top communications administrator since 2015, when she joined the university as senior associate vice president for university [[...]
U.Va. School of Nursing receives $14M donation
The Carlyle Group co-founder, interim CEO and non-executive co-chairman William E. “Bill” Conway Jr. and his wife, Joanne, have committed $14 million to the University of Virginia’s School of Nursing, the university announced Friday. Adding to previous donations, the Conways’ gifts now total $49 million. “Our goal of supporting the School of Nursing is twofold,” […]
Massey Center, VCU Health hire cancer exec
Virginia Commonwealth University Massey Cancer Center and VCU Health announced Tuesday that Dr. Paula M. Fracasso, formerly of the University of Virginia, is now the cancer center’s deputy director and senior vice president of the health system’s cancer service line. An oncologist, former pharmaceutical executive and medical school professor, Fracasso joined VCU and the Massey […]