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Recent Articles from Katherine Schulte
Hotel industry recovering, but unevenly
The hotel industry will continue its recovery from 2020 this year, but unevenly, according to the American Hotel & Lodging Association’s 2022 State of the Hotel Industry Report. “Hotels have faced enormous challenges over the past two years, and we are still a long way from full recovery. The uncertainty about the omicron variant suggests […]
JBG Smith breaks ground on two mixed-use towers in Arlington
Maryland-based developer JBG Smith Properties announced Tuesday that it had started construction on two mixed-use towers in National Landing. The multifamily towers, located at 2000 and 2001 S. Bell St., will bring 775 rental apartments and nearly 27,000 square feet of retail space to National Landing. “The start of construction at 2000 and 2001 S. […]
Virginia ABC stores to change to noon opening
The Virginia Alcoholic Beverage Control Authority will change its daily opening hours to noon at its 395 stores starting Monday. Staffing stores has become difficult as “increasing numbers of ABC’s retail employees continue to be affected by COVID-19,” the authority said in a news release. Store closing times will remain the same. “Like other retailers […]
Peraton names SVP and chief procurement officer
Dan Ostrosky became senior vice president and chief procurement officer for federal contractor Peraton Inc. on Monday. “Dan brings decades of proven experience in both procurement and profit and loss leadership and has a thorough understanding of how a strategically aligned procurement organization can be a force multiplier,” Peraton Chairman, President and CEO Stu Shea […]
Va. new unemployment claims up 16%
New unemployment claims in Virginia increased 16% last week, the Virginia Employment Commission reported Thursday. For the filing week ending Jan. 15, Virginians filed 2,849 initial claims, an increase of 406 from the week before. Continued claims totaled 7,059, down 1,131 from the previous week. Compared to the same week last year, initials claims were […]
Reston IT company promotes CEO
Tony Crescenzo, president of Reston-based information technology contractor Intelligent Waves LLC (IW), has been promoted to CEO, the company announced Wednesday. “Tony’s high-energy leadership style and ability to recruit top management talent has enabled us to maximize the value and impact of our company,” IW founder and owner Jared Shepard said in a statement. Crescenzo […]
Graham Media Group announces next president and CEO
Catherine Badalamente will be the next president and CEO of Arlington-based Graham Holdings Co.’s local media division, Graham Media Group. Her hiring follows current president and CEO Emily L. Barr’s Tuesday announcement that she would retire later this year. Graham Holdings Co. is the family company of the late Katharine Graham, who was the former […]
Va. Chamber of Commerce elects next chair
The Virginia Chamber of Commerce elected Fred D. Thompson Jr. its 2022 chair on Tuesday. Thompson is chief administrative officer and a business partner at Reston-based Thompson Hospitality Corp. “Fred has been a vital member of the Chamber’s board of directors and executive committee for several years and is a valued leader in the business […]
Elizabeth River Crossings CEO announces retirement
Elizabeth River Crossings OpCo LLC (ERC) CEO David Sullivan announced his retirement, effective Jan. 21. ERC finances, operates and maintains the Elizabeth River Tunnels. A new CEO will be named next week. ERC owners Abertis Infraestructuras S.A. and Manulife Investment Management named Sullivan CEO in January 2021. He had previously served as director of revenue, […]
Booz Allen secures $74M Navy contract
McLean-based Fortune 500 global management consultant Booz Allen Hamilton Inc. won a potential $74.7 million contract with the U.S. Navy to support the Program Executive Office Unmanned and Small Combatants (PEO USC) mission, the U.S. Department of Defense announced Friday. Under the cost-plus-fixed-fee contract, Booz Allen Hamilton will provide a single program executive for the […]
