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Recent Articles from Robyn Sidersky
Alexandria’s QED Investors raises $925M for two new funds
Alexandria-based fintech venture capital firm QED Investors raised $925 million for two new funds, QED announced Tuesday. The funding comes from two capital commitments: a $650 million oversubscribed early stage fund and a $275 million early growth stage fund, according to a news release from QED, a key investor in San Francisco-based personal finance company […]
SWVA ‘ideal’ for small nuclear reactors, study says
Sites in Dickenson, Lee, Scott and Wise counties and the city of Norton would be “ideal” for installing small modular nuclear reactors (SMRs), according to a state-funded feasibility study released Monday. Examining the technical feasibility, safety considerations and economic viability of locating small reactors in Southwest Virginia, the study conducted by Reston-based Dominion Engin[...]
SAIC announces CEO transition
Nazzic S. Keene, CEO of Science Applications International Corp. (SAIC), will retire in October, the Reston-based Fortune 500 contractor announced Thursday. She will be succeeded by former Microsoft Corp. executive Toni Townes-Whitley, also formerly president of CGI Federal. Townes-Whitley will become CEO-elect on June 12, taking the helm of a company exceeding $7 billion in […]
SCHEV director to step down
Peter Blake, the long-time director of the State Council of Higher Education for Virginia (SCHEV), will step down by the end of the year, SCHEV announced Thursday. Blake has been director of SCHEV since 2012. The state higher education agency makes policy recommendations and approves new degree programs and schools within universities. During Blake’s tenure, […]
Carilion Clinic promotes COO Arner to president
Carilion Clinic has promoted its executive vice president and chief operating officer, Steve Arner, to president of the Roanoke-based nonprofit health system. He will remain COO while taking on new duties as president, Carilion said in its announcement Tuesday. Nancy Howell Agee, who has served as CEO and president since 2011, will also continue as […]
Markel to change name
Glen Allen Fortune 500 insurance and investment firm Markel Corp. will change its name to Markel Group Inc. on May 26, the firm announced Tuesday. The change is to “provide greater definition around the nature of [the] holding company, which includes three engines of insurance, investments and a group of diverse businesses in Markel Ventures,” […]
Caesars Danville opens temporary casino
Virginia’s third casino opened its doors Monday in Danville to hundreds of guests lined up to take a look inside Caesars Virginia’s 40,000-square-foot temporary casino. While the $650 million permanent resort, which is expected to open in late 2024, is being constructed next door, the temporary facility will offer guests eight sportsbook betting kiosks; 740 […]
Two execs take on new roles at Harvey Lindsay
Harvey Lindsay Commercial Real Estate President Robert M. King will add chairman of the board to his responsibilities, and Robert M. Beasley Jr. is now executive vice president for brokerage services, the Norfolk real estate firm announced Monday. King is taking over the role from Harvey Lindsay Jr., who died on April 19. He has […]
Boeing reaches $40B deal with Ryanair
Irish air carrier Ryanair plans to order as many as 300 Boeing 737 MAX-10 aircraft from Arlington County-based Fortune 100 contractor Boeing Co. in a $40 billion deal, the two companies announced Tuesday. Subject to approval by Ryanair’s stockholders, the deal includes a firm order from the airline for 150 aircraft and an option for […]
Tree-trimming companies merge, announce new leaders
Two national tree-trimming and vegetation management companies have merged and announced new leadership. The merger of Norfolk-based Xylem Tree Experts with Lawrenceville, Georgia-based Kendall Vegetation Services was backed by Connecticut-based private equity firm Sterling Investment Partners. The new company will have dual headquarters in Norfolk and just outside Atlanta. Its services will con[...]
