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Choice Financial announces new president, mid-Atlantic leader
Virginia Beach-based insurance broker Choice Financial Group has announced several changes to its leadership this month. Troy Dillow has been named president and chief operating officer, where he will be responsible for leading the company’s day-to-day operations and executing strategic initiatives.
Danville’s River District Association CEO resigns
Diana Schwartz is resigning as CEO of Danville’s River District Association, effective June 5.
Dollar Tree announces CEO of Family Dollar, soon to be sold
Chesapeake-based Dollar Tree announced Monday that its soon-to-be-sold Family Dollar property will be led by Duncan MacNaughton, who will serve as chairman and CEO of the discount retail chain.
UnitedHealth Group CEO steps down as company lowers, then withdraws financial outlook for 2025
UnitedHealth CEO Andrew Witty steps down amid rising costs. The insurer suspends its 2025 outlook; shares drop 16% after months of instability.
Farm Credit of Virginias CEO to retire
Brad Cornelius will retire in late 2025 after leading Farm Credit of the Virginias for five years. He grew the cooperative's loan portfolio to $2.3B and 12,500 customer-owners.
Professional Services Council names ex-Trump official new CEO
The Professional Services Council has named former Trump official Jim Carroll as its new CEO, succeeding David Berteau after nine years of leadership.
U.Va. med school faculty, clinical leaders defend those who backed CEO’s resignation
More than a month after Dr. K. Craig Kent resigned as UVA Health’s CEO following an independent investigation and an emergency meeting of the University of Virginia Board of Visitors, drama is still roiling at the university. A group of 21 doctors — U.Va. School of Medicine faculty senators and senators-elect, as well as the […]
University of Virginia Foundation promotes new CEO
The University of Virginia Foundation has named Deborah van Eersel as its next CEO, effective July 1. Currently the foundation’s chief administrative officer, she will succeed Tim Rose, who is retiring after 33 years at its helm, U.Va. announced in late January. The foundation’s directors formally approved the decision to promote van Eersel at a […]
National Bankshares CEO to retire
Blacksburg-based National Bankshares announced that its chairman and CEO, F. Brad Denardo, will retire June 30 from his position as CEO of the community bank holding company and its banking subsidiary, The National Bank of Blacksburg, which does business as National Bank. Denardo will also retire from his position as chairman, president and CEO of […]
Bank of Botetourt CEO retires after nearly four decades at bank
G. Lyn Hayth III will retire as CEO of the Buchanan-based Bank of Botetourt at the end of June after nearly four decades at the bank, according to a Wednesday announcement. Michelle R. Austin, the bank’s president and chief operating officer, will become CEO on July 1 and retain her role as president. After joining […]
Federal prosecutors to seek death penalty for Luigi Mangione in UnitedHealthcare CEO’s killing
NEW YORK (AP) — U.S. Attorney General Pam Bondi said Tuesday that she has directed prosecutors to seek the death penalty against Luigi Mangione, the man accused of gunning down UnitedHealthcare CEO Brian Thompson, following through on the president’s campaign promise to vigorously pursue capital punishment. It is the first time the Justice Department has sought to bring the death [&he[...]
23andMe files for Chapter 11 bankruptcy as co-founder and CEO Wojcicki resigns
NEW YORK (AP) — 23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs. San Francisco-based 23andMe announced on Sunday that it will look to sell “substantially all of its assets” through a court-approved reorganization plan. Anne Wojcicki, […]
