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DXC Technology sells health care software business for $525M
Tysons-based Fortune 500 company DXC Technology announced Tuesday it would sell its health care software provider business to privately held Italian company Dedalus Group for $525 million in cash. The DXC software is used for hospital information systems, primary and social care, integrated care and diagnostics. “The sale of our health care provider software business […]
Dollar Tree CEO retires; successor named
Chesapeake-based Fortune 200 discount retail giant Dollar Tree Stores Inc. announced Monday that CEO Gary Philbin has retired, but will remain an executive and member of the company’s board of directors through Sept. 23. Dollar Tree Enterprise President Michael A. Witynski has been promoted to president and CEO. “The board and I are grateful to […]
35 Virginia companies make 2020 Fortune 1000 list
Thirty-five Virginia-based companies made Fortune magazine’s 66th annual Fortune 1000 list, which was released Monday. The list ranks the 1,000 largest United States corporations by total revenue. Of the 35 Virginia companies, 22 made the elite Fortune 500 list. Science Applications International Corp. (SAIC) is the only Virginia newcomer to the Fortune 500 list. Last year […]
Owens & Minor names new board member
Mechanicsville-based Fortune 500 medical supply distribution company Owens & Minor Inc. has appointed retired U.S. Army Lt. Gen. Gwendolyn “Gwen” Bingham to its board of directors, effective March 5. Bingham is a retired three-star U.S. Army lieutenant general and most recently was the Department of the Army’s assistant chief of staff for installation management, providing […]
Genworth completes $1.8B sale of Canadian unit
Henrico County-based Genworth Financial Inc. has completed the sale of the majority stake in its Canadian mortgage insurance company. The sale of Genworth MI Canada Inc. to Brookfield Business Partners is part of Genworth’s effort to clear the way for its long-delayed takeover by China Oceanwide Holdings Group Co. Ltd. Brookfield paid $48.86 Canadian dollars (CAD) […]
