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Krone to step down as Leidos CEO; Rolls-Royce exec to replace him
Reston-based Fortune 500 contractor Leidos Chairman and CEO Roger Krone plans to step down from both positions this year, with Thomas Bell, the president of Defense Rolls-Royce plc and chairman and CEO of the company’s North American branch, succeeding Krone as CEO on May 4, Leidos announced Monday. Robert S. Shapard will become the company’s […]
Markel announces next CFO
Teri Gendron will succeed Jeremy Noble as Markel Corp.’s chief financial officer on March 20, the Glen Allen-based Fortune 500 insurance and investment firm announced Tuesday. Noble became president of Markel’s insurance operations earlier this year. Gendron will oversee and manage the holding company’s financial operations across its three divisions: insurance, investments and M[...]
Dollar Tree CEO resigning; former Dollar General CEO to replace him
Dollar Tree Inc. CEO Mike Witynski will leave the Chesapeake-based Fortune 500 discount retailer and its board effective Jan. 29, with Executive Chairman Rick Dreiling becoming the next CEO, the company announced Tuesday. Witynski, who joined Dollar Tree in 2010, played a key role in the company’s 2015 acquisition of the Family Dollar retail chain. […]
Arko CFO to retire this year
Arko Corp. Chief Financial Officer Don Bassell will retire by the end of 2023, the Fortune 500 holding company for Henrico County-based convenience store chain GPM Investments LLC announced Tuesday. “It has been an honor to work alongside our dynamic executive team and employees to grow the company into the leader it is today through […]
BWXT names general counsel
Lynchburg-based BWX Technologies Inc. has promoted Ronald O. “Chip” Whitford Jr. to senior vice president, general counsel, chief compliance officer and corporate secretary, the Fortune 1000 federal contractor announced Wednesday. The promotion was effective Tuesday. Whitford, who joined BWXT in 2017 and has most recently served as vice president, deputy general counsel and assistant c[...]
BWXT names chief digital officer, SVP
Lynchburg-based Fortune 1000 federal contractor BWX Technologies Inc. has named Omar Meguid senior vice president and chief digital officer, the company announced Tuesday. Meguid’s position was effective Jan. 1. He is responsible for BWXT’s digital platform supporting business operations in the United States, Canada and the United Kingdom. The role is a new position within […]
General Dynamics’ Electric Boat lands $5.1B submarine contract
General Dynamics Corp.’s Groton, Connecticut-based Electric Boat Corp. has received a $5.1 billion contract modification for the Columbia-class ballistic-missile submarine program, the Pentagon announced Wednesday. The contract includes missile long-lead material and missile tube manufacturing, advance procurement and construction, material procurement, production backup, and planned equipme[...]
Leidos receives $334M Air Force hypersonics contract
Reston-based Leidos Inc. will help the Air Force develop its Mayhem hypersonic system under a $334 million contract, the Fortune 500 contractor announced Friday. Under the contract, Leidos will assist the U.S. Air Force Research Laboratory in developing the Expendable Hypersonic Multi-mission ISR (intelligence, surveillance and reconnaissance) and Strike Program, known as Mayhem. The system [&hell[...]
Arko closes Pride convenience stores deal
Arko Corp., a Fortune 500 holding company for Henrico County-based convenience store chain GPM Investments LLC, has closed on its acquisition of Pride Convenience Holdings LLC, which operates 30 Pride convenience stores in Massachusetts and one in Connecticut. The deal was first announced in October. The $230 million acquisition, plus the value of inventory, brings […]
Arko to buy Uncle’s convenience stores for $140M
Arko Corp., a Fortune 500 holding company for Henrico County-based convenience store chain GPM Investments LLC, announced Wednesday it has agreed to acquire the retail, wholesale and fleet fueling assets of Texas-based WTG Fuels Holdings LLC, the owner of Uncle’s convenience stores and Gascard fleet fueling operations. The $140.4 million acquisition, plus the value of […]
SAIC wins $171M IT contract
Reston-based Fortune 500 contractor Science Applications International Corp. has received an IT contract valued up to $151 million from the U.S. Transportation Command, the Pentagon announced Thursday. Under the contract, SAIC will manage and support operations and modernization of the command’s IT systems and applications. The work includes classified and unclassified programs on multiple [...]
Dollar Tree adds four more execs
Chesapeake-based Fortune 500 discount retailer Dollar Tree Inc. has named four additional executives, the company announced Thursday. These hires are the latest leadership changes after a C-suite shakeup over the summer. Jennifer Bohaty will join as chief compliance officer, Terence Goods will be chief diversity officer, Jennifer Silberman will be chief sustainability officer, and Kristin [&hellip[...]
