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Framatome CEO retiring; CFO to be promoted
Framatome Inc. President and CEO Gary Mignogna will retire July 1, and Chief Financial Officer Katherine Williams will succeed him, the Lynchburg-based nuclear reactor and fuel company announced Tuesday. Mignogna will become chairman of Framatome Inc.’s board upon his retirement. Williams, who will continue to serve as CFO, has worked for Framatome, a French nuclear […]
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 […]
Virginia 500 Spotlight: Rex D. Geveden
CEO and president, BWX Technologies Inc. Lynchburg BEST ADVICE YOU HAVE TO GIVE TO OTHERS: Write and track your life goals — family, financial, career, experiential, spiritual, etc. I’ve been doing this for 35 years. WHAT WAS YOUR FIRST JOB? My first real job was systems analyst at Teledyne Brown Engineering. PERSON YOU ADMIRE AND […]
BWXT begins production of fuel for 1st U.S. microreactor
Lynchburg-based BWX Technologies Inc. has begun producing the nuclear fuel that will power the first microreactor built and operated in the United States, the company announced Wednesday. BWXT will manufacture a nuclear core for Project Pele under a $37 million award from the Idaho National Laboratory, as well as tristructural isotropic particle fuel, known as […]
Lynchburg apartments sell for $8.15M
The Gish Flats Apartments in Lynchburg have been sold for $8.15 million, Colliers announced Tuesday. The two buildings at 317 5th St. include 66 units. Eight 8 Properties LLC purchased the apartment buildings from Gish Flats LLC. Gish Flats, near downtown Lynchburg, underwent renovations in 2016, according to Colliers. Charles Wentworth, Garrison Gore, G.S. “Hank” […]
BWX Technologies hires new chief admin officer
Lynchburg-based BWX Technologies Inc. has hired Robert “Bob” Duffy as its senior vice president and chief administrative officer, the nuclear components and fuel supplier announced Monday. He starts Aug. 29. Duffy will take the place of Rick Loving, BWXT‘s current chief administrative officer, who announced his retirement after 43 years with the company. Duffy previously [&hellip[...]
Liberty launches search for new president
Liberty University announced Wednesday that it has hired an Atlanta-based executive search firm to find its next president, who will succeed Jerry Prevo, the longtime board chair who became the Lynchburg private Christian institution’s interim president after Jerry Falwell Jr. stepped down amid scandal in August 2020. “President Prevo has been a gift from God […]
BWXT appoints new president of nuclear operations
The new president of BWX Technology’s Nuclear Operations Group Inc. spent three decades working for the Navy as a civilian. Sharon H. Smoot started her new position Aug. 1. She is responsible for the BWXT subsidiary’s mission to provide a range of nuclear components and services, including manufacturing reactor components for Navy submarines and aircraft […]
CVTC property inches closer to redevelopment
Once home to more than 3,600 people with intellectual disabilities and other conditions, the Central Virginia Training Center property in Amherst County is drawing closer to a different future. In June, Gov. Glenn Youngkin signed into law the latest state budget, which removed $25 million in tax obligations from the 350-acre site, making it more […]
Statewide hotel revenues continue to lag 2019
Hotel revenues in Virginia for the first half of 2022 continued to lag behind 2019, and reduced business travel is still the culprit. That’s according to data released this week from STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. Hotel rooms sold decreased by 4.6% in Virginia through June […]
BWXT subsidiary to build first U.S. nuclear microreactor
BWXT Advanced Technologies LLC, a subsidiary of Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc., will build the first advanced nuclear microreactor in the United States under a $300 million contract awarded by the Department of Defense’s Strategic Capabilities Office, the company announced Thursday. In March 2021, BWXT was chosen as one of two […]
