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CarMax leaves Martin Agency, transfers ad account to L.A. firm
Fortune 500 used car retailer CarMax, headquartered in Goochland County, has chosen a new creative agency of record, leaving Richmond-based marketing and ad firm The Martin Agency, which held the account since 2019. The nation’s largest used car retailer announced Wednesday it has appointed 72andSunny’s Los Angeles office as its creative AOR “following a competitive […]
NFIB hires grassroots manager for five-state region
Small business advocacy organization the National Federation of Independent Business announced Tuesday that it hired Katie Whittington as its grassroots manager for Georgia, North Carolina, South Carolina Virginia and West Virginia. In the role, Whittington will be based in Richmond and work directly with NFIB members across the five-state region to advance small business agendas […]
TowneBank finalizes $120M acquisition of Village Bank
Suffolk-based TowneBank has completed its acquisition of Midlothian’s Village Bank and its parent company Village Bank and Trust Financial, the bank announced Tuesday. When the companies announced the merger in September, they valued the deal at about $120 million. Village Bank shareholders gave “overwhelming support” for the merger at a special meeting held in December […]
Dominion Energy proposes hefty rate hikes
Fortune 500 utility Dominion Energy is proposing a fuel rate increase and additional base rate increases which, if approved, could raise monthly power bills for average residential customers by as much as $21.43 by 2027. The Richmond-based utility proposed new base and fuel rates in separate filings with the Virginia State Corporation Commission on Monday. […]
Hunton Andrews Kurth announces new leaders
A new generation of leadership is emerging at Hunton Andrews Kurth. The law firm on Tuesday announced several leadership appointments, all of which became effective April 1. Hunton has about 850 attorneys firmwide and 18 offices around the globe, with its largest office in Richmond. It is the third largest law firm headquartered in Virginia. […]
Pharma hub workforce training wins $3.9 million grant
The talent pipeline for the Richmond-Petersburg region’s growing advanced pharmaceutical manufacturing and biotech industries is getting a boost from a $3.9 million federal grant. Announced in mid-January, the U.S. Economic Development Administration’s Good Jobs Challenge grant was awarded to the Community College Workforce Alliance in Disputanta, a shared division of Brightpoint and [...]
VCU Health performs nation’s first fully robotic living donor liver transplant
Richmond-based VCU Health Hume-Lee Transplant Center made history this month by becoming the first center in the United States to perform a fully robotic liver transplant using a liver from a living donor. VCU Health said the procedure, which was led by the interim surgical director of liver transplant Seung Duk Lee, used the da […]
VCU receives approval to purchase Altria Richmond research facility
Virginia Commonwealth University received state approval this week to buy Altria Group’s 450,000-square-foot research building in downtown Richmond. The Altria Center for Research and Technology, which opened in 2007, sits on more than four acres at 600 E. Leigh St. and is assessed for $275 million. Discussions between officials with VCU and Henrico County-based Fortune […]
Statewide home sales declined in February
Virginia home sales slowed in February, according to statewide sales data released Tuesday by Virginia Realtors. The trade association reports that there was a pullback in closed sales in February, with 6,129 homes sold statewide. That’s 604 fewer sales than last February — a 9% decrease. “Some of this was likely due to winter weather […]
Bon Secours hires new chief clinical officer for Richmond market
Dr. David Hasleton is the new chief clinical officer for Bon Secours’ Richmond market, the health system announced Thursday. In this role, Hasleton will oversee clinical operations, working with clinical teams, operational leaders and physicians and advanced practice clinicians. Most recently, Hasleton served as chief medical officer for Intermountain Health, a health system headquartered in[...]
University of Richmond law school dean stepping down next year
The University of Richmond announced Wednesday that Wendy Perdue, dean of the university’s School of Law, is stepping down as dean at the end of the 2025-26 academic year. Perdue has been the law school dean since 2011 and will remain on faculty as a professor of law following a sabbatical. “Dean Perdue’s leadership, vision, […]
Henrico sends default notices to $2.3B GreenCity project developers
Updated March 10 The $2.3 billion GreenCity development in Henrico County appears to be in jeopardy, unless developers make an overdue payment by the end of the week. Henrico County has sent two notices of default — one in regard to the property purchase agreement and one relating to the development agreement — to the […]
