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Richmond

Johnston-Willis Hospital names new CEO
Aug 24, 2022

Johnston-Willis Hospital names new CEO

Johnston-Willis Hospital in Richmond has a new chief executive, HCA Virginia Health System announced Tuesday. Beth Matish will become the Chesterfield County hospital’s CEO on Aug. 29. She has been part of the senior leadership team at Henrico Doctors’ Hospitals for 20 years and was named CEO of  Retreat Doctors’ Hospital in Richmond, another HCA […]

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Aug 11, 2022

Kaléo launches government biz unit

Richmond-based Kaléo on Thursday announced the formation of a new government business unit to focus on domestic and international procurement of the company’s system to reverse the effect of weaponized opioids as well as to provide access to it for military and civilian stockpiles. Kaléo’s Rapid Opioid Countermeasure System (ROCS) is a 10 mg Naloxone […]

Richmond-based used-car consignment retailer CarLotz went public via SPAC in January, but saw its stock price fall by 65% by mid-September. Photo by Scott Elmquist
Aug 9, 2022

CarLotz to merge with San Francisco’s Shift

Richmond-based CarLotz Inc., the nation’s largest consignment-to-retail used vehicle business, will merge with San Francisco-based Shift Technologies Inc., a similar platform on the West Coast, the companies announced Tuesday. The companies will combine in a stock-for-stock merger, according to a news release and will trade on Nasdaq under SFT. At the close, the new company […]

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Aug 5, 2022

More Diamond District details released; city narrows pool to 2 developers

Richmond has narrowed its pool of Diamond District development team finalists from three to two, city officials announced Friday, while releasing some more details about the competing proposals, which include thousands of residential units and a new Richmond Flying Squirrels stadium expected to be paid for with bonds. Still in the running to develop a […]

Kate Pittman (L) is executive director of the nonprofit that promotes and supports Virginia Beach’s ViBe Creative District, the trendy area co-founded by Andrew Fine and Laura Wood. Marked by colorful murals and artwork, the district features a mix of art galleries, retailers, coworking space, restaurants, breweries and coffee shops. Photo by Mark Rhodes
Jul 28, 2022

Creating community vibes

In Virginia Beach, most tourists flock to the Oceanfront. But just a couple blocks west, you’ll find an area that feels a little more artsy and a lot more local. In the 15-block ViBe Creative District, situated between the Virginia Beach Convention Center and the Oceanfront, coffee shops and restaurants operate out of former industrial […]

Altria Group CFO Sal Mancuso brings his 30-plus years of experience to his volunteer position chairing regional economic development organization the Greater Richmond Partnership. Photo courtesy Altria Group Inc.
Jul 28, 2022

Broadened horizons

Virginia Business’ 2022 Virginia CFO of the Year award winners represent large and small businesses and large and small nonprofits.  Large business | Sal Mancuso, executive vice president and CFO Altria Group Inc., Henrico County A first-generation college graduate whose father immigrated to this country from Sicily, Italy, as a teenager, Sal Mancuso believes it’s […]

Earlier in her career, Fahrenheit Advisors CFO Cynthia Macturk was a finance executive at Capital One, helping establish operations in England and South Africa. Photo by Caroline Martin
Jul 28, 2022

‘A seat at the table’

Virginia Business’ 2022 Virginia CFO of the Year award winners represent large and small businesses and large and small nonprofits.  Small business | Cynthia Macturk, CFO Fahrenheit Advisors, Richmond When Cynthia Macturk wants to consult with professional peers, she doesn’t have to go far. “Here, I have an entire in-house network of wonderful CFOs,” says […]

“What I got out of it was leaps and bounds beyond what I anticipated,” D’Ivonne Holman says of Leadership Fairfax, a leadership development program she graduated in 2019. Holman is development director for the nonprofit Lamb Center, a Fairfax homeless shelter. Photo by Will Schermerhorn
Jul 28, 2022

Lead on

Not long after D’Ivonne Holman became director of development for Northern Virginia family services nonprofit Britepaths in 2018, she signed up to participate in Leadership Fairfax, a leadership development organization focused on local and regional challenges in Fairfax County. Her boss, a Leadership Fairfax alum, encouraged her to apply. She was accepted into Leadership Fairfax’s [&h[...]

Jul 28, 2022

Out and about

Virginia Business held its 17th annual Virginia CFO Awards banquet at The Jefferson Hotel in Richmond on June 16. Sponsored by Truist and Brown Edwards, the event honored 51 CFOs from around the commonwealth, nominated in four award categories, representing a variety of for-profit businesses, nonprofits and government agencies. (See Pages 59-64 for the full […]

First National Bank to expand in NoVa, Richmond
Jul 27, 2022

First National Bank to expand in NoVa, Richmond

FNB Corp., parent company of First National Bank, announced Wednesday it will expand its presence in Virginia, particularly in the Northern Virginia area. According to a news release, FNB expects to add four branches in Reston and Arlington by 2024, in addition to seven currently operating in the greater Washington, D.C., area. Also, FNB plans […]

Jul 25, 2022

Arko Corp. buys Quarles Petroleum

Richmond-based Fortune 500 convenience retail holding company Arko Corp. has acquired Fredericksburg-based Quarles Petroleum for $170 million, Arko announced Monday. Arko Corp. debuted this year on the Fortune 500 list at No. 498 and is the parent company of Richmond-based GPM Investments LLC, one of the nation’s largest convenience store chains. Quarles Petroleum is one […]

Richmond’s Maymont wins $8M tourism grant
Jul 19, 2022

Richmond’s Maymont wins $8M tourism grant

Updated July 20, 2022 Maymont Foundation, which maintains and runs Richmond‘s Maymont park, was awarded an $8 million federal grant Tuesday to promote regional tourism, the U.S. Department of Commerce’s Economic Development Administration announced. With an additional $2 million in matching funds from the foundation, the EDA grant will be used for infrastructure improvements to [&helli[...]

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