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Former executive sues New Peoples Bank for discrimination
Mary Trigiani, a marketing consultant and native of Big Stone Gap, has sued Russell County-based New Peoples Bank for discrimination and wrongful termination. She was employed as senior vice president of strategic planning and development at the community bank from 2017 until 2019, when her position was eliminated. In a suit filed Jan. 1 with […]
Applications open Jan. 19 for new PPP round
The relief loan floodgates will reopen Tuesday, as the U.S. Small Business Administration opens the latest $284.5 billion round of Paycheck Protection Program (PPP) funding available. This time, borrowers who received allocations during the initial rounds of PPP funding in 2020 can reapply under Second Draw PPP Loan applications. First Draw PPP Loans are for […]
Richmond Heritage Federal Credit Union names chairman
The Richmond Heritage Federal Credit Union announced Friday it elected Antione M. Green as its next chairman on Dec. 29, 2020. Green joined the board in 2018. He is the co-founder of the Patrick Henry School of Science and Arts, where he also served as CEO. He also serves as board president of the Richmond […]
Southern National Bancorp names EVP, CFO
Southern National Bancorp of Virginia Inc. and its McLean-based Sonabank subsidiary announced Monday that it has hired Matthew A. Switzer as executive vice president and chief financial officer. He succeeds Jeff Karafa, who will now serve as chief accounting officer. Switzer most recently served as managing director with Stephens Inc. “His experience in our industry […]
PBMares names new CEO
Newport News-based accounting and consulting firm PBMares LLP announced Tuesday that Harvey L. Johnson has been promoted as CEO, effective Jan. 1. Johnson, a partner and cybersecurity and control risk services practice leader, will serve as the company’s second CEO in the firm’s 58-year history. He succeeds Alan S. Witt, who[...]
Touchstone Bankshares names chief lending officer
Prince George-based Touchstone Bankshares Inc. has named C. Sean Link as its chief lending officer. Link has more than 10 years of senior executive banking experience with a focus on commercial banking, most recently as senior vice president of commercial banking at Truist in Richmond. Link also served as senior vice president of commercial banking […]
Booz Allen CFO elected to Moody’s board
Financial services company Moody’s Corp. announced Friday that Lloyd W. Howell Jr., executive vice president, chief financial officer and treasurer of McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc., has been elected to Moody’s board, effective March 15, 2021. Howell will join the boa[...]
PPP loans could make comeback in time for holidays
Congress could pass a third round of the U.S. Small Business Administration’s Paycheck Protection Program funding just in time for the holidays. A bipartisan group of U.S. senators on Monday introduced a $908 billion coronavirus relief bill, including an estimated $300 billion set aside for another round of PPP funding. In April, the first $349 […]
Capital One CFO to leave in March 2021
McLean-based Capital One Financial Corp. Chief Financial Officer R. Scott Blackley will step down in March 2021 to hold the same position with New York City-based health insurance startup Oscar Health Insurance Corp., the company announced last week. Capital One is the largest bank in Virginia, according to 2019 deposits. Senior[...]
Ten Va. companies make 2021 Forbes list of top tax, accounting firms
Ten Virginia-based companies made Forbes’ top tax and accounting firms list for 2021. Of 450 companies across the nation, 250 companies were awarded the America’s Best Tax Firm 2021 title and 200 companies were awarded the America’s Best Accounting Firm 2021 title. Tax and account professionals and their clients were surveyed between August and September. […]
Not the end of the world
In mid-March, Stephan Cassaday was absorbing Florida sun rays while bicycling near his vacation home when a radio news update on pandemic-related market volatility caused him to pull to the side of the road. Seated on a park bench, Cassaday, chairman and CEO of McLean-based Cassaday & Co. Inc. wealth managers, rang his team [...]
These 16 Va. companies received $10M PPP loans
The U.S. Small Business Administration on Tuesday released additional information about all approved borrowers from its $659 billion Paycheck Protection Program (PPP) small business relief program, this time including exact company names, loan amounts, addresses and other information. Previously, the government in early July had released an incomplete list of recipients, including only ranges of […][...]
