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Truist names three Virginia regional bank presidents
Truist Financial Corp., the Charlotte, North Carolina-based mega bank created in December following the merger of BB&T and SunTrust, announced Tuesday it has named 24 regional presidents, three of whom will oversee the Virginia market. “Our ability to leverage our unique community model with its decentralized, regional str[...]
Danville Community College hosts advanced fiber optic training
Danville Community College hosted a fusion splicing training and networking event on Dec. 9 and Dec. 10 with Amazon Web Services (AWS) and Sumitomo Electric Lightwave for approximately 30 people, Gov. Ralph Northam announced Tuesday. Fusion splicing is the joining of two optical fibers to create a continuous light path, carrying data to phones, internet […]
Oral arguments set for Virginia Credit Union, bank dispute
Oral arguments are set for Jan. 6 in a dispute between the Virginia Credit Union and seven small community banks and the Virginia Bankers Association (VBA) over the credit union’s offer to include the Medical Society of Virginia’s 10,000 members. A. Ann Berkebile, a senior hearing examiner at the State Corporation Commission, scheduled oral arguments […]
Unionized GMU workers report wage increase
More than 200 Sodexo food service workers at Fairfax-based George Mason University will see an average 12% wage increase as a result of the workers’ first ratified union contract with New York-based labor union Service Employees International Union, Local 32BJ, the union announced Monday. Under the agreement that expires June 2024 for food service workers […]
Virginia rises in national health rankings
United Health Foundation’s most recent America’s Health Rankings annual report ranks Virginia as one of the most improved states in health metrics, hospital alliance Virginia Hospital and Healthcare Association announced Monday. Virginia was one of three states that “made the largest improvements in the rankings since 2018.” Virginia improved in health outcomes and behaviors, according […][...]
Another Arlington economic development official leaves for Fairfax
Longtime Northern Virginia economic development professional Alex Iams has been selected as executive vice president of the Fairfax County Economic Development Authority (FCEDA), the agency’s president and CEO Victor Hoskins announced Monday. Iams was part of the team that worked under Hoskins at Arlington Economic Development to help secure Amazon.com Inc.’s HQ2 East Coast headquarters. […][...]
Owens & Minor names new board member
Mechanicsville-based Owens & Minor Inc. has named Michael C. Riordan, a former co-chief executive officer of Prisma Health, to its board of directors. Owens & Minor is a Fortune 500 medical distribution company with 17,000 employees in 90 countries. Riordan, 61, served as chief executive for the Greenville Health System from 2006 to 2016, when […]
Atlantic Union Bank donates building to Bowling Green
Richmond-based Atlantic Union Bank has donated a 480-square-foot building to the Town of Bowling Green, which will use it as the town’s new economic development office, the bank announced Monday. Atlantic Union Bank traces its origins back to the Caroline County Bank, which opened in Bowling Green in 1902 and later became know[...]
Virginia Bar Association insurance agency rebrands
The insurance agency unit of the Virginia Bar Association, formed in 2001, has been rebranded as Virginia Bar Association Insurance. Formerly known as Virginia Barristers Alliance Inc., the subsidiary provides insurance services and products to Virginia lawyers and offers employee benefit products. VBAI represents every health insurer providing coverage in Virginia. The VBA is the […]
Fredericksburg industrial park parcel sells for $3.8M
A nearly 11-acre parcel in Fredericksburg’s Battlefield Industrial Park has sold for $3.8 million to Fairfax County-based Andrew and Andrew RE Investment, Cushman & Wakefield | Thalhimer announced Thursday. Located at the intersection of Tyler Street and Central Road, the parcel consists of four mostly vacant office and industrial buildings comprising 75,000 square feet and three […][...]
Carvana opening $25M center in Chesterfield
Tempe, Arizona-based Carvana Co., an e-commerce platform for buying and selling used cars, will be investing $25 million to establish a vehicle inspection and reconditioning facility that will create an estimated 400 jobs in Chesterfield County, Gov. Ralph Northam announced Thursday. “Carvana is a fast-growing national company, and we are proud that it has chosen […]
Washington-area job growth stands out in IT survey
The Washington, D.C., metro area led the nation in open IT jobs over a 12-month period, according to an industry survey. The Washington region, which includes Northern Virginia, ranked No. 11 overall in CompTIA’s Tech Town Index 2019. The index identifies the 20 metro areas with populations of more than 250,000 where demand for tech […]
