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Northam proposes $1.2B investment in K-12 education
Gov. Ralph Northam’s proposed budget includes a $1.2 billion investment in K-12 education, he announced Monday. The budget includes the largest increase for at-risk schools in Virginia history, Northam said. It would also raise teacher salaries by 3%, fund additional school counselors and new staff supports for English language learners and makes flexible funds available […]
Colliers International names three new principals
Norfolk-based Colliers International Group Inc. has named three new principals in the firm, the company announced Monday. Donald Crigger, executive vice president, and George “Hank” Hankins, senior vice president, and Charles Wentworth, senior vice president, are now part owners of the commercial real estate firm. Crigger an[...]
Hampton Roads Realtor receives lifetime achievement award
The Hampton Roads Realtors Association presented Berkshire Hathaway HomeServices Towne Realty Chairman and CEO Barbara Wolcott with its 2019 HRRA Lifetime Achievement Award, the company announced Monday. The award is given to tenured HRRA association members who have made a recognizable and identifiable difference in multiple fa[...]
Fairfax County EDA CEO honored for collaborative leadership
Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority, received the Ronald Kirby Award for Collaborative Leadership this week from the Metropolitan Washington Council of Governments, the FCEDA announced Friday. The award recognizes non-elected government executives who work collaboratively with e[...]
Colonial Williamsburg appoints new CEO
The Colonial Williamsburg Foundation has appointed Cliff Fleet, the former head of Philip Morris USA, as the organization’s ninth president and CEO. Fleet will start his new role on Jan. 1. Fleet, who served as president and CEO of the Henrico County-based cigarette manufacturer from 2013 to 2017, will succeed Mitchell R[...]
Appalachian Power awards $57,500 in economic development grants
Appalachian Power awarded a total of $57,500 to nine Virginia organizations through the energy company’s Economic Development Growth Enhancement (EDGE) program, the Southern Virginia Regional Alliance (SVRA) announced Friday. SVRA was awarded $16,500 for marketing materials and videos of the southern region and regional mega-sites. “We are thankful for the support that Appalachian Power provides […][...]
Cigna names mid-Atlantic market medical executive
Cigna has named Dr. Vaishali Geib as medical executive for its mid-Atlantic market, which covers Virginia, the District of Columbia and Maryland, the global health services company announced Friday. In her new role, Geib will focus on physician and hospital system collaboration, network development, client growth and retention, [...]
Petersburg hotel operator files $28M claim in LeClairRyan bankruptcy case
Virginia hotel operator Petersburg Regency LLC filed a $28 million claim in the LeClairRyan bankruptcy case Thursday in Richmond, according to the federal court filing. Petersburg Regency is seeking relief from an automatic stay in LeClairRyan’s handling of an insurance dispute from 2003’s Hurricane Isabel. An automatic stay ensures equality of distribution by preventing one […]
Danville’s Telly Tucker will lead Arlington Economic Development
Telly Tucker, director of economic development in Danville, is leaving next month to lead Arlington County’s economic development department, the city of Danville announced Thursday. “It was a tremendous opportunity,” Tucker said Thursday in a phone interview. “My heart will always be in Danville for the opportunity they[...]
General Dynamics awarded $118M Army contract
Reston-based General Dynamics Information Technology (GDIT) has been awarded a $118 million contract to provide mission support to the U.S. Army’s Department of Information Network, GDIT announced Thursday. GDIT will provide broad IT and cybersecurity support to Network Enterprise Technology Command, Army Cyber Command and Chief Information Officer/G-6 out of Fort Huachuca near Sierra Vista, […][...]
Breeden Construction tapped to build apartment complexes
Virginia Beach-based Breeden Construction LLC has been named general contractor for apartment complexes in Richmond, Hampton Roads and Northern Virginia valued at a total of approximately $105 million, Breeden announced this week. Construction began in fall 2019 on the Hampton Roads and Richmond properties and the Northern Virginia property will begin in early 2020. The […]
Genworth completes $1.8B sale of Canadian unit
Henrico County-based Genworth Financial Inc. has completed the sale of the majority stake in its Canadian mortgage insurance company. The sale of Genworth MI Canada Inc. to Brookfield Business Partners is part of Genworth’s effort to clear the way for its long-delayed takeover by China Oceanwide Holdings Group Co. Ltd. Brookfield paid $48.86 Canadian dollars (CAD) […]
