Va. Tech receives two $1M endowment commitments
The Public Service Education Institute has endowed two $1 million funds at Virginia Tech to support internships, the university announced Tuesday. The endowments, each created with a $1 million commitment, will support students who have secured internships with federal, state or local government agencies, including the Virginia Cooperative Extension. One endowment will support students in […][...]
Ridge View Bank hires new SVP for New River Valley
Ridge View Bank has hired Todd Murray as senior vice president of commercial banking in the New River Valley, the Roanoke-based bank announced Wednesday. Murray will lead an expansion of bank’s commercial banking services in the New River Valley and will be responsible for loan and deposit production, collaborating with the ba[...]
Former Gentry Locke managing partner dies
G. Michael “Mike” Pace Jr., managing partner of Roanoke’s Gentry Locke law firm for several years and a former Virginia Bar Association president, died Jan. 8 after a long illness. He was 66. Pace, a Salem native, spent nearly his whole career at the Roanoke law firm, starting as a summer associate in 1983 and [&hellip[...]
Jim Price Auto Group sells last dealership
Charlottesville-based Jim Price Auto Group has sold its Chevrolet dealership — its final franchise — to Malloy Auto Group. Financial terms of the transaction were not disclosed. Price Chevrolet is located on more than 10 acres on Seminole Trail in Charlottesville, according to a Tuesday news release from auto dealer sell-side adviser Kerrigan Advisors, which […]
Ferguson acquires 3 companies
U.K. plumbing and heating products distributor Ferguson plc has agreed to acquire two North American companies and closed on a third acquisition, the company announced Tuesday. Ferguson plc is the parent company of Newport News-based plumbing, HVAC and industrial product distributor Ferguson Enterprises. Ferguson has agreed to acquire Toronto-based Yorkwest Plumbing Supply, a distributor of […][...]
Bon Secours VP named American Diabetes Association board chair
Rhodes B. Ritenour, Bon Secours’ Richmond market vice president for external and regulatory affairs, is the 2024 board chair of the American Diabetes Association, the Arlington County-based nonprofit announced Thursday. A former deputy state attorney general, Ritenour has lived with type 1 diabetes since age 5 and served as ch[...]
SAIC lands $375M Navy contract
Science Applications International Corp. has won a $375 million U.S Navy contract supporting the Naval Information Warfare Center Atlantic, the Reston-based Fortune 500 federal contractor announced Tuesday. Under the five-year contract, SAIC will provide Command, Control, Communications, Computers (C4) Intelligence, Surveillance and Reconnaissance (ISR) fielding and integration on land-based vehicle platforms in continental and overseas[...]
ODEC names two C-suite execs
Glen Allen-based Old Dominion Electric Cooperative has named Jack Robb as its chief legal officer and senior vice president, and Chris Cosby as chief operations officer, the not-for-profit cooperative announced Monday. Robb joined ODEC as deputy chief legal officer last year, but before that, spent a decade serving as outside co[...]
Northwestern Mutual names Richmond managing partner
Northwestern Mutual named Heather Zepeda as managing partner of its network office in Richmond on Monday. She will oversee the offices in Richmond, Charlottesville, the Shenandoah Valley, Virginia Beach and Williamsburg. Zepeda joined the financial security company in 2010 after a legal career. She worked as managing director of[...]
Groundworks hires CFO
Groundworks has hired Michael Mullican as its chief financial officer, the Virginia Beach-based foundation and water management solutions company announced Wednesday. Mullican will succeed Stephen Fry, who is retiring at the end of March. Mullican was previously president and CFO of sporting goods retailer Academy Sports + Outdo[...]
Amyx announces new COO
Amyx has appointed Rick Schult as its new chief operating officer, the Reston-based federal contractor announced Monday. Schult will manage more than 600 employees. He succeeds John Selman, who served as COO since 2021. Amyx announced Selman’s retirement on Thursday. Schult joins Amyx from QinetiQ US, where he was most recentl[...]
Marwaha adds Petersburg apartments to portfolio
Henrico County-based real estate investment and management company Marwaha Investments purchased a 34-unit apartment building across the street from its other properties in Petersburg and intends to rebrand it as part of Dunlop Street Lofts. The nearly 35,000-square-foot building, located at 310 N. Dunlop St., has apartments bet[...]