Capital Square hires VP of capital markets
Henrico County-based real estate investment company Capital Square announced Wednesday it has named Marc Slavny as executive vice president of capital markets and director of due diligence. He will be responsible for overseeing capital markets and fundraising, creating the firm’s due diligence team, as well as designing and im[...]
Virginia Bankers Association elects new board officers
The Virginia Bankers Association (VBA) announced Tuesday the newly elected officers for its 2020-21 board of directors: Chairman John C. Asbury and Chairman-Elect Leton L. Harding Jr. Asbury has been the president and CEO of Richmond-based Atlantic Union Bankshares Corp. since October 2016, and has served as CEO of its holding company since January 2017. […]
More small business relief funding on the way in Chesterfield
Chesterfield Economic Development and The Chesterfield Chamber announced Monday that the second round of a small business relief funding program will open on June 29. The $5 million Back in Business funding program provides grants up to $10,000 to businesses struggling during the pandemic. The Chesterfield County Board of Superv[...]
Richmond Ballet announces associate artistic director
The Richmond Ballet announced Monday that Ma Cong has been named as its associate artistic director. He will serve in an adjunct capacity for 18 months before joining full time in 2022, supporting Artistic Director Stoner Winslett, who has led the ballet company since 1980. “As I finish my 40th season at Richmond Ballet, I [&h[...]
Survey: Economic, cultural impact of virus concern Va. execs
A newly released survey finds that Virginia business and nonprofit leaders are concerned not only about the financial but the cultural impact of the COVID-19 pandemic. The Culture Conundrum survey, which polled 365 leaders across Central Virginia, Hampton Roads and Northern Virginia, was conducted from May 19-31 by Williamsburg-based marketing research firm Brand Planning LLC […]
Duke’s Mayo to be name sponsor of former Belk Bowl game
Duke’s Mayonnaise, owned by Richmond’s C.F. Sauer Co., will be the title sponsor of a regular-season college football game in September and a bowl game hosted in Charlotte, North Carolina, the company announced Thursday with the Charlotte Sports Foundation. Financial terms of the four-year contract were not disclosed[...]
Charlottesville Chamber to distribute reopening toolkits
The Charlottesville Regional Chamber of Commerce on Wednesday announced that its COVID-19 economic recovery initiative Project Rebound will distribute 500 reopening toolkits to local businesses starting Monday, June 22. The Project Rebound toolkits include branded items that communicate standards such as complying with occupancy[...]
Allianz Partners names new CEO
Henrico County-based travel insurance company Allianz Partners announced Wednesday that Elena Edwards has been promoted to CEO of the German company’s United States business unit. The company employs approximately 1,000 people in the Richmond region. She succeeds Michael J. Nelson, who left the company for another travel indus[...]
Divaris hires principal for Richmond office
Virginia Beach-based real estate company Divaris Real Estate Inc. announced Tuesday it has named Loretta L. Cataldi as principal and managing broker. In her new role, she will work in Divaris’ Richmond office leading office operations, leasing activities, recruiting, mentoring and company growth. Cataldi was most recently pa[...]
Richmond Folk Festival canceled this October
The Richmond Folk Festival, which often draws hundreds of thousands of music fans to the capital in the second weekend of October, will be canceled due to COVID-19 this fall, Venture Richmond announced Tuesday. Also canceled is Richmond’s 2nd Street Festival, another cultural food and music event held downtown the first we[...]
Calif. tech firm’s $12.4M Va. relocation will create 700 jobs
Calabasas, California-based tech and professional services company ASGN Inc. will invest $12.4 million to move its corporate headquarters and operations to Virginia, creating a total of 700 jobs, Gov. Ralph Northam announced Monday. “The creation of 700 new jobs is critical as we work to rebuild and strengthen our economy from the impacts of COVID-19,” […]
Virus cases spike among Latino population in Richmond area
The Richmond region has seen a dramatic increase in the number of COVID-19 cases among Latinos because of workplace spread, health officials reported Friday. Although Hispanics make up only 6.5% of the population in the city of Richmond, they represent 30% of all virus cases and 30% of hospitalized patients there, said Richmond [...]