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Blue Ridge, Bay Banks announce merger
Charlottesville-based Blue Ridge Bankshares Inc., the parent holding company of Blue Ridge Bank, announced Thursday it will merge with Richmond-based Bay Banks of Virginia Inc., parent holding company of Virginia Commonwealth Bank, in an all-stock transaction to create a bank with pro forma total market capitalization of nearly $200 million. Under the terms of the […]
UR hires president, CIO of endowment management company
William H. McLean has been named president and chief investment officer of Spider Management Co., which oversees the University of Richmond’s approximately $2.5 billion endowment, the university announced Tuesday. He will start his five-year appointment Jan. 1, 2021. Rob Blandford, the current president and CIO, will serve[...]
Liberty University chair Jerry Prevo appointed acting president
The executive committee of Liberty University’s board of trustees has appointed its chairman as acting president while Jerry Falwell Jr. takes an indefinite leave of absence, which took effect Friday. Jerry Prevo, a retired evangelical pastor from Anchorage, Alaska, has been on the university’s board since 1996 and c[...]
Richmond mayor proposes $500K for businesses affected by protests
Richmond Mayor Levar M. Stoney is proposing that City Council adopt a $500,000 Business Recovery Grant Program to compensate for damages to businesses from recent protests. Through the program, eligible businesses can be awarded a one-time grant of up to $10,000 to cover costs from damage that happened as the result of recent demonstrations within […]
Henrico company names president, association management services
Henrico County-based association management company Eisenman & Associates Inc. announced Friday it has hired Terry Monroe as president of association management services, effective Aug. 17. Monroe was most recently the director of membership and marketing for the Chantilly-based International Association of Fire Chiefs. In h[...]
Falwell agrees to immediate indefinite leave of absence from Liberty
UPDATE: Board of Trustees Chairman Jerry Prevo has been appointed acting president during Falwell’s absence. Liberty University President and Chancellor Jerry Falwell Jr. has agreed to immediately take an indefinite leave of absence from both leadership roles at the private Christian institution in Lynchburg, at the reque[...]
Virginia State Senate will return to Science Museum for Aug. session
A staff member for Virginia Senate Majority Leader Richard “Dick” Saslaw confirmed Friday that the Senate will meet at the Science Museum of Virginia for its special session Aug. 18. In April, for their veto session, senators gathered in a large room at the Richmond museum instead of their usual quarters to avoid spread of […]
Richmond nonprofit wins $2.99M National Science Foundation grant
The National Science Foundation (NSF) has awarded Richmond-based nonprofit CodeVA a four-year, $2.99 million project award to develop a computer science program for teaching history to underserved communities in Virginia. This is CodeVA’s first federal grant award. CodeVA was awarded the Discovery Research PreK-12 (DRK-12) program grant for its proposal “Reaching Across the Hallway: An […][...]
Delegates to meet at Richmond’s Siegel Center
Update, Aug. 7: The Virginia State Senate will return to the Science Museum of Virginia, a staffer in Senate Majority Leader Richard “Dick” Saslaw’s office confirmed Friday. Earlier: Leaving the big tent behind, the Virginia House of Delegates will meet at the Stuart C. Siegel Center at Virginia Commonwealth University at its Aug. 18 special session, […]
For first time ever, Kings Dominion will close for entire year
Kings Dominion won’t open this year due to challenges surrounding the COVID-19 pandemic, the theme park in Doswell announced Tuesday. The park, which first opened in in 1975 has never before closed for an entire season, Kings Dominion communications manager Maggie Sellers confirmed Tuesday. “We are disappointed that we a[...]
Hampden-Sydney College receives $6M gift
Hampden-Sydney College has received its second-largest gift in its 245-year history — a $6 million gift from Rob (an alum) and Cindy Citrone to support the college’s experiential learning program Compass. “Rob and Cindy have long been devoted champions of the college’s mission and our efforts to strengthen the experience we offer young men,” President […]
Kroger Mid-Atlantic division office to move to Henrico
Kroger Mid-Atlantic announced Tuesday it plans to relocate its division office from Roanoke to Glen Allen by the end of this year, citing population growth in the Richmond and Hampton Roads regions. “The move will establish division operations in a location that is better equipped and positioned to serve and support all markets throughout Kroger […]
