BWXT names chief digital officer, SVP
Lynchburg-based Fortune 1000 federal contractor BWX Technologies Inc. has named Omar Meguid senior vice president and chief digital officer, the company announced Tuesday. Meguid’s position was effective Jan. 1. He is responsible for BWXT’s digital platform supporting business operations in the United States, Canada and [...]
U.Va. leads Pentagon hypersonic project
Like a “Top Gun” fighter pilot, Christopher Goyne feels the need for speed. Goyne directs the University of Virginia’s Aerospace Research Laboratory and leads a new team developing hypersonic engines that will enable more maneuverable missiles, jets and — eventually — spacecraft via a $4.5 million Department of Defense[...]
Richmond receives 5 proposals for City Center project
Five groups of developers sent in proposals to redevelop Richmond’s newly rebranded City Center Innovation District, a 9.4-acre downtown area that includes the closed Richmond Coliseum, the Richmond Economic Development Authority and the Greater Richmond Convention Center Authority announced Wednesday. An evaluation panel [...]
Hilb Group acquires Ga. insurance agency
Henrico County-based insurance company The Hilb Group LLC announced Tuesday it had acquired Georgia-based Gillman Insurance Problem Solvers. Financial terms of the acquisition, which became effective Dec. 1, were not disclosed. “Joining The Hilb Group allows us to build further upon our long-standing, dedicated focus on ou[...]
Martin Agency names first chief revenue officer
The Martin Agency has named Tasha Dean its first chief revenue officer, the Richmond-based national advertising agency announced Wednesday. Dean, who has previously led integrated production at the agency, will be responsible for growing revenue, implementing strategies for organizational design, finding new marketing offerings,[...]
Independent colleges council taps former state delegate as leader
Former Virginia Del. Christopher K. Peace will be the next president of the Council of Independent Colleges in Virginia Inc. (CICV) after the 2023 regular General Assembly session concludes. “[Chris] is far more than a lobbyist and attorney — he is a strategist with a great grasp of the issues. He carries a reputation as [&h[...]
Virginia MetalFab to invest $9M, expand in Appomattox
Virginia MetalFab, a provider of metal manufacturing and fabrication services, will invest $9 million to expand to a larger facility in Appomattox, with plans to create 130 jobs during the next three years, Gov. Glenn Youngkin announced Friday. The company will lease the former Thomasville Furniture plant, occupying 250,000 square feet to meet increased demand […]
HCA taps new CEO for Chippenham, Johnston-Willis hospitals
Lance Jones will be the new CEO of Richmond’s Chippenham and Johnston-Willis hospitals, HCA Virginia announced this week. Jones previously served as market president for HCA Healthcare Inc.’s LewisGale Regional Health System from 2018 until earlier this year, when he left to join the private equity industry. Before J[...]
Arko closes Pride convenience stores deal
Arko Corp., a Fortune 500 holding company for Henrico County-based convenience store chain GPM Investments LLC, has closed on its acquisition of Pride Convenience Holdings LLC, which operates 30 Pride convenience stores in Massachusetts and one in Connecticut. The deal was first announced in October. The $230 million acquisition[...]
BWXT begins production of fuel for 1st U.S. microreactor
Lynchburg-based BWX Technologies Inc. has begun producing the nuclear fuel that will power the first microreactor built and operated in the United States, the company announced Wednesday. BWXT will manufacture a nuclear core for Project Pele under a $37 million award from the Idaho National Laboratory, as well as tristructural[...]
Arko to buy Uncle’s convenience stores for $140M
Arko Corp., a Fortune 500 holding company for Henrico County-based convenience store chain GPM Investments LLC, announced Wednesday it has agreed to acquire the retail, wholesale and fleet fueling assets of Texas-based WTG Fuels Holdings LLC, the owner of Uncle’s convenience stores and Gascard fleet fueling operations. The[...]
U.Va. credit union names new COO
The University of Virginia Community Credit Union in Charlottesville has named Belinda Tucker as chief operating officer, the institution announced Monday. Tucker will report directly to Susan Gruber, the credit union’s president and CEO. In her new role, Tucker will support the credit union’s marketing, retail deliv[...]