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Central Virginia

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May 17, 2022

UVA Community Credit Union has new president, CEO

UVA Community Credit Union has named Susan M. Gruber as its next president and CEO. Gruber previously served as executive vice president and chief financial officer of Dublin, California-based Patelco Credit Union since 2014, according to a news release. She has also worked as CFO and senior vice president at Jeanne D’Arc[...]

May 12, 2022

Owens & Minor receives $1.1B DOD contract

Mechanicsville-based Fortune 500 global health care logistics firm Owens & Minor Inc. has received a $1.125 billion contract modification to provide medical surgical supplies to the military and federal civilian agencies, the Department of Defense announced Wednesday. The award is for a second 30-month option period of a contract with three 30-month possible periods for […]

Virginia ABC headquarters. Courtesy Virginia Alcoholic Beverage Control Authority
May 12, 2022

Va. ABC telework plan diverges from Youngkin mandate

Employees at the Virginia Alcohol Beverage Control Authority’s Mechanicsville headquarters will be returning to in-person work three days a week, not the four or five days a week that will be required of many state workers beginning July 5, following Gov. Glenn Youngkin’s telework order earlier this month. Virginia A[...]

UVA Health, Focused Ultrasound launch $8M center
May 11, 2022

UVA Health, Focused Ultrasound launch $8M center

University of Virginia Health and Charlottesville-based Focused Ultrasound Foundation invested $8 million into launching the Focused Ultrasound Cancer Immunotherapy Center, the health system announced Wednesday. “We are excited to announce this powerful multidisciplinary and interdepartmental collaboration effort with the Focu[...]

Richmond marketing Diamond property for redevelopment
May 10, 2022

Richmond names 3 Diamond District finalists

City of Richmond officials announced Tuesday that three development teams have continued to the finals for the Diamond District, which includes replacing the baseball stadium and revitalizing the area near the Scott’s Addition neighborhood. The announcement also gives more details than previously available about the plans [...]

Lynchburg-based BWXT elects new chair
May 9, 2022

Lynchburg-based BWXT elects new chair

Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. announced May 3 that Jan A. Bertsch assumed the role of chair of the board of directors. Bertsch succeeded retiring chairman John A. Fees. “We are extremely fortunate to have someone of Jan’s caliber assume this important leadership position for o[...]

Two Richmond properties change hands
May 9, 2022

Two Richmond properties change hands

Two properties in Richmond — an office building in Scott’s Addition and an apartment building in The Fan — have been sold, brokerage firm Marcus & Millichap announced Wednesday. An 11,130-square-foot building in Scott’s Addition at 3412 W. Leigh St. has sold for $1.8 million, according to Marcus & Millich[...]

May 5, 2022

Henrico townhouse complex sells for $18.5M

The Townhomes of Oakley, a 160-unit multifamily property in eastern Henrico County, has sold for $18.5 million, Cushman & Wakefield announced Thursday. Located at 4633 Needham Court near the Richmond International Airport, the property is 99% leased and has eight one-bedroom units, 112 two-bedroom units, 36 three-bedroom units and four four-bedroom units, all of which […]

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May 4, 2022

Markel Corp. names new CIO

Glen Allen-based Fortune 500 insurance and investment firm Markel Corp. has named Morris Taylor as its chief information officer for the company’s insurance operations. Taylor joined Markel in 2018 and served as its head of global technology. He previously spent two decades at Capital One working in a variety technology le[...]

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May 4, 2022

U.Va. Medical Center, UVA Health hire new execs

University of Virginia Medical Center has appointed Min Y. Lee as its next chief operations officer. Lee, who is vice president of operations at Reading Hospital in Reading, Pennsylvania, will oversee the Charlottesville-based medical center’s day-to-day operations. Her first day will be June 27, according to a news releas[...]

CoStar Group buys former SunTrust building in Richmond
May 3, 2022

CoStar Group buys former SunTrust building in Richmond

CoStar Group Inc. has expanded its Richmond footprint with the $20 million purchase of the former SunTrust office building on the James River. The five-story, 117,448-square-foot building at 901 Semmes Ave. will be occupied by at least 400 employees, however the company has not determined which teams will occupy the space yet, a[...]

University of Virginia Darden School of Business Photo by Sam Levitan
May 3, 2022

U.Va. hits $4B in capital campaign

The University of Virginia has hit its $4 billion benchmark in its $5 billion Honor the Future capital campaign three years ahead of its deadline, the university announced this week. U.Va. has brought in significant individual donations during the fundraising campaign, including a record-breaking $120 million gift from alumni Ja[...]

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