Sonny Merryman taps new president and CEO
Beginning Aug. 9, Caley Edgerly will take the wheel as president and CEO of Lynchburg bus dealer Sonny Merryman Inc., as current CEO Floyd Merryman III moves into his new role as executive chairman of the family business started by his father nearly 55 years ago. Edgerly previously served as president and CEO of North […]
The Hilb Group acquires Medicare-focused firm, six Va. companies
Henrico-County based insurance company The Hilb Group LLC finalized its acquisition of Health Quote of Rhode Island Inc. on July 1, it announced Tuesday. Financial terms of the transaction were not disclosed. Health Quote specializes in Medicare offerings, and its clientele will join THG’s Medicare practice. THG CEO Ricky Spiro said in a statement, “Our […]
Central Virginia BBB CEO announces retirement
Barry N. Moore, president and CEO of the Glen Allen-based Better Business Bureau Serving Central Virginia, has announced his retirement after four years heading the nonprofit organization that rates and accredits businesses based on their market practices and trustworthiness. Richard Johnstone, chairman of the BBB-CV Board of Di[...]
John Tyler Community College renamed Brightpoint
John Tyler Community College will become Brightpoint Community College after receiving unanimous approval from the Virginia Community College System state board in its Thursday meeting. On July 8, John Tyler Community College President Edward “Ted” Raspiller announced that he had recommended Brightpoint Community College as [...]
UnitedLex still faces $128M lawsuit from LeClairRyan trustee
UnitedLex’s motion to dismiss a $128 million lawsuit filed by LeClair Ryan PLLC trustee Lynn Tavenner was denied by a U.S. bankruptcy judge on Tuesday, according to The American Lawyer. In 2018, Richmond-based LeClairRyan struck a deal to outsource about 300 of its support workers through a partnership with enterprise legal se[...]
Kroger Co. names new president of mid-Atlantic division
The Kroger Co. has named Lori Raya as the president of its mid-Atlantic division, the grocery chain announced Tuesday. Raya was previously the chief merchandising and marketing officer for wholesale grocery distributor and retailer SpartanNash, which is headquartered in Michigan. From 2015 to 2018, Raya was division president fo[...]
Va. hotel revenues still lagging pre-pandemic levels
Virginia hotel revenues for June 2021 were down 22% compared with pre-pandemic levels in June 2019, according to newly released data from STR Inc., a CoStar Group division that provides market data on the U.S. hospitality industry. During the same period, rooms sold decreased by 14%. The average daily rate (ADR) paid for hotel rooms […]
ASGN buys Reston’s IndraSoft
Henrico County-based Fortune 1000 professional services company ASGN Inc. has acquired Reston-based software company IndraSoft Inc., it announced Friday. IndraSoft’s 220 consultants will join the Missions Solutions business unit at ECS, ASGN’s Fairfax-based federal contracting subsidiary. Acquired by ASGN in 2018, ECS delive[...]
Richmond snack company investing $16.5M in Henrico facility
Richmond-based specialty snack supplier Red River Foods Group Inc. will invest $16.5 million to establish a warehouse and processing facility in Henrico County, creating 60 jobs, Virginia Gov. Ralph Northam announced Monday. Virginia competed with Maryland, New Jersey and Pennsylvania for the project. The center will process tre[...]
Northam appoints members to newly created cannabis boards
Virginia Gov. Ralph Northam has appointed members to three newly created oversight boards for the legalization of recreational marijuana, his office announced today. On July 1, Virginia’s adult-use cannabis legislation changes began going into effect. This year, the General Assembly legalized possession of up to one ounce in p[...]
Henrico County retail center sells for $8.3M
Ice Zone Shops near downtown Short Pump in western Henrico County has sold for $8.32 million, Cushman & Wakefield | Thalhimer announced Thursday. Florida-based Advanced Properties Ltd. purchased the 62,657-square-foot building from Colony Lake LLC. Catharine Spangler, Connie Jordan Nielsen and Nicki Jassy handled the sale. T[...]
Centra names new president and CEO
Lynchburg-based health system Centra announced Friday that Amy F. Carrier will be its next president and CEO, effective Sept. 7. The Hampton Roads market president for the Bon Secours Mercy Health system, Carrier will replace interim CEO Richard Tugman, who will resume his post as president of the Piedmont Community Health Plan.[...]