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Pharrell brings Mighty Dream to Norfolk
In November, Grammy-winning music superstar Pharrell Williams hosted the three-day Mighty Dream forum in Norfolk and broke some news about his Something in the Water music festival and the status of his team’s proposal to redevelop Norfolk’s Military Circle Mall site. Mighty Dream, a sequel to his 2021 Elephant in the Room b[...]
Smithfield Foods names new CFO
Mark Hall, Smithfield Foods Inc.’s executive vice president of finance, has been promoted to chief financial officer and will start in the role on Jan. 1, 2023, the nation’s largest pork product manufacturer and hog producer announced Tuesday. The company’s current CFO since 2015, Glen Nunziata, will leave Smithfield Foods at the end of this […]
Chesapeake Bank CFO appointed COO
Chesapeake Financial Shares Inc. has appointed its chief financial officer, Rebecca Andrick “Becky” Foster, to the additional post of chief operating officer, the Kilmarnock-based parent company of Chesapeake Bank and Chesapeake Wealth Management announced Monday. Foster, who has has been with the company for 27 year[...]
Chesapeake Walmart shooting raises workplace violence concerns
UPDATED NOV. 27 Late Tuesday, a Chesapeake Walmart manager shot and killed six people, wounded at least six more and then killed himself, police said. According to police and media reports, all six of those slain were Walmart employees and two were killed in the break room. On Wednesday, Walmart’s corporate office released[...]
TowneBank president and COO retiring
TowneBank President and Chief Operating Officer Brad E. Schwartz will retire on Dec. 31, the Suffolk-based bank announced Wednesday. Schwartz will also step down as a director when his current term expires at the 2023 annual shareholder meeting. He will serve as a senior adviser through 2025 to assist with the transition. “Our[...]
Rivers Casino Portsmouth plans Jan. 15 opening
Rivers Casino Portsmouth will open to the public Jan. 15 at 3 p.m., according to an announcement Monday. The $340 million venue, part of a planned entertainment district along Victory Boulevard off Interstate 264, will feature 1,448 slot machines, 57 table games and 24 poker tables as well as 10 bars and restaurants and an even[...]
757 Angels to join VentureSouth network
757 Angels, a Hampton Roads angel investment group that matches venture capitalists with local entrepreneurs, is partnering with VentureSouth, one of the largest angel network groups in the United States, the group announced Friday. The partnership, effective June 2023, will provide more access to capital and investors to 757 An[...]
Dollar Tree adds four more execs
Chesapeake-based Fortune 500 discount retailer Dollar Tree Inc. has named four additional executives, the company announced Thursday. These hires are the latest leadership changes after a C-suite shakeup over the summer. Jennifer Bohaty will join as chief compliance officer, Terence Goods will be chief diversity officer, Jennife[...]
ARDX to invest $2.4M to relocate, expand in Norfolk
Health care management and IT consulting firm ARDX will invest $2.4 million to relocate and expand within Norfolk, a project expected to create at least 15 jobs, Gov. Glenn Youngkin announced Thursday. ARDX will move from Lake Wright Drive to 500 W. 21st St. to hire more staff and establish a division of health equity […]
CMA CGM America’s Ed Aldridge to retire
Ed Aldridge, president of CMA CGM America and American President Lines LLC, will retire on Dec. 6, and Peter Levesque, who was previously Ports America Group’s president, will take over those roles, the French container ship company announced Wednesday. Aldridge took over as president of CMA CGM America in 2020 and has bee[...]
Lottery Board approves license for Portsmouth casino
The Virginia Lottery Board unanimously approved the casino facility operator’s license for the Rivers Casino Portsmouth Wednesday. It was the second casino operator’s license issued in the state; the first was awarded in April to Bristol’s Hard Rock Hotel and Casino, which opened a temporary casino in July. Two[...]
Carnival to double trips from Norfolk, proposes year-round cruising
Carnival Cruise Line announced Monday it will more than double the number of cruises it offers from Norfolk in 2023 and is working toward year-round cruising from Norfolk in 2025. Stephen Kirkland, executive director of Nauticus, shared the news from Norfolk’s cruise terminal that overlooks the harbor where ships dock, adj[...]
