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Trader Interactive hires new CFO
Norfolk-based Trader Interactive has named David McMinn its chief financial officer, the company announced Wednesday. The appointment of McMinn comes as Carsales.com Ltd. prepares to close its acquisition of Trader Interactive, an online marketplace for specialty vehicles, this month. Carsales.com Ltd. bought 49% of Trader Inter[...]
Hampton Roads Retail Alliance CEO to retire
Hampton Roads Retail Alliance President and CEO Raymond J. Mattes III will retire in February, the organization’s board of directors announced Tuesday. Mattes has served as president and CEO for a dozen years, after rising through the ranks from his start as a manager trainee in 1984. Under his leadership, the organization[...]
Fortis Solutions Group hires chief commercial officer
Virginia Beach-based packaging manufacturer Fortis Solutions Group LLC has named Steve Powers its chief commercial officer, the company announced Monday. Powers joins Fortis from HP Inc. and has been in the printing industry for 30 years, working on the manufacturing and supplier sides of the business. Most recently, he served a[...]
Sentara Healthcare announces leadership promotions
Norfolk-based Sentara Healthcare Inc. announced a slate of executive leadership promotions Friday, effective immediately. Melinda Hancock, Aubrey Layne and Tim Skeen have all been promoted to executive vice presidents. Hancock was senior corporate vice president and chief administrative officer, and will stay chief administration officer but also become an EVP overseeing internal audit, compliance, legal […][...]
Rudee Loop getting a fresh makeover
One of the East Coast’s most prime pieces of undeveloped real estate, Virginia Beach’s Rudee Loop, could soon find new life. In August, the city released four proposals that could turn the 11-acre site from what Vice Mayor Rosemary Wilson described as a concrete-strewn “mess” into a multiuse destination for surfers, angl[...]
Vantage point
Norfolk leaders have high hopes for redevelopment projects that will reposition older properties — from an aging mall to an underused marine terminal — to better match modern market demands. “We are always asking, ‘What can we do that allows for some sort of creative transformation to actually happen?’” says Sean Was[...]
Dollar Tree names new C-suite execs after shakeup in June
After a C-suite shakeup this summer, Chesapeake-based Fortune 500 discount retailer Dollar Tree Inc. is filling spots on its leadership team. This week, the company named a new chief operating officer and chief development officer. On Monday, Dollar Tree named Michael Creedon Jr. chief operating officer. Creedon had been with Ad[...]
Norfolk industrial property sells for $7.3M
A 60,900-square-foot industrial property in Norfolk has been sold for $7.3 million, Colliers announced Sept. 20. Miami-based Jewell Capital LLC acquired the Brookside Industrial building, 4840 Brookside Court, from Maryland-based Hemsman Properties. The property in Norfolk Industrial Park is leased to regional distribution hubs[...]
Hotel revenues continue to outpace 2019, but only slightly
The commonwealth’s hotel industry is continuing its recovery, though the Northern Virginia market continues to be a drag on its performance, according to data from STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. The latest data show rooms sold decreased by 4.6% in Virginia through August […]
A stitch in time: ODU, EVMS eye potential merger
At the end of 2020, Eastern Virginia Medical School firmly rejected a study recommending that the medical school merge to become part of Old Dominion University. But time passes, minds change, and sometimes there’s turnover at the top. In August 2021, Dr. Richard Homan, who’d led EVMS for nearly a decade, retired. By Decembe[...]
Riverside Health System to get new CEO in 2023
Newport News-based Riverside Health System will start 2023 with a transition to a new CEO, the health care system announced Wednesday. Bill Downey will step down after 40 years with Riverside, the past 12 years of which he served as CEO. Riverside’s president and chief operating officer, Dr. Michael Dacey, will take over a[...]
Chrysler Museum names communications director
Norfolk’s Chrysler Museum of Art has named Ashley Grove Mars as its new director of communications. Mars previously spent more than seven years working for the Virginia Zoo, including in marketing and as creative director. She worked as its communications director since March 2021, according to her LinkedIn account. Mars h[...]
