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Sentara hires supply chain exec
Norfolk-based Sentara Healthcare announced Thursday it has hired Jennifer McPherren as its vice president of supply chain, effective March 15. She succeeds Doug Farley who retired in May 2020. McPherren serves as the vice president of supply chain management and procurement services with Northwestern Memorial Healthcare in Chica[...]
New Hampton Roads bank raises $20M
Integrity Bank for Business, a new bank forming in Virginia Beach, has received signed subscription agreements for stock purchases totaling $20.285 million, it announced Tuesday. By Jan. 15, Integrity had received subscription agreements of $19.935 million by the closing date of the first phase of its stock offering; additional agreements of $350,000 were pending on […]
Navy awards HII $175M contact
The U.S. Navy awarded Newport News-based Huntington Ingalls Industries (HII) a $174.9 million contract to maintain and repair elevator support units aboard the branch’s nuclear-powered aircraft carriers, the Department of Defense announced Friday. HII will perform work on units stationed across the United States and other deployed locations, according to the DOD. Work is expected […]
DroneUp names chief strategy officer
Virginia Beach-based DroneUp LLC announced Tuesday it has hired Carl Smit as its chief strategy officer. In his new role, he will advise CEO Tom Walker and DroneUp’s senior leadership team to set the strategic direction of the company and focus on growing its retail drone delivery offerings. He will also oversee corporate [...]
Commercial real estate lease roundup
Northern Virginia Foundation Building Materials LLC leased 25,259 square feet of industrial space at 14920-14970 Farm Creek Drive in Woodbridge. Virgil G. Nelson of Cushman & Wakefield | Thalhimer handled the lease negotiations on behalf of the tenant. Johnson Roofing Systems Inc. expanded and renewed its lease of 6,000 square feet of industrial space at […]
Huntington Ingalls biz names nuclear operations VP
Newport News-based Huntington Ingalls Industries (HII) announced Wednesday it has hired retired U.S. Navy Vice Adm. Thomas Moore as vice president of nuclear operations for its Nuclear and Environmental Services business group. Moore served 39 years in the U.S. Navy, retiring in August 2020 as the commander of Naval Sea Systems [...]
Virginia Space CEO, executive director to retire fall 2021
The Virginia Commercial Space Flight Authority (VCSFA) announced Tuesday that Dale K. Nash, Virginia Space’s CEO and executive director, will retire as early as fall 2021. Nash has led the organization since August 2012. His successor has yet to be named. “Dale has overseen the effective operation and incredible expansion of[...]
Va. Beach health care consultancy names CFO
Virginia Beach-based health care consulting company Divurgent announced Wednesday it has hired John Ward as chief financial officer. He succeeds Philip Felt, co-founder of Divurgent, who had served as CFO since the company’s 2007 inception. Felt will lead the board of directors’ finance committee. Ward most recently served a[...]
Industrial building in Norfolk sells for $5M
An industrial building in Norfolk sold for $5 million, Cushman & Wakefield | Thalhimer announced Thursday. The 86,732-square-foot building located at 3501 E. Princess Anne Road sits on 2.8 acres in Norfolk Industrial Park. The building is 33% leased to organic spices, herbs and botanicals manufacturer American Botanicals.�[...]
Dental office building in Suffolk sells for nearly $2.43M
A dental office building in Suffolk sold for nearly $2.43 million, Cushman & Wakefield | Thalhimer Capital Markets Group announced Wednesday. California-based investor Aspen Suffolk LLC purchased the 3,500-square-foot Aspen Dental property located at 1930 North Main Street from LWS Suffolk Station LLC, an affiliate of Atlant[...]
Sentara announces $10M community health investment
Norfolk-based Sentara Healthcare announced Thursday a $10 million investment to be split among grants to local universities as well as public health and health equity improvement initiatives. The Sentara Healthier Communities Fund will be disbursed during a two-year period among Sentara’s partner universities, including Old Dominion University and Norfolk State University; as well as Eastern […][...]
Va. Beach health care consultancy hires chief strategy officer
Virginia Beach-based health care consulting company Divurgent announced Wednesday it has hired Sam Hanna as its chief strategy officer and executive vice president of innovation and consulting . Hanna joins the firm with experience as an executive adviser to Alphabet Inc., Amazon.com Inc. and several medical device and artificia[...]
