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Sentara names senior VP, CIO
Norfolk-based Sentara Healthcare announced Monday it has named Tim Skeen as senior vice president and chief information officer, effective Nov. 9. Skeen most recently worked for Anthem Inc., where he was chief operating officer and had also served as enterprise chief information officer, He oversaw Anthem’s technology and [...]
Dominion proposes nine new solar projects
Richmond-based Dominion Energy Inc. proposed a new slate of projects on Monday that would bring nearly 500 megawatts of solar energy to Virginia customers, enough to power around 125,000 homes at peak output. The proposal, which the utility called “its largest slate yet of new solar projects” in a statement, was submitted fo[...]
Former Boy Scouts campground in Middlesex County sells for $3.5M
A former Boy Scouts of America campground in Middlesex County has sold for $3.5 million, Glen Allen-based commercial real estate company Commonwealth Commercial Partners LLC announced Wednesday. The 306-acre Bayport Scout Camp located at 623 Bayport Road was sold by Phoenix Property Holdings LLC to MHC RV LLC in a transaction th[...]
Va. Beach defense contractor wins $229.4M Navy contract
The U.S. Navy awarded Virginia Beach-based QED Systems Inc. a potential three-year, $229.4 million contract to help the branch develop specifications and implement an availability strategy for multiple naval ship classes, the U.S. Department of Defense announced Wednesday. QED Systems will perform support work referred to as “third party planning services” for the Navy’s guided-missile […][...]
The big dig commences
Crews broke ground Thursday on the $3.8 billion Hampton Roads Bridge-Tunnel (HRBT) expansion — the largest project in the Virginia Department of Transportation’s history and one of the largest infrastructure projects in the nation. Virginia Gov. Ralph Northam joined state and local leaders in a groundbreaking ceremony Thur[...]
Va., Md., N.C. governors sign offshore wind collaboration
The governors of Virginia, Maryland and North Carolina on Thursday announced a three-state collaboration to advance offshore wind projects — the Southeast and Mid-Atlantic Regional Transformative Partnership for Offshore Wind Energy Resources. SMART-POWER will work to promote the Southeast and mid-Atlantic regions as a hub for[...]
New Port of Virginia chief named
Stephen Edwards, a Los Angeles-based CEO with more than two decades of maritime industry experience, will be the Virginia Port Authority’s new CEO and executive director, the authority’s Board of Commissioners announced Wednesday. Edwards, who will start his new post Jan. 19, replaces retiring CEO and Executive Direc[...]
Growth mode
Large Business | Carla Stoner, CFO Harbor Group International LLC, Norfolk Carla Stoner doesn’t come from a typical CFO background of working strictly as an accountant or CPA, but she had the chops to grow Norfolk-based real estate investment and management firm Harbor Group International LLC (HGI) from $3.8 billion in assets [...]
Smooth sailing
Small business | Mark Baumgartner, CFO Pender & Coward PC, Norfolk It’s safe to say Mark Baumgartner knows the ins and outs of Virginia Beach-based law firm Pender & Coward PC, where he has served as chief financial officer since 2017. Prior to becoming the firm’s CFO, Baumgartner had 20 years of experience working a[...]
A whole new ball game in Va. Beach
Attention, athletic leagues: The $68 million, 285,000-square-foot Virginia Beach Sports Center is open for business. “We’re ready to get this party started,” says Nancy Helman, the city’s director of sports marketing, who celebrated the facility’s Oct. 1 debut with Mayor Bobby Dyer and other city officials. The caverno[...]
Home sales continue to surge in September
Virginia continues to see home sales surge, with a 35% increase during September, according to Virginia Realtors. Sales were up by a staggering 80% in Eastern Virginia when compared to last year. Northern Virginia saw a 37% increase, and Central Virginia saw a 24% jump. Although home sales historically slow following the summer season, the […]
Smithfield Foods CEO to retire
Smithfield Foods Inc., the world’s largest pork processor and hog producer, announced Monday that President and CEO Kenneth M. Sullivan will retire in early 2021 after nearly 20 years with the company. Chief Operating Officer Dennis Organ will succeed Sullivan as president and CEO following his retirement. Organ joined the c[...]
