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Fed’s Barkin asks, ‘What’s ‘normal’ anymore?’
The question Tom Barkin is asked the most these days is when the economy will return to normal. The president and CEO of the Federal Reserve Bank of Richmond has a caution for those who may be wishing for the perceived stability of the pre-pandemic economy. “After two-and-a-half years of instability, we’re all ready [...]
UVA Community Health taps interim leader as permanent CEO
Erik Shannon, who has served as interim CEO of UVA Community Health since October 2021, will continue in the role permanently, the health system announced Tuesday. Shannon’s new status is effective immediately. UVA Community Health, formerly Novant Health UVA Health System, has three community hospitals and a network of pr[...]
Arlington hires new economic development director
Arlington Economic Development’s new director is Ryan Touhill, Arlington County Manager Mark Schwartz announced Monday. Touhill will assume the role on Nov. 28. He succeeds Shannon Flanagan-Watson, who has been serving as interim director since Telly Tucker announced he was leaving to return to Danville, where he became presid[...]
LookingGlass appoints former CIA officer to advisory board
Reston-based cybersecurity contractor LookingGlass Cyber Solutions Inc. announced Monday that it appointed former CIA officer William T. “Terry” Burruss to its advisory board. Burruss is a retired senior intelligence service officer and was most recently deputy chief of the Center for Cyber Intelligence in the CIA’s Direct[...]
Commonwealth Lodging hires corporate HR director
Virginia Beach-based Commonwealth Lodging Management has hired Claire Larkin as corporate director of human resources, the hospitality management and consulting firm announced Thursday. “Claire enjoys building strong relationships with clients and co-workers, often serving as a mentor and coach to help people grow in their car[...]
Dominion Energy promotes exec to CFO
Richmond-based Dominion Energy Inc. has promoted Steven D. Ridge to chief financial officer and senior vice president, replacing James R. Chapman, who will leave the company, the Fortune 500 utility announced Friday. Currently vice president of investor relations, Ridge will start his new role later this month and will be responsible for corporate and financial […]
Report: Bezos, Jay-Z could buy Washington Commanders
Could Beyoncé become a regular presence at Washington Commanders games? It’s within the realm of possibility. According to The Washington Post, Amazon.com Inc. founder and Executive Chairman Jeff Bezos and billionaire rapper Jay-Z (Beyoncé’s husband) may team up to buy the Ashburn-based NFL team, currently owned by[...]
Richmond seeks developers for Coliseum property
Two Richmond city authorities issued a request for interest Thursday to redevelop the area surrounding the Richmond Coliseum into a hotel-anchored mixed-use development, the City Center Innovation District. Owned by Richmond’s economic development authority, the 9.4-acre property includes the shuttered Coliseum and other s[...]
ODU announces $500M capital campaign
Old Dominion University on Thursday announced the formal launch of a five-year, $500 million campaign to raise money for scholarships, research, campus improvements and faculty recruitment, with the university saying it’s already more than halfway to meeting its fundraising goal. ODU President Brian O. Hemphill announced t[...]
Innovation was at center of Mighty Dream Day 3
On the third and final day of Pharrell Williams’ Mighty Dream Forum in Norfolk, the theme was innovation. The first day‘s focus was diversity and equity, while Wednesday was largely dedicated to inspiring entrepreneurs to find and create opportunities. Panelists throughout the day Thursday encouraged attendees to innovat[...]
Cadmus Group acquires Fairfax contractor
Massachusetts-based consultancy The Cadmus Group LLC announced Wednesday it has acquired Wheelhouse Group, a Fairfax-based business and technology consultancy and federal contractor. Financial details of the transaction were not disclosed. Founded in 2003, Wheelhouse provides organizational change management, stakeholder engagement and communications, workforce transformation and enterprise optimization services. The company employs alm[...]
Thalhimer buys Diamond District properties for $4.6M
TRP Hermitage LLC, an entity connected to Richmond-based Thalhimer Realty Partners Inc., has purchased two industrial properties near The Diamond baseball stadium in Richmond for $4.6 million, S.L. Nusbaum Realty Co. announced Thursday. It was an off-market deal, according to Thalhimer. The plots — 0.735 acres at 1701 Rhoadmil[...]
