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Diversity Leadership Series: Dr. Xiong Chang and Joseph Toe
Brought to you by Virginia Business and Bank of America, join us every other month for the Diversity Leadership Series — virtual fireside chats with a diverse group of Virginia business leaders sharing their insights and thoughts on leadership, their career paths, and diversity and equity. Our December 2021 discussion features Dr. Xiong Chang, […]
For 2nd year in row, Martin Agency is Adweek U.S. agency of the year
Richmond advertising firm The Martin Agency has been named Adweek’s U.S. agency of the year for the second time in a row, the publication announced Sunday night. It is only the third agency to achieve consecutive wins, according to Adweek. Among the reasons for Martin’s 2021 win are its work for new accounts Terminix[...]
Appian CFO to retire in 2022
Mark Lynch, Appian Corp.’s chief financial officer, will retire effective March 31, 2022, the McLean-based cloud computing company announced Friday. Appian will fill the position through an executive search process. Mark Matheos, the company’s senior vice president and global controller, will be promoted to chief acc[...]
The Carlyle Group to acquire CNSI
Washington, D.C.-based private equity firm The Carlyle Group announced Thursday that affiliated funds under its management have agreed to acquire McLean-based health information technology provider CNSI. Financial terms of the transaction, which is expected to close in December, were not disclosed. Greenwich, Connecticut-based firm Alvarez & Marsal Capital Partners currently owns CNSI. “We believe CNSI […][...]
$31.5M Winchester turkey plant to create 111 jobs
Minnesota-based TFC Poultry LLC will invest $31.5 million to establish its second U.S. production facility in Winchester, a project expected to create 111 jobs, Gov. Ralph Northam announced Thursday. “Virginia’s strong agriculture sector continues to play a critical role in the success of our booming economy,” Northam sai[...]
Peraton to move HQ from Herndon to Reston
Federal contractor Peraton Inc. is moving its headquarters from Herndon to Reston, the company announced Thursday. Peraton has signed a lease at 1875 Explorer St. in Reston Town Center. It expects to begin operating in the new headquarters by September 2022, after the completion of initial construction phases. In 2021, Peraton c[...]
Cushman & Wakefield | Thalhimer name SVP, commercial property services
Amy Marsden has joined the Cushman & Wakefield | Thalhimer Richmond office as senior vice president of commercial property services, the real estate firm announced Wednesday. The firm’s Commercial Property Services sector manages more than 30 million square feet. Marsden was most recently a senior area director with The RM[...]
MicroStrategy buys $414M more bitcoin in Q4
MicroStrategy Inc. bought $414.4 million worth of bitcoin — about 7,002 units — from Oct. 1 to Nov. 29, the Tysons-based business software company reported to the U.S. Securities and Exchange Commission on Monday. The company now holds about 121,044 bitcoins, for which it paid $3.57 billion total. The average purchase price [...]
Super-regional shopping center in Richmond sells for $18.25M
The Eastgate Town Center in Richmond sold for more than $18.25 million, Colliers Capital Markets announced Wednesday. Located at 4905-4995 Nine Mile Road, the 117,773-square-foot super-regional shopping center is shadow anchored by a Walmart Supercenter and was 97% occupied at the time of sale. Its tenants include Conn’s Inc.,[...]
Altria can’t sell IQOS device in U.S. after ITC ruling stands
Henrico County-based Altria Group Inc. and former subsidiary New York-based Philip Morris International Inc. can no longer sell the IQOS tobacco heating device in the U.S. after the Biden administration’s 60-day administrative review process concluded Monday. On Sept. 29, the U.S. International Trade Commission determined th[...]
Henrico engineering firm acquires second Hampton Roads firm
Henrico County-based regional engineering firm Koontz Bryant Johnson Williams Inc. (KBJW) purchased Virginia Beach-based civil engineering firm Blakeway Corp., it announced Tuesday. Financial details of the transaction were not disclosed. The Blakeway acquisition is the firm’s second in six months, following its June purchase of Chesapeake-based Horton & Dodd PC. “Blakeway is a natural fit, […][...]
3Pillar Global promotes COO, chief people officer
Fairfax-based product lifecycle management company 3Pillar Global Inc. announced two promotions Tuesday: David Sawatzky to chief operating officer and Jamie Whitacre to chief people officer. Sawatzky was previously the company’s chief delivery officer. Whitacre served as the senior vice president of talent. “Dave and Jamie a[...]
