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Averett University names new VP and CFO
Averett University announced Thursday that Don Aungst has become the university’s new vice president and chief financial and operating officer. He started at the Danville college this month. Aungst was most recently the CFO at Susquehanna University in Pennsylvania. He has more than 30 years of experience in higher educati[...]
Va. Beach-based DroneUp acquires AeroVista Innovations
Virginia Beach-based end-to-end drone pilot service company DroneUp LLC announced Thursday it has acquired Glenview, Illinois-based AeroVista Innovations LLC (AVI). The merged company will rebrand as The DroneUp Training Academy. DroneUp acquired AVI’s assets, employees and customer contracts. Financial terms of the transa[...]
Reston-based IT company names new CFO
Reston-based information technology company Contegix announced Thursday that it has named Mike Dunn as its new chief financial officer. Dunn was most recently the CFO of systems integrator and managed hosting provider NeoSystems LLC. He has also previously been CFO of Siteworx and Recovery Point Systems. In his new role, he will[...]
NOVA Educational Foundation receives $1M donation
The Northern Virginia Community College Educational Foundation (NOVA Foundation) announced Thursday it has received a $1 million donation from Debra Coffman Howe of Palm Beach, Florida. The funding will go to Howe’s existing endowment fund for NOVA nursing student scholarships and also to the NOVA COVID-19 Emergency Studen[...]
Genworth Financial acquisition delayed again
The long-delayed $2.7 billion acquisition of Henrico County-based Genworth Financial Inc. by China Oceanwide Holdings Group Co. Ltd. has been postponed again. The Virginia State Corporation Commission’s Bureau of Insurance reapproved the merger and the companies agreed to a 14th waiver and agreement to each party’s right to terminate the proposed agreement. The latest waiver […]
Va. ER physician spearheads intubation PPE production
Virginia College of Emergency Physicians President Dr. Scott Hickey turned to the owners of contracting companies in Powhatan — Michael Potter of Village Building Co. Inc. and David Dowdy of Interior 2000 — to produce boxes designed to protect emergency health care workers while they intubate patients with COVID-19. Designed[...]
Arlington tech company names COO
Arlington-based tech company Excella Consulting Inc. announced Tuesday it has named Sandy Gillespie as its chief operating officer. Gillespie was most recently COO and executive vice president for Reston-based NCI Information Systems Inc. since April 2018. In her new role at Excella, she will oversee client delivery and growth s[...]
Roanoke construction company promotes senior VP
Roanoke-based construction company Branch Builds announced Tuesday it has promoted Cathy Underwood to senior vice president and regional business unit leader. Underwood was most recently vice president at the company, and in her new role she will pursue new business opportunities and manage the Roanoke and Charlotte, North Carol[...]
Chesterfield County furloughs 500+ employees
Chesterfield County will furlough more than 500 part-time and full-time county employees starting April 4 until further notice, the county announced Tuesday in a released statement. Employees were notified last week of the furloughs. “Unfortunately, we find ourselves in unusual circumstances as the national, state and local economies continue to be negatively impacted by COVID-19 […]
Bon Secours Mercy Health furloughs 700 employees amid coronavirus
Bon Secours Mercy Health —which operates 11 hospitals in the Richmond and Hampton Roads regions — has furloughed 700 full-time employees across seven states and 12 markets, the health care system announced Tuesday. The health care system said in a released statement that the furloughs come as a result of fewer people seeking primary care, […]
FSA Federal awarded $1.3B DOJ contract
Ashburn-based government services company FSA Federal announced Tuesday it has won a U.S. Department of Justice contract potentially worth $1.3 billion . Under the contract, FSA Federal will continue to work on its DOJ Asset Forfeiture Administrative Support Services contract. Started in 2004 to support DOJ law enforcement contr[...]
Va. coal mines closing due to COVID-19 concerns
Five Virginia coal mines announced Monday they they shutting down operations to stop the spread of coronavirus, but continuing to fulfill weekly orders from current stockpiles. The Buchanan Mine No.1, which employs 543 workers in Southwest Virginia, has closed as of Monday, Department of Mines, Minerals and Energy spokesperson Tarah Kesterson says. The mine is […]
