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Va. Kaiser employees set to picket in Springfield
More than 75,000 Kaiser Permanente workers across the nation are threatening to strike beginning Wednesday morning if union leaders cannot come to an agreement on a new labor contract with the health care company, but Kaiser says it would only minimally impact “a few optometry departments and pharmacies in Virginia.” U[...]
McGuireWoods Consulting taps education team lead
Richmond-based McGuireWoods Consulting has named former Virginia Secretary of Education Laura Novey to lead its national education team, the firm announced Tuesday. Novey joined the consulting firm affiliated with the state’s largest law firm in 2017 as senior vice president, after serving as executive assistant to the p[...]
Chrysler Museum names chief philanthropy officer
Reneé Duval Fairchild is the Chrysler Museum of Art’s new chief philanthropy officer, the Norfolk museum announced Tuesday. Duval Fairchild will work with Erik H. Neil, the museum’s Macon and Joan Brock director and president, and with the museum’s development and membership teams. “Along with her significant experience[...]
Reid retiring as Dominion Energy Services president
Carter Reid, executive vice president, chief of staff and corporate secretary of Dominion Energy, as well as president of Dominion Energy Services, will retire Jan. 1, 2024, the Richmond-based utility announced Monday. Carlos Brown, Dominion’s senior vice president, chief legal officer and general counsel, will be promoted[...]
VSE calls off $100M sale of business to equity firm
Alexandria-based distribution and maintenance provider VSE Corp. has called off an agreement to sell off its federal and defense segment for up to $100 million to Louisiana-based private equity firm Bernhard Capital Partners. The deal was announced in May, and the companies said in a news release Wednesday that they mutually agreed to terminate the […]
Dominion Energy shareholders receive mini-tender offer
Dominion Energy is urging its shareholders to reject a “mini-tender” offer from TRC Capital Investment, the Richmond-based Fortune 500 utility announced Monday. Toronto-based investment firm TRC Capital offered to purchase up to 2 million shares of Dominion Energy’s common stock for $44 per share in cash, approximately 4.4[...]
Virginia Natural Gas names chief admin officer
Virginia Natural Gas has named Shannon Pierce as its vice president of strategy and chief administrative officer, the Virginia Beach-based utility announced Monday. Pierce, a native of Surry, most recently served as vice president of growth and chief external affairs officer at SouthStar Energy Services, a subsidiary of VNG̵[...]
Nasdaq triggers delisting process for Urban One
Nasdaq has begun the delisting process for Urban One, the Maryland-based media company behind the proposed casino in Richmond, because it has not filed quarterly finance reports for fiscal year 2023 on time. The stock exchange’s notification does not affect trading of Urban One or its presence on Nasdaq yet; according to a[...]
Bon Secours, Anthem reach agreement in $93M dispute
Bon Secours announced Friday it has reached an agreement with Anthem Blue Cross and Blue Shield in Virginia, which the health system sued in August, alleging the insurer owed Bon Secours $93 million in unpaid claims. Although details were not released due to confidentiality agreements between the two parties, Bon Secours said it will drop […]
Hampton industrial site sells for $2.3M
A vacant industrial site on 2.8 acres in Hampton has been sold for $2.3 million, Cushman & Wakefield | Thalhimer said. Moir Park Industrial III LLC purchased the site, which includes warehouses, from Armistead & Riprap for development. The property is located at 402 Rip Rap Road off Interstate 64. Robert L. Phillips Jr.,[...]
VTCSOM seeks to create neurosurgery department
Administrators at the Virginia Tech Carilion School of Medicine are working toward establishing a department of neurosurgery, a step up from its smaller program. The State Council of Higher Education for Virginia (SCHEV) received the school’s proposal for creating the new department in early August and could vote on it as soon[...]
Propelling forward
A massive building is rising on the northernmost point of Newport News Shipbuilding on the James River, physical evidence of the shipyard’s ambitious plan to build the Navy’s next generation of Virginia-class submarines as well as components for a dozen Columbia-class boats. Not as visible, but just as important as the new M[...]
