Colonial Williamsburg appoints new CEO
Cliff Fleet is the former president and CEO of Philip Morris USA.
The Colonial Williamsburg Foundation has appointed Cliff Fleet, the former head of Philip Morris USA, as the organization’s ninth president and CEO. Fleet will start his new role on Jan. 1. Fleet, who served as president and CEO of the Henrico County-based cigarette manufacturer from 2013 to 2017, will succeed Mitchell Reiss, who led Colonial
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Fairfax County EDA CEO honored for collaborative leadership
Victor Hoskins received the award from the Metropolitan Washington Council of Governments.
Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority, received the Ronald Kirby Award for Collaborative Leadership this week from the Metropolitan Washington Council of Governments, the FCEDA announced Friday. The award recognizes non-elected government executives who work collaboratively with elected officials, stakeholders and their communities to shape a better region —
Appalachian Power awards $57,500 in economic development grants
The utility awarded grants to nine Virginia organizations.
Appalachian Power awarded a total of $57,500 to nine Virginia organizations through the energy company’s Economic Development Growth Enhancement (EDGE) program, the Southern Virginia Regional Alliance (SVRA) announced Friday. SVRA was awarded $16,500 for marketing materials and videos of the southern region and regional mega-sites. “We are thankful for the support that Appalachian Power provides
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Cigna names mid-Atlantic market medical executive
Dr. Vaishali Geib has worked 20 years in Virginia’s medical industry.
Cigna has named Dr. Vaishali Geib as medical executive for its mid-Atlantic market, which covers Virginia, the District of Columbia and Maryland, the global health services company announced Friday. In her new role, Geib will focus on physician and hospital system collaboration, network development, client growth and retention, quality improvement and total medical cost reduction.
Petersburg hotel operator files $28M claim in LeClairRyan bankruptcy case
Petersburg Regency LLC seeks relief in insurance dispute
Virginia hotel operator Petersburg Regency LLC filed a $28 million claim in the LeClairRyan bankruptcy case Thursday in Richmond, according to the federal court filing. Petersburg Regency is seeking relief from an automatic stay in LeClairRyan’s handling of an insurance dispute from 2003’s Hurricane Isabel. An automatic stay ensures equality of distribution by preventing one
Danville’s Telly Tucker will lead Arlington Economic Development
Tucker starts his new job on Jan. 13.
Telly Tucker, director of economic development in Danville, is leaving next month to lead Arlington County’s economic development department, the city of Danville announced Thursday. “It was a tremendous opportunity,” Tucker said Thursday in a phone interview. “My heart will always be in Danville for the opportunity they gave me. It’s bittersweet in a sense,
Suffolk EDA awards $15K grant to local cafe
State grant program encourages development in downtown districts.
The Suffolk Economic Development Authority has awarded a $15,000 state grant to Wall Street Cafe, which plans to open a new venture in the city. The two-story Wall Street Cafe building on Suffolk’s Washington Street will house a coffee shop on the first floor and a real estate and finance professional office on the second
General Dynamics awarded $118M Army contract
The Reston-based defense contractor will provide IT and cybersecurity support.
Reston-based General Dynamics Information Technology (GDIT) has been awarded a $118 million contract to provide mission support to the U.S. Army’s Department of Information Network, GDIT announced Thursday. GDIT will provide broad IT and cybersecurity support to Network Enterprise Technology Command, Army Cyber Command and Chief Information Officer/G-6 out of Fort Huachuca near Sierra Vista,
Breeden Construction tapped to build apartment complexes
Virginia Beach-based firm is general contractor for the projects, valued at $105 million.
Virginia Beach-based Breeden Construction LLC has been named general contractor for apartment complexes in Richmond, Hampton Roads and Northern Virginia valued at a total of approximately $105 million, Breeden announced this week. Construction began in fall 2019 on the Hampton Roads and Richmond properties and the Northern Virginia property will begin in early 2020. The
Genworth completes $1.8B sale of Canadian unit
The mortgage insurance deal is part of its effort in gain approval for China Oceanwide takeover.
Henrico County-based Genworth Financial Inc. has completed the sale of the majority stake in its Canadian mortgage insurance company. The sale of Genworth MI Canada Inc. to Brookfield Business Partners is part of Genworth’s effort to clear the way for its long-delayed takeover by China Oceanwide Holdings Group Co. Ltd. Brookfield paid $48.86 Canadian dollars (CAD)
Northam pitches $145M free community college program
Low- and middle-income students pursuing degrees in high-demand fields would be eligible.
Gov. Ralph Northam’s proposed budget will include $145 million to make community college tuition free for low- and middle-income students pursuing degrees in high-demand career fields, Northam announced Thursday. The Get Skilled, Get a Job, Give Back (G3) initiative will provide financial support to cover tuition, fees and books for eligible students at two-year public
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People
Greater Richmond Partnership hires new business development exec
Eric Miller formerly worked for Tennessee’s Greater Memphis Chamber.
Nottoway chairman elected president of the Virginia Association of Counties
Stephen W. Bowen was first elected to board of supervisors in 2008.
Harbor’s Edge hires new marketing VP
Norfolk retirement community set to double its size.
Virginia Aquarium names new chief operating officer
Caryl Thompson was formerly vice president of marketing for the aquarium.
Opinion
People to meet
Years ago, a newspaper publisher friend of mine shared a pretty simple strategy: “We try to put 1,000 names of local people and companies in the paper every week.” This is a seemingly simple, but profoundly effective idea that intentionally engages readers with content about their friends, neighbors and co-workers. It is a lesson that
A tale of two economies
Inside View: Nowhere are millennials needed more than in small-town America.
Should you spend money now or save?
Consider these three financial tips when considering purchases — especially in times of impending economic uncertainty.
Energy supply is essential to port success
The Atlantic Coast Pipeline is necessary to provide a reliable, affordable supply of natural gas to power the Port of Virginia and keep pace with projected growth.