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TowneBank to acquire Farmers Bank
Deal valued at about $56M
Suffolk-based TowneBank has agreed to acquire Windsor-headquartered Farmers Bankshares Inc., the parent company of Farmers Bank, the two companies announced Thursday. The deal is expected to close early next year.
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PRA Group promotes exec to chief HR officer
LaTisha Tarrant starts new role Aug. 15
Published
Norfolk-based international debt acquisition company PRA Group Inc. has promoted executive LaTisha Tarrant to chief human resources officer. Tarrant will start her new role Aug. 15. She currently serves as
Lumos plans Hampton Roads fiber internet expansion
$83M investment to serve 85,000 residents, businesses
Published
Lumos announced last week an $83 million ultra-high-speed fiber internet expansion that is expected to extend 100-gigabyte capacity over 760 miles in Hampton Roads, affecting as many as 85,000 residents
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Newport News Shipbuilding promotes three execs
Materials, manufacturing restructured into two divisions
Published
Newport News Shipbuilding has announced several leadership changes as the shipyard attempts to optimize and speed operations. Matt Needy is now vice president and chief transformation officer, after previously serving