The company elected Debra J. Kelly-Ennis to its board of directors. She was previously president and chief executive officer of Diageo Canada, Inc., a subsidiary of Diageo plc, a global spirits, wine and beer company. She also worked at RJR/Nabisco, Inc., The Coca-Cola Company, and General Motors.
The armored transport firm entered into a consulting agreement with vice president Ronald F. Rokosz. He previously announced his intention to retire during the first quarter. The agreement begins on March 2 and runs through Dec. 31. He’ll receive a monthly fee of $15,000.
C&F Financial (CFFI)
The parent of C&F Bank declared a cash dividend of $0.29 per common share, payable April 1, to shareholders of record on March 15.
Community Bankers Trust (BTC)
The parent of Essex Bank Community paid a $221,000 dividend to the U.S. Treasury as part of the TARP Capital Purchase Program. The company has yet to buy back the $17.68 million it received through the program.
The company’s shareholders voted in favor of its pending acquisition of Bermuda-based Alterra Capital Holdings. Alterra’s shareholders also voted in favor of the deal which is expected to close in the second quarter.
Markel’s board increased its number of directors to twelve to make room for Michael O’Reilly and K. Bruce Connell, both of whom are coming over from Alterra when the acquisition closes.
They’ll each receive an annual fee of $40,000 and an annual grant of approximately $80,000 in restricted stock.
Owens & Minor (OMI)
G. Gilmer Minor III, a director, 14,236 shares for a total of $433,000. He still owns 29,000 shares.
Universal Corp. (UVV)
CFO David Moore exercised options for 10,600 shares at $51.32 per share. He then sold 9,950 shares at $56.51 per share, a total of $562,000.
Chief operating officer Keith Brewer sold 1,000 shares at $56.43 per share, a total of $56,430. He still owns 80,000 shares.