Altria (MO)
David Beran, the company’s president and COO, will retire March 1. He’s been with the company for 38 years. CFO Howard Willard will take over as COO. William Gifford, currently a senior vice president of strategy and business development, will become CFO.
Cordia Bancorp (BOVA)
President and COO Richard Dickinson gave notice of his resignation, effective Feb. 6. He has taken a position at TowneBank Richmond. Jack Zoeller, chairman and CEO, will assume the title of president.
Executive vice president Don Andree was appointed chief lending officer of the company’s Bank of Virginia subsidiary. Andree has been with the bank since 2011. He was previously with SunTrust and PNC Financial.
MeadWestvaco (MWV)
Robert Feeser, an executive vice president, exercised options for 51,655 shares for a total of $1.3 million. He then sold 50,160 shares at market value for a total of $2.52 million.
NewMarket (NEU)
CFO David Fiorenza sold 794 shares in multiple transactions for a total of approximately $358,000, or an average of $451 per share.
Universal Corp. (UVV)
The company declared a quarterly dividend of $0.52 per share payable May 11, 2015, to common shareholders of record at the close of business on April 14, 2015.
It also declared a quarterly dividend of $16.87 per share on its Series B 6.75% Convertible Perpetual Preferred Stock, payable March 16, 2015, to shareholders of record as of 5 p.m. Eastern Time on March 1, 2015.
Union Bankshares (UBSH)
The company declared a quarterly dividend of $0.15 per share.
Xenith Bankshares (XBKS)
The parent of Xenith Bank approved cash incentive awards for its top executives based on its 2014 performance. The awards were: $84,500 for CEO Gaylon Layfield and $58,000 for the other top three executives. It also approved salary increases for the executives for 2015. Among them, Layfield’s base salary will jump from $260,000 to $275,000 in 2015.
Altria (MO)
David Beran, the company’s president and COO, will retire March 1. He’s been with the company for 38 years. CFO Howard Willard will take over as COO. William Gifford, currently a senior vice president of strategy and business development, will become CFO.
Cordia Bancorp (BOVA)
President and COO Richard Dickinson gave notice of his resignation, effective Feb. 6. He has taken a position at TowneBank Richmond. Jack Zoeller, chairman and CEO, will assume the title of president.
Executive vice president Don Andree was appointed chief lending officer of the company’s Bank of Virginia subsidiary. Andree has been with the bank since 2011. He was previously with SunTrust and PNC Financial.
MeadWestvaco (MWV)
Robert Feeser, an executive vice president, exercised options for 51,655 shares for a total of $1.3 million. He then sold 50,160 shares at market value for a total of $2.52 million.
NewMarket (NEU)
CFO David Fiorenza sold 794 shares in multiple transactions for a total of approximately $358,000, or an average of $451 per share.
Universal Corp. (UVV)
The company declared a quarterly dividend of $0.52 per share payable May 11, 2015, to common shareholders of record at the close of business on April 14, 2015.
It also declared a quarterly dividend of $16.87 per share on its Series B 6.75% Convertible Perpetual Preferred Stock, payable March 16, 2015, to shareholders of record as of 5 p.m. Eastern Time on March 1, 2015.
Union Bankshares (UBSH)
The company declared a quarterly dividend of $0.15 per share.
Xenith Bankshares (XBKS)
The parent of Xenith Bank approved cash incentive awards for its top executives based on its 2014 performance. The awards were: $84,500 for CEO Gaylon Layfield and $58,000 for the other top three executives. It also approved salary increases for the executives for 2015. Among them, Layfield’s base salary will jump from $260,000 to $275,000 in 2015.