The Innsbrook-based IT firm announced several changes to its leadership team. Rand Blazer, who had been president of its Apex Systems subsidiary, has been promoted to president of ASGN. Sean Casey, COO, has been promoted to president of Apex Systems. Matt Riley, COO, has been promoted to president of subsidiary Creative Circle. John Heneghan, COO, has been promoted to president of subsidiary ECS Federal. George Wilson has retired as president of ECS Federal and will remain as an executive adviser for three months to complete the transition to Heneghan.
The company announced a new stock repurchase program under which it may repurchase up to $350 million of its common stock through December 2023.
The used car retailer filed its quarterly earnings report for the period ended Nov. 30. It reported net earnings of $269.4 million, a 3.2 percent increase compared to the $235.3 million it reported for the same three-month period last year.
Senior Vice President Charles Joseph Wilson sold 16,059 shares at $127 per share for a total of $2 million. Wilson directly owns 10,981 shares of common stock.
Dominion Energy (D)
The utility company announced Dec. 31 that it closed on the $1.5 billion sale of its natural gas pipeline business to Southwest Gas Holdings, which carried with it the assumption of long-term debt of about $430 million.
Genworth Financial (GNW)
General counsel Ward E. Bobitz resigned effective Dec. 31, a departure that had previously been announced earlier last year. He remains with the company in an advisory role through June 30, 2022.
Replacing Bobitz as general counsel is Gregory S. Karawan, who has been with the company since 2000 and served as general counsel of Genworth’s U.S. Life Insurance segment since January 2007. Karawan, 57, previously worked at the law firm of Sonnenschein Nath and Rosenthal. He has a degree in economics from State University of New York Binghamton and a law degree from Fordham Law School.
Another previously announced resignation – that of chief human resources officer Pamela M. Harrison, took effect Dec. 31. She was replaced by Melissa Hagerman, 54, who has been with the company since 2011, and previously held HR positions at Carmax and Circuit. Hagerman has a degree in HR management from the University of Richmond.
Owens & Minor (OMI)
The healthcare logistics company announced last week it signed an agreement to buy Apria Inc., a company that offers at-home medical equipment and services for a total of about $1.6 billion. The deal is expected to close in the first half of 2022.