Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank appointed three new members to its board of directors: Paul Engola, Donald Kimble and Michele O’Hara. Engola, 52, is deputy group president of the Dynetics Group of Leidos Holdings. Kimble, 63, most recently served as CFO, vice chairman and CAO of KeyCorp and chairman and president of KeyBank until his retirement in May 2023. O’Hara, 48, is chief human resources officer for SAIC.
ARKO (ARKO)
The convenience store giant appointed Robert Giammatteo as its CFO effective Jan. 2. He’ll serve as CFO of ARKO subsidiary GPM Investments and succeeds CFO Don Bassell, who retired at the end of 2023. Giammatteo, 51, was most recently CFO and chief transformation officer for grocery and retail company Giant Eagle Inc. Giammatteo’s annual base salary is $725,000. Bassell will remain with the Company until approximately April 2024 to assist with the transition process.
The company also announced the resignation of director Morris Willner. The company said his departure was due to health reasons.
ASGN (ASGN)
Director Marty Kittrell provided notice of his plan to retire from the board at the annual shareholders meeting in June. He has served on the board for 12 years.
C&F Financial (CFFI)
The parent of C&F Bank announced a share repurchase program beginning Jan. 1 and running through Dec. 31, to buy up to $10 million of the company’s common stock.
Dominion (D)
COO Diane Leopold sold 6,250 shares of common stock in multiple transactions for about $45.50 per share for a total of $28,125. Leopold directly owns 88,126 shares of common stock.
Dynex Capital (DX)
The mortgage REIT’s board of directors in early December elected Bryon Boston to serve as the board’s chairman. Boston is now both chairman and CEO. The board also appointed Julia Coronado to be the board’s lead independent director. She has been on the board since 2020.
Genworth Financial (GNW)
The company said Brian Haendiges, executive vice president of its U.S. life insurance operations, resigned on Dec. 31. He’ll remain employed with the company in an advisory role through April 2024. He’s succeeded by Jamala Arland, 42, who has previously served as a senior vice president in Genworth’s long-term care insurance division. Arland will receive an annual base salary of $500,000 as part of her new position.
Hamilton Beach Brands (HBB)
CFO Sarah Cunningham bought 750 shares at about $14 per share for a total of about $10,500. Cunningham directly owns 7,250 shares of common stock.
Markel (MKL)
The insurance company’s board in late November approved a new share repurchase program authorizing the company to buy back up to $750 million in outstanding common stock. The program replaced a similar $750 million program, under which $633 million was repurchased, that was authorized in February 2022.
Markel announced that Teresa Gendron will exit the company on Dec. 31. Gendron stopped working as CFO for the company effective Dec. 18.
Former CAO Brian Costanzo was appointed to take on the CFO role effective Dec. 18. Meade Grandis was tapped to fill the position of CAO effective Dec. 18.
The full announcement can be found here.
NewMarket (NEU)
The petroleum-focused holding company announced in December it had entered into a purchase agreement with Coyote Ultimate Holdings to acquire for $700 million AMPAC Intermediate Holdings, which is the parent company of American Pacific Corp.
Utah-based AMPAC is a manufacturer of additives used in solid rocket motors. The deal is expected to close in the first quarter of 2024. The full announcement can be viewed here.
Owens & Minor (OMI)
Tammy Gomez left her roles as executive vice president and chief human resources officer effective Dec. 15 to take a new job with an unnamed industrial conglomerate.
Universal Corp. (UVV)
The tobacco company announced that the board of directors selected Preston Wigner to serve as senior vice president effect April 1, 2024. He will leave his current post as vice president, general counsel and secretary. He has been with the company since 2003.
Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank appointed three new members to its board of directors: Paul Engola, Donald Kimble and Michele O’Hara. Engola, 52, is deputy group president of the Dynetics Group of Leidos Holdings. Kimble, 63, most recently served as CFO, vice chairman and CAO of KeyCorp and chairman and president of KeyBank until his retirement in May 2023. O’Hara, 48, is chief human resources officer for SAIC.
ARKO (ARKO)
The convenience store giant appointed Robert Giammatteo as its CFO effective Jan. 2. He’ll serve as CFO of ARKO subsidiary GPM Investments and succeeds CFO Don Bassell, who retired at the end of 2023. Giammatteo, 51, was most recently CFO and chief transformation officer for grocery and retail company Giant Eagle Inc. Giammatteo’s annual base salary is $725,000. Bassell will remain with the Company until approximately April 2024 to assist with the transition process.
The company also announced the resignation of director Morris Willner. The company said his departure was due to health reasons.
ASGN (ASGN)
Director Marty Kittrell provided notice of his plan to retire from the board at the annual shareholders meeting in June. He has served on the board for 12 years.
C&F Financial (CFFI)
The parent of C&F Bank announced a share repurchase program beginning Jan. 1 and running through Dec. 31, to buy up to $10 million of the company’s common stock.
Dominion (D)
COO Diane Leopold sold 6,250 shares of common stock in multiple transactions for about $45.50 per share for a total of $28,125. Leopold directly owns 88,126 shares of common stock.
Dynex Capital (DX)
The mortgage REIT’s board of directors in early December elected Bryon Boston to serve as the board’s chairman. Boston is now both chairman and CEO. The board also appointed Julia Coronado to be the board’s lead independent director. She has been on the board since 2020.
Genworth Financial (GNW)
The company said Brian Haendiges, executive vice president of its U.S. life insurance operations, resigned on Dec. 31. He’ll remain employed with the company in an advisory role through April 2024. He’s succeeded by Jamala Arland, 42, who has previously served as a senior vice president in Genworth’s long-term care insurance division. Arland will receive an annual base salary of $500,000 as part of her new position.
Hamilton Beach Brands (HBB)
CFO Sarah Cunningham bought 750 shares at about $14 per share for a total of about $10,500. Cunningham directly owns 7,250 shares of common stock.
Markel (MKL)
The insurance company’s board in late November approved a new share repurchase program authorizing the company to buy back up to $750 million in outstanding common stock. The program replaced a similar $750 million program, under which $633 million was repurchased, that was authorized in February 2022.
Markel announced that Teresa Gendron will exit the company on Dec. 31. Gendron stopped working as CFO for the company effective Dec. 18.
Former CAO Brian Costanzo was appointed to take on the CFO role effective Dec. 18. Meade Grandis was tapped to fill the position of CAO effective Dec. 18.
The full announcement can be found here.
NewMarket (NEU)
The petroleum-focused holding company announced in December it had entered into a purchase agreement with Coyote Ultimate Holdings to acquire for $700 million AMPAC Intermediate Holdings, which is the parent company of American Pacific Corp.
Utah-based AMPAC is a manufacturer of additives used in solid rocket motors. The deal is expected to close in the first quarter of 2024. The full announcement can be viewed here.
Owens & Minor (OMI)
Tammy Gomez left her roles as executive vice president and chief human resources officer effective Dec. 15 to take a new job with an unnamed industrial conglomerate.
Universal Corp. (UVV)
The tobacco company announced that the board of directors selected Preston Wigner to serve as senior vice president effect April 1, 2024. He will leave his current post as vice president, general counsel and secretary. He has been with the company since 2003.