ARKO (ARKO)
The Henrico-based convenience store giant continues its pursuit of an acquisition of rival TravelCenters of America, despite TravelCenters calling ARKO’s offer inferior to another bid from another rival. ARKO then sent a letter to TravelCenters disagreeing with that stance and pleading its case. Click here to read the letter.
Related to the attempted acquisition, ARKO also said it entered into a new agreement with its private equity backer Oak Street Real Estate Capital for an additional $1.25 billion in spending capacity.
Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank released its latest proxy statement, including details of the compensation packages paid to its top executives in 2022. Among them, CEO John Asbury received total compensation valued at $3.3 million, up from $3.1 million the prior year. Click here for more info.
AUB also announced its annual shareholders meeting will be held virtually on May 3 at 10 a.m.
Brink’s (BCO)
The armored car giant released its latest proxy statement, disclosing compensation packages paid last year to its top executives. Executive Chairman Douglas Pertz received a total pay package of $6.4 million. He received a base salary of $837,500, $3.9 million in stock awards and $1.7 million in other incentives. Click here and see page 54 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 5.
Executive Vice President Michael Beech sold 45,000 shares in multiple transactions at an average price of about $66 per share for a total of $2.98 million. Beech directly owns 30,957 shares of common stock.
C&F Financial (CFFI)
The parent of C&F Bank released its proxy statement, including executive compensation details. CEO Tom Cherry, among other executives listed, received total compensation valued at $1.16 million up from $1.15 million in 2021. Click here for more info.
Dominion (D)
The power utility released its latest proxy statement, disclosing compensation packages paid last year to its top executives. Chairman and CEO Robert Blue received a total pay package of $6.8 million. He received a base salary of $1.2 million, $3.3 million in stock awards and $2.2 million in other incentives. Click here and see page 44 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 10.
Dynex Capital (DX)
The mortgage REIT released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO Byron Boston received a total pay package of $4.2 million. He received a base salary of $800,000, $1.5 million in stock awards and $2 million in other incentives. Click here and see page 47 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 18.
CFO Robert Colligan bought 8,000 shares at about $12 per share for a total of about $97,000. Colligan directly owns 40,416 shares of common stock.
Genworth Financial (GNW)
The Henrico-based insurer filed its proxy statement and executive compensation disclosures. Atop its list of executive pay is CEO Tom McInerney, who’s pay package in 2022 was valued at $9.44 million. Click here for more info.
Hamilton Beach Brands (HBB)
The electrical products supplier filed its year-end earnings report. In 2022, the company reported a net income of $25.3 million, an almost 19 percent increase compared to the company’s net income of $21.3 million the previous year. Full-year revenue was $640.9 million in 2022. Click here to see the full report.
The company also reported fourth-quarter 2022 net income of $7.1 million.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT filed its year-end earnings report. In 2022, the company reported a net loss of $4.7 million. The previous year, the company reported a net loss of $4.4 million.
New Market (NEU)
The petroleum-focused holding company released its latest proxy statement, disclosing compensation packages paid last year to its top executives. President and CEO Thomas Gottwald received a total pay package of $2.1 million. He received a base salary of $1.2 million, $250,428 in stock awards and $682,873 in other incentives. Click here and see page 23 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held April 27.
Owens & Minor (OMI)
The healthcare logistics company released its latest proxy statement, disclosing compensation packages paid last year to its top executives. President and CEO Edward Pesicka received a total pay package of $6.2 million. He received a base salary of $974,954, $4.9 million in stock awards and $354,408 in other incentives. Click here and see page 59 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 11.
Tredegar (TG)
The plastic and aluminum parts manufacturer released its latest proxy statement, disclosing compensation packages paid last year to its top executives. President and CEO John Steitz received a total pay package of $3.5 million. He received a base salary of $894,936, $2.2 million in stock awards and $386,694 in other incentives. Click here and see page 36 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 4.
The plastic and aluminum parts manufacturer has filed its year-end earnings report. In 2022, Tredegar reported $939.5 million in revenue and a net income of $28.5 million, down from a net income of $57.8 million in 2021. Click here to see the full report.
ARKO (ARKO)
The Henrico-based convenience store giant continues its pursuit of an acquisition of rival TravelCenters of America, despite TravelCenters calling ARKO’s offer inferior to another bid from another rival. ARKO then sent a letter to TravelCenters disagreeing with that stance and pleading its case. Click here to read the letter.
Related to the attempted acquisition, ARKO also said it entered into a new agreement with its private equity backer Oak Street Real Estate Capital for an additional $1.25 billion in spending capacity.
Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank released its latest proxy statement, including details of the compensation packages paid to its top executives in 2022. Among them, CEO John Asbury received total compensation valued at $3.3 million, up from $3.1 million the prior year. Click here for more info.
AUB also announced its annual shareholders meeting will be held virtually on May 3 at 10 a.m.
Brink’s (BCO)
The armored car giant released its latest proxy statement, disclosing compensation packages paid last year to its top executives. Executive Chairman Douglas Pertz received a total pay package of $6.4 million. He received a base salary of $837,500, $3.9 million in stock awards and $1.7 million in other incentives. Click here and see page 54 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 5.
Executive Vice President Michael Beech sold 45,000 shares in multiple transactions at an average price of about $66 per share for a total of $2.98 million. Beech directly owns 30,957 shares of common stock.
C&F Financial (CFFI)
The parent of C&F Bank released its proxy statement, including executive compensation details. CEO Tom Cherry, among other executives listed, received total compensation valued at $1.16 million up from $1.15 million in 2021. Click here for more info.
Dominion (D)
The power utility released its latest proxy statement, disclosing compensation packages paid last year to its top executives. Chairman and CEO Robert Blue received a total pay package of $6.8 million. He received a base salary of $1.2 million, $3.3 million in stock awards and $2.2 million in other incentives. Click here and see page 44 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 10.
Dynex Capital (DX)
The mortgage REIT released its latest proxy statement, disclosing compensation packages paid last year to its top executives. CEO Byron Boston received a total pay package of $4.2 million. He received a base salary of $800,000, $1.5 million in stock awards and $2 million in other incentives. Click here and see page 47 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 18.
CFO Robert Colligan bought 8,000 shares at about $12 per share for a total of about $97,000. Colligan directly owns 40,416 shares of common stock.
Genworth Financial (GNW)
The Henrico-based insurer filed its proxy statement and executive compensation disclosures. Atop its list of executive pay is CEO Tom McInerney, who’s pay package in 2022 was valued at $9.44 million. Click here for more info.
Hamilton Beach Brands (HBB)
The electrical products supplier filed its year-end earnings report. In 2022, the company reported a net income of $25.3 million, an almost 19 percent increase compared to the company’s net income of $21.3 million the previous year. Full-year revenue was $640.9 million in 2022. Click here to see the full report.
The company also reported fourth-quarter 2022 net income of $7.1 million.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT filed its year-end earnings report. In 2022, the company reported a net loss of $4.7 million. The previous year, the company reported a net loss of $4.4 million.
New Market (NEU)
The petroleum-focused holding company released its latest proxy statement, disclosing compensation packages paid last year to its top executives. President and CEO Thomas Gottwald received a total pay package of $2.1 million. He received a base salary of $1.2 million, $250,428 in stock awards and $682,873 in other incentives. Click here and see page 23 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held April 27.
Owens & Minor (OMI)
The healthcare logistics company released its latest proxy statement, disclosing compensation packages paid last year to its top executives. President and CEO Edward Pesicka received a total pay package of $6.2 million. He received a base salary of $974,954, $4.9 million in stock awards and $354,408 in other incentives. Click here and see page 59 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 11.
Tredegar (TG)
The plastic and aluminum parts manufacturer released its latest proxy statement, disclosing compensation packages paid last year to its top executives. President and CEO John Steitz received a total pay package of $3.5 million. He received a base salary of $894,936, $2.2 million in stock awards and $386,694 in other incentives. Click here and see page 36 for the full compensation table.
The proxy also announced the date of the company’s annual shareholders meeting, to be held May 4.
The plastic and aluminum parts manufacturer has filed its year-end earnings report. In 2022, Tredegar reported $939.5 million in revenue and a net income of $28.5 million, down from a net income of $57.8 million in 2021. Click here to see the full report.