Dominion Resources (D)
The company announced that its controller and chief accounting officer Ashwini Sawhney will retire effective April 1.
Sawhney will be succeeded by Michele Cardiff, pending approval by the board of directors. Cardiff, age 46, is currently vice president of accounting of Dominion Resources Services, Inc.
Markel (MKL)
Douglas Eby, a director, sold 65 shares at $540 per share for a total of $35,000.
MeadWestvaco (MWV)
The company named Robert K. Beckler and Robert A. Feeser each to the position of executive vice president, effective immediately.
Beckler will lead the company’s three packaging segments: Food & Beverage; Home, Health & Beauty; and Industrial Packaging, and MWV’s Specialty Chemicals business. He’ll also continue his oversight of the company’s strategy and business initiatives across Latin America. Beckler joined MWV in 1987 and holds a Bachelor of Science degree in Chemistry from Duke University, and a Ph.D. in Chemical Engineering from the Georgia Institute of Technology
Feeser will assume leadership of the company’s paperboard, primary plastics and folding carton operations around the world, as well as business support services, supply chain, engineering, and safety, health and environmental functions. He’ll also oversee MWV’s business in Asia. Feeser joined MWV in 1987 and holds a Bachelor of Science degree in Chemical Engineering from Miami University, a Master of Science degree in Chemical Engineering from the University of Dayton, and a Master of Business Administration degree from Duke University.
The company said President James A. Buzzard will be “transitioning from the company following a distinguished career.”
Brent Harwood, the company’s controller, sold 745 shares at $36.46 per share for a total of $27,000.
NewMarket (NEU)
The company approved bonuses for its top executives including: $750,000 for president and CEO Thomas Gottwald; $450,000 for Afton Chemical President Robert Shama; $350,000 for Chief Administrative Officer Bruce Hazelgrove; $330,000 for General Counsel Steven Edmonds; and $210,000 for CFO David Fiorenza.
Union First Market Bankshares (UBSH)
Union declared a quarterly dividend of $0.14 per share, payable Feb. 28 to shareholders of record as of Feb. 14.
The company also said it authorized a share repurchase program to purchase up to $65 million worth of Union common stock on the open market or in privately negotiated transactions. The purchases can be made through Dec. 31, 2015.
Dominion Resources (D)
The company announced that its controller and chief accounting officer Ashwini Sawhney will retire effective April 1.
Sawhney will be succeeded by Michele Cardiff, pending approval by the board of directors. Cardiff, age 46, is currently vice president of accounting of Dominion Resources Services, Inc.
Markel (MKL)
Douglas Eby, a director, sold 65 shares at $540 per share for a total of $35,000.
MeadWestvaco (MWV)
The company named Robert K. Beckler and Robert A. Feeser each to the position of executive vice president, effective immediately.
Beckler will lead the company’s three packaging segments: Food & Beverage; Home, Health & Beauty; and Industrial Packaging, and MWV’s Specialty Chemicals business. He’ll also continue his oversight of the company’s strategy and business initiatives across Latin America. Beckler joined MWV in 1987 and holds a Bachelor of Science degree in Chemistry from Duke University, and a Ph.D. in Chemical Engineering from the Georgia Institute of Technology
Feeser will assume leadership of the company’s paperboard, primary plastics and folding carton operations around the world, as well as business support services, supply chain, engineering, and safety, health and environmental functions. He’ll also oversee MWV’s business in Asia. Feeser joined MWV in 1987 and holds a Bachelor of Science degree in Chemical Engineering from Miami University, a Master of Science degree in Chemical Engineering from the University of Dayton, and a Master of Business Administration degree from Duke University.
The company said President James A. Buzzard will be “transitioning from the company following a distinguished career.”
Brent Harwood, the company’s controller, sold 745 shares at $36.46 per share for a total of $27,000.
NewMarket (NEU)
The company approved bonuses for its top executives including: $750,000 for president and CEO Thomas Gottwald; $450,000 for Afton Chemical President Robert Shama; $350,000 for Chief Administrative Officer Bruce Hazelgrove; $330,000 for General Counsel Steven Edmonds; and $210,000 for CFO David Fiorenza.
Union First Market Bankshares (UBSH)
Union declared a quarterly dividend of $0.14 per share, payable Feb. 28 to shareholders of record as of Feb. 14.
The company also said it authorized a share repurchase program to purchase up to $65 million worth of Union common stock on the open market or in privately negotiated transactions. The purchases can be made through Dec. 31, 2015.