A local CFO resigns from his post and his replacement gets a big raise. A bank reveals the pay packages for its top executives. And a company’s major shareholder sells off more than 1 million shares.
Michael Schwartz
Regulator approves StellarOne expansion
The Christiansburg bank faces its final hurdle in getting its second Richmond location up and running.
DealFlow: Local investment banking roundup for 1.16.13
DealFlow is jam-packed this month as 2013 starts out strong and local firms closed dozens of deals leading up to year’s end. Deals from Matrix Capital Markets, Dominion Partners, Harris Williams, BB&T Capital Markets and more.
Hooters owner evicted from 3 restaurants
A landlord and lender took control of a quarter of Cornett Hospitality’s 12 restaurants, including two local Hooters locations and a Topeka’s Steakhouse in the West End.
Insurance brokerage adds firms to the fold
Bob Hilb’s shopping spree continues, and his buying power just got recharged.
Dominion Club owners hit with a 9-iron
Nine former members of the Dominion Club have sued the club’s owners and operators in an attempt to recoup almost $100,000 in membership initiation deposits.
Trading Day: Inside local SEC filings for 1.10.13
A recently retired local CEO gives up more than 100,000 shares after leaving his post. Another local chief executive cashes in a $1 million stock option. And plenty of other insider sales and purchases.
Go condo shopping on the courthouse steps
A Fan property owned by an imprisoned Norfolk developer will be put up for sale Friday at a foreclosure auction.
Bank grafts a new branch onto its tree
A bank’s vacant branch in Mechanicsville is getting new life from the competition.
Local SunTrust chief out amid shuffle
Gail Letts, president and chief executive of SunTrust Bank’s Central Virginia operations, is leaving her post.