A local bank names its new CFO and reveals her pay package. One of Richmond’s biggest companies announces a major closure, while another reveals an overseas acquisition. And a veteran of the medical industry is the newest member of a local board.
Michael Schwartz
The R&D Dept.: Local patents for 10.24.12
A busy week for the R&D Dept. with patents from Afton Chemical, a local drug company, a man in Petersburg, and a company that deals in sludge.
Big deal for broker
An investment firm founded two years ago in Richmond has been sold.
Calif.-based REIT buys West Broad Village
The bustling center’s developer had to hold the property a little longer than expected, but a complex deal with a tangential connection to a certain presidential hopeful finally came through.
Hank Wilton’s long goodbye
The bankrupt local developer’s stake in the company his father founded will likely go to the highest bidder, and there’s a fat finder’s fee available if the stalking horse doesn’t win.
Trading Day: Inside local SEC filings for 10.18.12
An executive is leaving his post. A local REIT pulls the plug on a big acquisition. Plus earnings season begins with numbers out this week from CarMax and Media General.
Toast of the town
Virginia’s ever-expanding craft beer economy was on display last week at the Great American Beer Festival, and one of the commonwealth’s breweries received some serious accolades.
DealFlow: Investment banking roundup for 10.17.12
Some big dollar deals this week from BB&T Capital Markets, Harris Williams and one of Richmond’s newest investment banking firms.
Waffle House brings its black and gold to VCU
The sweet scent of maple syrup might soon waft along Broad Street in the heart of VCU.
Firm gets on its feet
One of Richmond’s newest investment banking firms can celebrate its first official deal.