Jack Zoeller is going back full-on into startup mode. The founder of Cordia Bancorp, parent of Midlothian-based Bank of Virginia, has relinquished his role as CEO of the company in conjunction with his purchase and independent spin-off of CordiaGrad, a student loan refinance company that launched within the bank last year. The change was effective… Read more »
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Trading Day: Local SEC filings for Jan. 7, 2016
Majority investor shakes up leadership at Brink’s, Owens & Minor invites some employees to resign, and a local bank finally sheds a recession-era regulatory burden.
Year-end statement: Banking news of 2015
TowneBank started 2015 off with a banking bang and continued to make headlines with its local expansion. Other out-of-town banks also planted their flags in the market and local institutions continued to improve.
Trading Day: Local SEC filings for Nov. 19, 2015
A local bank CFO gets a new employment agreement, several executives and directors sell thousands of shares of stock, and Media General considers Nexstar’s buyout bid.
The Pitch: Advertising and marketing news for Oct. 27, 2015
The Martin Agency wins a big account and is vying for another, VCU Brandcenter celebrates its 20th birthday, agencies relocate offices and several firms report new promotions.
Trading Day: Local SEC filings for Oct. 8, 2015
Brink’s and Tredegar executives purchase shares, Altria backs brewing and beverage company buyout offer as largest shareholder, and Media General retains additional counsel for buyout proposal from Nexstar.
Trading Day: Local SEC filings for Sept. 10, 2015
Genworth’s CEO made a big share purchase this week, the newly appointed head of a Midlothian bank gets stock options, and Media General announces a $2.4 billion acquisition.
Bank lures new CEO from retirement
For its new CEO, a Midlothian bank turned to the retired former chief of StellarOne, whose long banking career has included several large M&A deals.
Trading Day: Local SEC filings for July 9, 2015
A local bank fully exits a government lending program, CarMax reports its first quarter earnings, and MeadWestvaco transitions to WestRock.
Gottwalds back in the driver’s seat at Tredegar
With the abrupt departure last week of two top executives, a prominent Richmond family has grabbed a firmer hold on the direction of a local publicly traded company.