The parent of Philip Morris will relocate most of the employees from the WestMark One office building.
Altria
Money to burn
Altria Chairman and CEO Michael Szymanczyk won’t leave empty-handed when he retires in May.
Real estate Rx
A $16.5 million medical office project is the latest phase of Reynolds Crossing, a mixed-use development in the West End.
The high-flying days return, sort of
Traveling by private jet might be making a comeback in Richmond.
Pipeline: Commercial Real Estate Round Up 3.11.11
Lots of health care activity this week. Plus a nursery school leases space on Parham Rd., and Altria leases 50,000 square feet of industrial space in Richmond.
Do the Fortune 500 shuffle
Five of the six local companies that made this year’s list moved up in the rankings from last year.
Altria backs ban on flavored cigarettes
A U.S. Senate panel is considering tobacco legislation today that would ban certain cigarette flavorings including cherry, chocolate and cloves. In what may be a surprise to some, leading tobacco product producer Altria supports the ban. The company has negotiated with anti-smoking advocates and lawmakers to reach a compromise on the bill. The ban exempts… Read more »
Businesses, execs funnel cash to campaigns
If campaign contributions are any indication, the Richmond business community is rallying behind Republican Bob McDonnell to become Virginia’s next governor.
Q&A: Local biz leaders on the economy
On Friday the VCU School of Business hosted an economic panel featuring Jeffrey M. Lacker, president of the Federal Reserve Bank of Richmond; Steven A. Markel, vice chairman of Markel Corporation; and John R. Nelson, executive vice president and chief technology officer of Altria Group. The panelists answered questions from students and fellow executives about… Read more »
Payday at Altria
Being the CEO of Altria doesn’t pay quite like it used to — but that’s partly because the value of the company’s stock isn’t what it used to be.