Blue Ridge Bankshares, the holding company of Blue Ridge Bank and BRB Financial Group, appointed G. William Beale CEO of the bank, effective immediately. Brian K. Plum will continue as president and CEO at the holding company and focus on broader strategy. read more

MAY 9, 2023 - 7:18 am

Air India, part of Tata Sons, signed a firm order for 40 GEnx-1B and 20 GE9X engines, plus a multi-year TrueChoice engine services agreement. The deal was signed in coordination with the airline’s firm order for 20 Boeing 787 and 10 Boeing 777X aircraft. read more

FEB 15, 2023 - 7:14 am

Richard B. (Randy) Anderson Jr. of National Capital Bancorp is set to retire as CEO of its subsidiary, The National Capital Bank of Washington, on Dec. 31. James Olevson, the current president of the bank, will succeed Anderson, effective Jan. 1. read more

NOV 28, 2022 - 7:19 am

TowneBank’s president and chief operating officer, Brad E. Schwartz, will retire from the company on Dec. 31. read more

NOV 28, 2022 - 7:13 am

Business First Bancshares and b1BANK hired Jerome “Jerry” Vascocu Jr. as chief administrative officer. Vascocu will be the first chief administrative officer for the bank. He brings more than 27 years of banking experience. read more

NOV 23, 2022 - 7:05 am

John L. Holt, Jr. will retire as president and CEO of NexBank Capital, the parent company of NexBank, at the end of this year. Matt Siekielski, who is a director, executive vice president and chief operating officer of the company, will succeed Holt Jr. read more

NOV 14, 2022 - 7:20 am

XPO Logistics’ board of directors approved the separation of its tech-enabled brokered transportation platform through the distribution of all the outstanding shares of common stock of its subsidiary RXO to holders of XPO common stock.  read more

OCT 11, 2022 - 7:39 am

BNSF Railway will invest more than $1.5 billion to construct a state-of-the-art master-planned rail facility in Southern California with the first being developed by a Class 1 railroad. read more

OCT 3, 2022 - 7:47 am

Invacare, a manufacturer of medical equipment, named Geoffrey P. Purtill, current senior vice president and general manager in the EMEA and APAC regions, interim president and CEO. The company also appointed Michael J. Merriman Jr. a director and non-executive chairman of the board. read more

AUG 30, 2022 - 7:29 am

TowneBank’s board of directors selected William (Billy) I. Foster III to succeed J. Morgan Davis as CEO. Davis will step down as CEO on Dec. 31 and will retire on March 31, 2023, after assisting with the transition process. read more

AUG 29, 2022 - 7:24 am

National Capital Bank named Bradley J. Duncan senior vice president and construction lending director and Sean A. Biehl vice president and commercial loan officer. read more

JUN 29, 2022 - 7:27 am

GE named H. Lawrence Culp Jr. CEO of GE Aviation. John Slattery will now serve as executive vice president and chief commercial officer of the business, while Rahul Ghai will serve as CFO and Russell Stokes will serve as president and CEO of commercial engines and services.  read more

JUN 28, 2022 - 7:49 am

F.N.B. Corporation and UB Bancorp signed a definitive merger agreement for FNB to acquire UB Bancorp, including its wholly-owned banking subsidiary, Union Bank. read more

JUN 2, 2022 - 7:42 am

United Community Banks and Reliant Bancorp executed a definitive merger agreement pursuant to which United will acquire Reliant and its wholly-owned subsidiary, Reliant Bank, in an all-stock transaction with an aggregate value of approximately $517 million. read more

JUL 15, 2021 - 6:33 am

GE entered an agreement to combine its GE Capital Aviation Services business with AerCap. Under the terms of the transaction agreement, which was approved by the boards of directors of both companies, GE will receive consideration valued at more than $30 billion. read more

MAR 10, 2021 - 6:59 am