New CEO at Levine Museum
CHARLOTTE – Kathryn Hill will join the Levine Museum of the New South on Aug. 29 as president and CEO.
Hill held leadership roles at museums in Atlanta, Chicago and Washington, D.C., including the U.S. Holocaust Memorial Museum. She oversaw the construction of the $142 million History Colorado Center.
“Charlotte needs an institution that helps us understand our present in the context of our shared past in order to inform the decisions we make for the future,” she said.
Hill succeeds Emily Zimmern, who retired after 20 years at the museum.
WFAE hires financial officer
CHARLOTTE – WFAE hired Jean Zoutewelle as chief financial officer.
Zoutewelle has more than 30 years of experience, working in private banking, business-to-business marketing and small business settings. She is succeeding Debra Peterson, who is retiring after 24 years.
She is involved with community boards and organizations such as InReach, The Exceptional Foundation, Seed20 Charlotte and First Presbyterian Church.
Albemarle nets $3.2B in sale
CHARLOTTE – Albemarle Corporation has signed an agreement to sell its Chemetall Surface Treatment business to BASF for about $3.2 billion.
The transaction is expected to close by year’s end.
“The sale of Chemetall reflects Albemarle’s continued commitment to maximizing shareholder value by investing in the future growth of our high priority businesses, reducing leverage and returning capital to shareholders,” Albemarle’s President and CEO Luke Kissam said.
Carl to help lead fund
CHARLOTTE – Brandon Carl will join Shane Burke as co-portfolio manager to Sterling Capital Management’s Diversified Income Fund upon Will Gholston’s departure.
Carl, who has 15 years of investment experience, has been an integral part of the firm’s advisory solutions team since 2008.
The fund seeks income and capital appreciation by investing in asset classes and strategies.
AlkyClean earns recognition
CHARLOTTE – Albemarle Corporation and technology partner CB&I received the 2016 Presidential Green Chemistry Challenge Award by the U.S. Environmental Protection Agency.
The award recognizes firms for researching and developing green chemical technologies.
It was in recognition of the AlkyClean process technology for exclusive use with Albemarle’s zeolite-based AlkyStar catalyst.
Consolidated gets new territory
ATLANTA – The Coca-Cola Company expects to refranchise most of the Memphis, Tenn., market unit to Charlotte-based Consolidated.
The area includes portions of Tennessee, Mississippi and Arkansas.
Consolidated also signed a letter of intent for a small territory centered on Louisa, Ky., with operations that span into West Virginia.
The agreements are part of a plan to refranchise all of The Coca-Cola Company’s North American territories by the end of 2017.
New boss joining OrthoCarolina
CHARLOTTE – Dr. Bruce Cohen will start his new job as CEO of OrthoCarolina on July 1.
Cohen has worked as an orthopedic foot and ankle surgeon since 1997 and a physician with OrthoCarolina since 2005.
“He is known nationally as an innovator, educator and leader, and his commitment to bettering the Charlotte community and its orthopedic services will continue through his leadership of OrthoCarolina,” said CEO Dan Murrey, who recommended Cohen to the post.
Murrey is leaving OrthoCarolina to become CEO of Transformant Healthcare Solutions.
Realtors recruit client liaison
FORT MILL, SC – Cahill & Miller Realty Group has hired Emily Richardson as client liaison and was awarded Monthly Top Performer for May at Allen Tate Realtors.
Allen Tate Realtors Tracey Miller and Kelly Cahill have been business partners since 2012. They service York County, Ballantyne and south Charlotte.
“Emily will be assisting us in ensuring our clients receive the best customer service possible and helping us to continue to provide a great experience when they are buying or selling a home,” Miller said.
Criswells introduce laser option
CHARLOTTE – Criswell & Criswell Plastic Surgery has introduced the Halo Fractional Laser as a treatment option.
The laser reduces signs of aging, sun damage, acne scars and hyperpigmentation while improving skin tone and texture in a single treatment.
Drs. Kara Criswell and Bryan Criswell opened The Criswell & Criswell Surgery Center on Sept. 24, 2012. The center is located at 14835 Ballantyne Village Way and 4310 Sharon Road.
Call 704-424-5050 or go to www.criswelland criswell.com for details.
Carlisle acquires $45M firm
CHARLOTTE – Carlisle Companies Incorporated acquired Micro-Coax, a global supplier of wire and cable for defense, aerospace and electronics companies.
Micro-Coax has annual sales of approximately $45 million and 235 employees. It will operate as part of Carlisle Interconnect Technologies, a global provider of specialty wire and cable.
“Micro-Coax broadens our product, technology and service ranges to our customers,” CEO Chris Koch said. “This acquisition is consistent with our focus on higher margin, highly engineered products and is an excellent fit with Carlisle.”
Winter Wonderland wins award
CHARLOTTE – The International Council of Shopping Centers gave Regency Centers Corporation and Lincoln Harris a MAXI Silver Award for their Winter Wonderland charity fundraiser at Phillips Place.
Phillips Place has committed to bringing back the charity fundraiser with EventStretch and Paschal Promotions for a multi-year run. It will continue collecting toys for Toys for Tots Charlotte.
City realizes home sweet spot
SEATTLE – Zillow recently ranked Charlotte sixth on its Top 10 Sweet Spots for Homeownership.
Rankings are based on income and employment growth, as well as a Breakeven Horizon, which measures how long homebuyers need to stay in a home before buying makes more financial sense than renting.
No. 6 ranked Charlotte boasts a Breakeven Horizon of 1 year, 7 months, which is one month behind No. 5 Raleigh and three months behind No. 1 San Antonio.