Spellings sets new pacts with UNC chancellors

UNC System President Margaret Spellings is raising the bar for the state’s campus leaders. In a State of the University speech at UNC Charlotte attended by several lawmakers and members of the Board of Governors, Spellings said the 17 chancellors have signed “customized performance agreements … all of them embracing measurable outcomes as a route […]

5 questions for Evan Stone

You oughta know Evan Stone is vice president of economic development at the Cary Chamber of Commerce. Previously, he was a business recruitment manager with the Economic Development Partnership of North Carolina, where he led our state’s efforts in recruiting Triangle Tyre to Edgecombe County. Prior to his role at EDPNC, Evan specialized in recruiting […]

Camping in style

Camping doesn’t typically conjure up images of air conditioning, running water or electricity. But Joanna Cahill, 34, has managed to marry the ideas of luxury and the great outdoors with her business, Asheville Glamping. Cahill started the company in 2012 with a single yurt, which are tents built on collapsable frameworks. Now, she rents out […]

Duke Energy CEO Good gets paid

Lynn Good, who became CEO of Duke Energy in July 2013, has had a lucrative run. Over the last four years, Good’s compensation has totaled $54.3 million, including $21.4 million last year, according to a proxy released last week. The latest payout includes $7 million in stock that hinges on Duke earning a return on equity […]

Search firm returns fees collected in ECU chancellor’s hiring

An executive search firm paid to recruit East Carolina University Chancellor Cecil Staton in 2016 has returned its $110,000 fee after UNC System officials criticized the consultants’ work over disputed past salary data. System President Margaret Spellings notified the UNC Board of Governors of the transaction involving Oak Brook, Ill.-based Witt/Kieffer in a Feb. 28 […]

Carolina on my mind

For those who don’t yet know me, I’m Taylor Wanbaugh, the new assistant editor at Business North Carolina. Although I’m a newbie to the magazine, I’m certainly no rookie when it comes to North Carolina. Prior to moving to Charlotte last week, I worked at the National Society of Professional Engineers in Alexandria, Va. It […]

5 questions for Taylor Wanbaugh

You oughta know Taylor Wanbaugh is the new assistant editor of Business North Carolina. She previously worked as a staff writer at the National Society of Professional Engineers in Alexandria, Va. She has a bachelor’s degree in journalism from the University of Missouri. While in school, Wanbaugh interned at a variety of publications including Raleigh’s […]

5 questions for Thad Walton

You oughta know Thad Walton is senior vice president of commercial middle-market banking for Regions Bank in North Carolina. He joined Birmingham, Ala.-based Regions in 2011 and has worked in commercial banking for 14 years. A native of Rowan County, Thad attended UNC Chapel Hill, where he earned his undergraduate business degree and was on […]

5 questions for John Beatty

John Beatty joined Raleigh-based Summit Hospitality Group as general manager of The Dunhill Hotel in August 2013. John is responsible for providing strategic leadership while guiding a team of 80 as they provide legendary service for guests of 60-room historic Charlotte hotel and its restaurant, The Asbury. Under his leadership, The Dunhill was recognized as […]

A Capital idea with a Carolina twist

It wasn’t the greatest week to launch a new investment product given the stock market’s volatility, but Capital Investment Cos. persevered with its new Carolinas Leaders Index. It’s a unit-investment trust made up of 71 Carolinas-based companies, each equally weighted. That means Bank of America, with a market cap of $321 billion, makes up the […]

Best stock ideas for 2018 by six NC pros

Six veteran investment pros selected their three favorite North Carolina stocks, and one to avoid, for 2018 in our annual forecasting contest. The prices are as of Dec. 1, 2017, when the pros submitted their picks. Eligible stocks include companies based in the state or with large employment or investment here. Thank you to the […]

Five key things to know about directors and officers insurance – John Garver’s view

Directors and officers insurance coverage, which protects the insured from legal liability stemming from wrongful acts, is often treated as an “out of sight, out of mind” matter. But the existence of good D&O coverage can have direct financial implications for the leaders at businesses of all sizes. John Garver III, who has practiced law […]

LendingTree, Old Dominion shares gain more than 10% in a week

The stunning ascent of LendingTree continues as its quarterly earnings smashed expectations. Old Dominion Freight Line gained more than 10%. Tougher news came from Speedway Motorsports, which reported less profit and revenue than expected as demand for Nascar and other auto racing events remained sluggish. Here are the major movers in the Capital Investment Cos./Nottingham […]

5 questions for Jenni Harris

You oughta know Jenni Harris is the Southeastern regional industry manager for the Economic Development Partnership of North Carolina. She is a senior level strategist and policy adviser for business and community development. Her collaborative initiatives have resulted in sustainable partnerships that improve education, entrepreneurship and industry relations. Jenni received her bachelor’s in professional and […]

5 questions with Jacqueline Gaulin

Jacqueline Gaulin is the founder and CEO of Gastro Girl Inc., the creator of GI OnDemand, a virtual care and support platform for patients suffering with gastrointestinal health conditions such as irritable bowel syndrome and inflammatory bowel disease. Patients can access a network of digestive health experts including gastroenterologists, registered dietitians, psychologists and nurse health […]

5 Questions for Patrick Long

Patrick Long is a managing director at River Oak Risk LLC. He provides training to top-tier accountants, attorneys and wealth advisers on the proper formation of captive insurance. Patrick has presented to the North Carolina, South Carolina and Georgia bars, N.C. CPA Symposium, numerous CEO and CFO events, and to hundreds of firms in the […]

N.C. Mid-Market Fast 40 Winners Announced

Fast-growing middle-market companies make Top 40 list Forty North Carolina companies were honored on Monday, October 2, at Pinehurst Resort for being named to the 2017 N.C. Mid-Market Fast 40 list. Created by accounting firm Cherry Bekaert LLP and Business North Carolina magazine, the list ranks mid size companies based on revenue and employment growth. […]

Seven Carolinas stocks plunge 10% in the last week

It was a crazy week for several Carolinas stocks, with seven sliding more than 10%, including Sonic Automotive, Triangle Capital and CommScope. But a grand slam for Denny’s, the best performer in the Capital Investment Cos./Nottingham Index of Carolinas-based public companies for the week ended Aug. 4. The index includes companies with shares trading for […]