Federal authorities charged a former Constellation engineer with using inside knowledge of plans to restart an idled nuclear reactor on Three Mile Island to trade on the
For nearly two years, officials and residents in South Hanover Township, Dauphin County, have been debating ground rules for data centers, large buildings full of computer equipment used in artificial intelligence and related applications. Now, with the ordinance still in draft form, the township is being asked to consider plans for a pair of data centers […]
Thomas Koppelman is set to become president of contract snack manufacturer G&S Foods LLC, where he currently works as vice president of sales. Effective Jan. 1, 2027, Koppelman will succeed Dan Morgan, the company’s president and CEO, as part of a phased succession plan. Morgan will remain CEO through 2027 and then retire after a 36-year […]
Heather Hoytink has been named president of The Hershey Co.’s U.S. business effective July 8. Hoytink succeeds Andrew Archambault, who left in May to become president and COO of Nutrabolt, a nutrition, wellness and beverage company based in Austin, Texas. Hoytink worked most recently at PepsiCo as a senior vice president and chief commercial officer for the company’s U.S. […]
Several disgruntled shareholders are pushing back against the roughly $3.9 billion transaction that will make Select Medical Corp. a privately held business. Ahead of a scheduled vote on the deal this week, shareholders filed three separate lawsuits this month in Cumberland County and New York claiming officers and directors of the Mechanicsburg-based rehab chain did not […]
Camp Hill-based real estate company Linlo Properties paid just over $9.3 million for a Class A office building at 214 Senate Ave. in East Pennsboro Township, Cumberland County, according to county deed records. The 91,306-square-foot office is 100% leased. The previous owner, a Villanova-based partnership called 214 Senate Avenue LLC, paid $13.9 million for the seven-story […]
The parent of public media station WITF retaliated against an executive who raised concerns about the financial fallout related to the nonprofit’s takeover of Lancaster-based news organization LNP Media Group, according to a whistleblower lawsuit filed yesterday in Lancaster County court by the executive, senior vice president and chief impact officer Cassie Farrelly. Based in Swatara Township, Dauphin […]
In 1993, state lawmakers passed workers’ comp reforms barring doctors from referring injured workers to a menu of services in which the doctors have a financial stake. What’s on the menu has been the subject of a lengthy legal dispute settled last week by Pennsylvania’s highest court. In a 5-2 ruling, the state Supreme Court […]
Claire Peters has been named CEO of Ahold Delhaize USA, the parent of Carlisle-based grocery chain The Giant Co., effective Sept. 8, subject to shareholder and regulatory approval. She succeeds Jerry Fleeman Jr., who is leaving to become CEO of discount retailer Dollar General. Peters worked most recently as vice president of Amazon‘s grocery business, which blends […]
Lancaster-area commercial loan professional Joshua Druce has launched a new consulting venture called Janus Capital that aims to connect would-be borrowers with financing. It grew out of his experience after he left a lending role last year with Finanta, a Lancaster-based nonprofit lender. Druce reached out to both banks and former customers in Central Pennsylvania. It was the […]