Markwith to retire from top post at Sierra Vista
After eight years at the helm of San Luis Obispo’s Sierra Vista Regional Medical Center, Candace “Candy” Markwith will retire in September. Markwith, who has been head of the 164-bed hospital since March 2005, announced her upcoming retirement on March 25. With 772 employees, Sierra Vista is the largest employer in the city of San Read More →
Read More →FCAL shareholders vote in favor of merger with PacWest
Shareholders in First California Financial Group voted overwhelmingly in favor of merging the bank into rival PacWest Bancorp at a March 20 meeting. Investors in the Westlake Village bank cast 23.4 million votes in favor of the $233 million deal, with 212,252 shares voting against the proposal and 5,865 abstaining. The deal still requires regulatory Read More →
Read More →Amgen shares jump on good news from melanoma drug study
[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”20-09-2012″ enddate=”20-03-2013″ width=”300″ height=”245″] Shares of Thousand Oaks-based Amgen rose in light trading on March 20 after the company announced favorable results from a drug that treats advanced melanoma. The drug, dubbed T-VEC, uses a virus to infiltrate tumors and shrink them. It achieved positive results in a large number Read More →
Read More →VSolvit wins $53M Navy contract
Thousand Oaks-based firm VSolvit has won a $53.1 million contract to provide support services to the U.S. Navy’s IT center at Naval Base Ventura County. Founded in 2006 by Payal Kamdar, VSolvit, pronounced “we solve it,” has in the past produced mapping systems for the USDA and the White House, for which it produced maps Read More →
Read More →Real estate investor buys $16.5M Venoco HQ in Carpinteria
A South Coast investor has purchased Venoco’s 50,955-square-foot headquarters building in Carpinteria. The property at 6267 Carpinteria Ave. was purchased by real estate investor Victor Schaff for an undisclosed amount. The property was listed by Hayes Commercial Group for $16.5 million. Denver-based oil and gas company Venoco has leased the glass-and-steel building, which sits on Read More →
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FCAL execs grab hold of golden parachutes
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