At the helm of Heritage Oaks: New CEO takes charge of region’s third-largest bank
Simone Lagomarsino, the new president and CEO of Paso Robles-based Heritage Oaks Bank, takes the reins of the region’s third-largest banking firm as it transitions out of the financial crisis.
French firm plucks Dole division
Dole Food Co. said Sept. 20 that it was selling its ripening and distribution businesses in Spain and Portugal, known as Dole Spain, to the Compagnie Fruitière Group. Terms of the sale, expected to close in November, were not disclosed. Westlake Village-based Dole holds a non-controlling 40 percent stake in Compagnie Fruitière. The other 60 Read More →
Cox wireless debuts
Atlanta-based Cox Communications has rolled out wireless service in Santa Barbara. Cox, which has a cable monopoly in the city, announced earlier this year that it planned to bundle in mobile phone services with its Internet, telephone and cable services for an all-in-one bundle. It is buying airtime from Sprint at wholesale prices to resell Read More →
Hardy acquires firm, expands distribution
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Colorful sounds, tuneful profits: Microphone maker forges a niche
Blue Microphones is running in the black by injecting a little color into the world of professional recording microphones.
Allergan squeezes ex-employee inventor
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