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Daily Archives: September 7, 2011

Parkway Anticipates Realty Regime Change

Longtime Parkway Properties CEO Steve Rogers has announced he is stepping down at the end of the year. MBJ-TV recently visited with Rogers and his successor Jim Heistand to talk about the history and future of the Jackson-based public commercial real estate company.

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Parkway Properties Leadership Change

Longtime Parkway Properties CEO Steve Rogers has announced he is stepping down at the end of the year. MBJ-TV recently visited with Rogers and his successor Jim Heistand to talk about the history and future of the Jackson-based public commercial real estate company.

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Fitch makes rating decisions on three banks

GULFPORT and JACKSON — Fitch Ratings has made rating decisions on three banks. Fitch upgraded Whitney Bank’s long-term issuer default rating (IDR) to “BBB+” in the wake of the company’s June 2011 acquisition by Hancock Holding Company (HBHC). Additionally, Fitch has assigned initial long- and short-term IDRs to Hancock Holding and Hancock Bank of “BBB+/F2.” The rating outlook is “stable.” ...

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Adams and Reese cracks Inc. 5000 list

JACKSON — The law firm of Adams and Reese ranked No. 4,598 on the Inc. 5000 List – the “Top 5,000 Fastest Growing Privately Held Companies” in the United States, ranked by Inc. magazine and based on the company’s average percentage revenue growth rate over the prior three years. Adams and Reese has had a 15 percent growth in revenue ...

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Slyter named new CEO of Baptist Health Systems

JACKSON — Mark F. Slyter, FACHE, has been named CEO of Baptist Health Systems in Jackson, replacing Kurt W. Metzner, FACHE, who retired August 31. Since 2009, Slyter has served as Baptist Health Systems COO and president for Baptist Medical Center. Before coming to Mississippi, he was the administrator of Baptist Medical Center Beaches (Baptist Health, Jacksonville, Fla.) and administrator ...

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Museum asks city to pay building expenses

BILOXI — The fate of the Ohr-O’Keefe Museum of Art for now rests with the Biloxi City Council. The Sun Herald reports museum representatives asked the city yesterday to pay the expenses of the museum buildings, which Biloxi owns and leases to the museum at no cost. The council unanimously voted to table the request. Councilman Clark Griffith asked how ...

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Anderson unseats Denson as Choctaw chief

CHOCTAW — Phyliss J. Anderson has unseated incumbent Beasley Denson to win the race for Choctaw Tribal Chief In complete, but unofficial returns from yesterday’s election, Anderson polled 2,011 votes, or 56 percent, to win over Denson, who had 1,523 votes, and Shirley Martin Berg who tallied 63 votes. Choctaw Election Committee chairman Berdie John says 241 absentee ballots would ...

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Entergy completes post-Lee restoration work

ACROSS MISSISSIPPI — Entergy crews spent yesterday wrapping up restoration work after a nearly four-day-long battle to repair damage done by Tropical Storm Lee. As of yesterday morning, Entergy crews had restored power to all of its customers whose homes and businesses can receive it. The peak number of customers out at one time across Entergy’s four-state service territory was ...

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State wins drug-pricing lawsuit against Sandoz

JACKSON — Mississippi Attorney General Jim Hood says the state has been awarded $38.2 million in a Medicaid drug-pricing lawsuit. Hood says a judge found that a pharmaceutical company, Sandoz Inc., inflated the average wholesale prices for its generic drugs. In a news release yesterday, Hood says the inflated number caused Mississippi Medicaid to lose money by paying pharmacies too ...

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Commission to mull plans for Gulfport harbor resort

GULFPORT — The Gulfport Redevelopment Commission will consider plans to bring a 12-suite resort and restaurant to the Gulfport harbor. The City Council voted unanimously yesterday to convey a piece of property at the harbor to the Redevelopment Commission in anticipation of approving a 15-year lease with Saltgrass Outdoors for the $2.5-million project. Buy-back provisions in the lease would allow ...

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