Revenue cuts and layoffs have devastated RTI International, but its CEO says it is pursuing new avenues for growth.
Crabtree Valley Mall’s new owner shares insights on plans to enhance the prime property.
The Durham company seeks to relieve billions in debt.
The company plans to auction off assets to repay creditors.
Both Durham and Raleigh are among the top 10 most-educated cities in a new study.
The project’s total investment would be $264 million.
A big retail development is on the horizon in one of North Carolina's hottest small cities for growth.
More housing development on the way for west Raleigh.
A New York firm's mega deal for industrial property in Raleigh and Durham underscores the growing strength of the local market.
A big retail development is on the horizon in one of North Carolina's hottest small cities for growth.
More housing development on the way for west Raleigh.
A New York firm's mega deal for industrial property in Raleigh and Durham underscores the growing strength of the local market.
A software company is putting its headquarters on Franklin Street with plans to recruit UNC graduates.
The owner of Raleigh's round Holiday Inn seeks historic designation for the property with major rebranding ahead.
Originally built in 1884, Central Prison sits on land that could be better used.
Discover people making an impact
McKim & Creed
Balentine
North State Bank
North State Bank
Announce your latest big hire and get the word out about the moves your business is making.
The leading companies for your business research, sales prospecting, job search and fundraising.
Check out the list of largest Architecture Firms in North Carolina, ranked by the number of registered architects in the state.
Check out the list of Class A Office Buildings, ranked by total net rentable square footage.
Check out the most-active subdivisions in the Triangle, ranked by number of homes sold.
Check out the list of largest chambers of commerce in the Triangle area, ranked by the number of members.
Get all local list data and updated contact info week-over-week. This is your go-to resource for verified intelligence on Raleigh/Durham's business and decision makers.
View some of Raleigh/Durham’s most luxurious properties.
This is your invitation to view some of Raleigh/Durham’s most luxurious homes. Come inside, take a look around.
The company plans to auction off assets to repay creditors.
Wells Fargo's latest cuts hits close to home in N.C.
A longtime architecture firm in Durham is looking to reorganization with more than $1 million in debts.
The company plans to auction off assets to repay creditors.
Wells Fargo's latest cuts hits close to home in N.C.
A longtime architecture firm in Durham is looking to reorganization with more than $1 million in debts.
Triangle executives are adapting their strategies to navigate uncertain economic waters.
A Raleigh credit union is surging — and banks aren't happy.
A Charlotte wealth management firm's recent acquisition opens a door to the Triangle market.
Network with key influencers and build relationships that grow your business.
Join us as we honor outstanding C-Level Executives for their invaluable contributions to the Triangle community.
One of TBJ's liveliest events, BPTW is one of the most sought-after business awards in the Triangle. These companies are on top of their game! Come meet and mingle with them!
Destination Triangle: Finding opportunity in the region's new live-work-play hubs. Join us for a lively discussion that delves into why developers are focused on destination spaces as an investment opportunity in Raleigh, Durham and Cary.
The 1 regularly produces special events to recognize industry leaders and facilitate professional networking.
The premier newswire outlet for sharing company news, awards, announcements, and more.
In an era where talent is everything and efficiency is non-negotiable, Ebveon is rewriting the rules of HR leadership. Ebveon, a modern HR consulting service, is disrupting the HR space with an innovative, on-demand HR leadership solution designed for results-focused and growth-minded business leaders who want executive-level people strategy without the full-time expense. With increasing pressure on founders and business leaders to scale responsibly, build resilient cultures, and retain top talent, the need for experienced HR leadership has never been greater. Yet, hiring a full-time Head of HR often comes with a steep cost and long-term commitment that many businesses, especially small to mid-sized, simply cannot justify. Ebveon changes that. "Most business leaders know they need strategic HR, but few can afford to experiment with another high-salary executive," says Stenisha Green, Founder and Principal Consultant of Ebveon. Ebveon gives leaders immediate access to senior-level HR partnership that aligns people strategy with business goals on a monthly, flexible basis. Unlike traditional consultants who leave execution to internal teams, Ebveon introduces a strategic partner, accountable for driving business results—from culture transformation to retention turnarounds, team alignment, and scalable people operations. Founders and CEOs need an HR partner who builds real solutions that stick—and moves the needle where it matters. A Smarter, Leaner Approach to People Leadership that Drives ROI Ebveon’s subscription model gives organizations on-demand access to senior HR leadership—strategically tailored to fit their structure, growth stage, and goals. From building high-accountability cultures to navigating complex change and scaling people operations, Ebveon delivers results-focused HR without the cost or commitment of a full-time executive. What sets Ebveon apart: • Executive-level HR support when and where it’s needed • Custom people strategies aligned to business growth and ROI • Transparent, tiered monthly pricing • Outcome-driven engagements tied to metrics that matter • No hiring risk, benefits costs, payroll taxes, etc. Ebveon is outcome-obsessed with an approach that is proactive, metrics-driven, and designed to impact bottom-line growth. Proven impact with significant bottom-line benefits (in one company): • 78% reduction in voluntary turnover in 3 months • 50% increase in productivity in 4 months • 24% boost in employee satisfaction in 4 months • Identified and corrected hidden compliance gaps involving 5 labor laws, saving thousands in potential penalties and fines Flexible, scalable, and built for impact—Ebveon helps CEOs stay growth-focused while leading the people strategy that drives it. Who It's For: Ebveon is industry agnostic and ideal for leaders who want results, not just reports. Ebveon is designed for: • Founders and CEOs of scaling companies who need strategic HR guidance • Private equity and venture-backed firms looking to professionalize people operations • Small to mid-sized businesses ready to mature their internal culture and capabilities • Businesses with executive-level HR leadership in need of extra bandwidth or expertise • Companies in transition – mergers, hypergrowth, restructuring Why It Works: Ebveon blends deep HR expertise with a business-first mindset. This isn't about checking boxes or managing compliance. It's about driving real results through people and doing it smarter. It's about outcomes over hours. You wouldn't hire a full-time CFO just to close the books – you'd hire one to optimize cash flow, shape financial strategy, and fuel growth. The same logic applies to HR. Your organization requires targeted, high-impact HR leadership and Ebveon provides exactly that. About Ebveon: Ebveon is a modern HR consulting firm delivering people strategy without the FTE expense through a flexible model. Ebveon partners with companies across all industries and stages of growth to build stronger, people-centric organizations tailored to meet the unique needs of each client. Founded on the belief that every business deserves great HR, not just large companies, Ebveon helps companies scale smarter, build strong cultures, and align talent with bottom-line impact.
In just six months, the Sanford Housing Authority (SHA) has begun a bold transformation under the leadership of the new CEO, Dr. Michael C. Threatt, a nationally recognized public housing executive. Once ranked in the bottom 4% of housing authorities, SHA is now on a path to recovery, transparency, and innovation. Dr. Threatt’s newly released report, “180 Days Later: Reset, Renew, Reframe– A CEO’s Strategic Impact & Vision Report,” outlines the measurable impact of his leadership and introduces Roadmap 2030: A Strategic Path Forward: Tackling Financial Challenges and Restoring Public Trust on the Journey to HUD Recovery. It is a five-year strategic plan designed to restore public trust, rebuild operational capacity, and guide SHA toward long-term sustainability. “This is not just a turnaround—it’s a transformation,” said Dr. Threatt. “We are building a housing authority of the future—agile, accountable, and aligned with the needs of the community.” Reset: Operational Realignment Upon taking office, Dr. Threatt implemented a military-inspired leadership model—Assess, Plan, Implement, Evaluate—to stabilize operations and identify systemic weaknesses. SHA has since restructured its organization, adopted cloud-based systems, and introduced entrepreneurial business practices to improve efficiency and accountability. We are intentionally shaping the culture we want to see, starting with hiring the right team and restructuring the organization to support that vision, said Dr. Threatt. In March 2025, SHA executed the HUD Recovery Agreement, formalizing its commitment to exit “troubled” status within two years. Despite inheriting a deeply challenged agency, SHA is resolute in its mission to restore high-performing status and rebuild stakeholder trust. Renew: Culture, People, and Purpose In December 2024, SHA conducted the WiLD Trust Index Survey, revealing three key challenges: organizational dysfunction, lack of training and resources, and employee burnout. In response, SHA is dismantling silos, investing in professional development, and fostering a culture of respect, inclusion, and psychological safety. To guide this renewal, SHA adopted two values frameworks: • WE CAN (Leadership Values): Welcomed, Engagement, Caring, Accountable, Nurturing • I CAN (Organizational Values): Innovate, Collaborate, Automate, Navigate These values form the foundation of a purpose-driven, people-centered, and performance-oriented culture. Reframe: Roadmap 2030 and Strategic Alignment SHA’s Roadmap 2030 Strategic Plan (FY2025–FY2029) is structured around seven strategic goals. To ensure alignment, SHA established seven standing board committees that mirror these goals: • Asset Management • Public Relations • Rental Assistance • Resident Services • Development • Finance • Human Resources This structure ensures that governance is strategically focused and operationally aligned. Financial Recovery: From Deficit to Discovery When Dr. Threatt assumed leadership, SHA faced a deficit exceeding half a million dollars and had failed to complete audits for FYE 2023 and 2024, resulting in frozen HUD funds. Operating in a discovery phase, Dr. Threatt has worked to uncover and resolve unpaid obligations left by prior administrations. To restore fiscal integrity, SHA launched a five-year forensic audit in partnership with CliftonLarsonAllen LLP (CLA). Dr. Threatt also addressed SHA’s outdated “mom-and-pop” culture by implementing modern business practices. “SHA is a business—we have bills like any other company,” he said. “We are now operating with the discipline and transparency expected of any high-performing organization.” Policy Reform and Audit Readiness SHA is modernizing its policy framework to ensure compliance and audit readiness. Key initiatives include: • Updating the Procurement Policy, Administrative Plan, ACOP, and FSS Action Plan • Conducting file reviews across HCV, LIHTC, FSS, and Public Housing programs • Adopting 16 new financial policies covering asset management, internal controls, and procurement Community Engagement and Rebranding SHA has long struggled with a damaged public reputation due to years of instability. Dr. Threatt is addressing this through a comprehensive rebranding initiative focused on transparency, professionalism, and community trust. His leadership is redefining SHA’s identity as a credible, mission-driven agency. During his first week in Sanford, Dr. Threatt attended the Triangle Business Journal’s Corridors of Opportunity event, where he engaged with regional and local leaders on issues related to affordable housing and economic growth. As a member of the Business Journal Leadership Trust, he brings a national perspective to local challenges. Join Us for the State of the Housing Authority at the Dennis A. Wicker Civic Center on June 16, 2025. SHA invites everyone to attend the State of the Housing Authority address, where Dr. Threatt will present SHA’s progress and vision for the future.
Wetherill Engineering, Inc. (WEI) was established in 1993 with a focus on structural and roadway engineering services. Founded on the belief that strong engineering is built on integrity, technical excellence, and meaningful connections to both projects and the people behind them, WEI has grown into a leading and trusted multidisciplinary firm known for creating innovative solutions that address complex engineering challenges while minimizing environmental impact. The firm has since expanded to include services in Planning & Traffic Studies, Roadway Engineering, Hydraulic Engineering, Structural Engineering & Inspections, Survey & SUE, Construction Administration Services, Utility Design/Coordination, Civil/Site Engineering, Asset Management/Preservation, and Environmental Studies. From our headquarters in Raleigh and branch offices in Charlotte and Hickory, NC, WEI is well-positioned to serve clients throughout the Carolinas and beyond. WEI is a Woman-Owned, certified Small Professional Services Firm (SPSF) with the North Carolina Department of Transportation and HUB-certified with the North Carolina Department of Administration. The firm is prequalified with NCDOT to perform services for over 115 work codes, making WEI a valuable partner in transportation projects across the state. WEI was ranked as the 109th Top Firm in the Southeast by Engineering News Record and recognized as a Top MWBE firm in the Triangle Region by Triangle Business News, as well as one of the 2025 Best Employers in North Carolina by Business North Carolina. Debora and Eddie Wetherill – founders, owners, and principals of the firm – have striven to create an environment that delivers big-firm results with a small-firm feel. Their vision continues through WEI’s Principals, who remain deeply involved in every project. This hands-on approach allows for timely decisions and direct collaboration. With our Principals, project managers, engineers, and designers all under one roof, WEI can respond quickly and maintain accessibility throughout the project lifecycle. To uphold this level of service, WEI has intentionally remained a medium-sized firm with a team of just over 100 professionals and an average of 25 years of experience across 10 in-house disciplines. Each team member brings a wealth of expertise and technical excellence. WEI excels at cross-discipline collaboration, offering full-service projects – from the early planning phases through construction and close-out. WEI’s ability to collaborate in a face-to-face environment eliminates delays and minimizes overlap, ensuring efficient communication. By empathizing with the community and stakeholders, we develop solutions that reduce disruptions and reflect long-term care for those we serve. WEI began as a family-owned business with no corporate “chain of command”, which made it easier to build connections, both within the team and with clients. The approachable, responsive style has shaped a company culture where coworkers and clients alike feel like part of a family. Many of our clients return again and again—not just for our results, but for the experience of working with a responsive and personable team. WEI’s success and reputation are rooted in the dedication, thoroughness, and integrity of its people. In January 2025, founders Debora and Eddie Wetherill stepped away from day-to-day operations, officially entrusting the firm to a team of long-tenured leaders and engineers they mentored. While leadership has transitioned, the foundation remains unchanged. This transition represents not a departure from WEI’s principles but a reaffirmation of them. The firm continues to advance with the same commitment to client relationships, quality work, and technical precision that have shaped its reputation from the beginning. The future of WEI is guided by familiar faces who understand the work, know the clients, and are dedicated to carrying the firm’s legacy forward with the same energy and integrity. WEI is also transitioning from a C-Corp to becoming fully employee-owned, highlighting its focus on long-term growth and shared success. While our legal structure evolves, our core values remain constant. As a woman-owned firm, WEI recognizes the importance of promoting diversity, equity, and inclusion within the industry and will continue seeking partnerships with other SPSFs, M/WBE, and HUB firms on projects and through industry training and development. For over 30 years, WEI has been an acclaimed firm known to deliver results through our commitment to excellence and our expertise in finding innovative long-term engineering solutions. Whether traveling on four wheels, two wheels, or two feet, we have helped transform communities by designing multi-use paths, greenways, bridges, roads, and civil sites all while prioritizing safety, public impact, and effects to your valued community. If you’re interested in learning more about our work or potential teaming possibilities, we welcome you to reach out.
Share your company's latest updates with an elite, engaged, and targeted executive audience.
Our readers are educated and affluent. They include top management professionals with high net worth who run fast-growing companies and make major purchasing decisions, personally and for their businesses, every day.
© 2025 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated August 13, 2024) and Privacy Policy (updated March 25, 2025). The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals.

source

Leave a Reply