SD BUSINESS JOURNAL DAILY ENEWS
Brian White has tendered his resignation as CEO of the Board of Retirement of the San Diego County Employees Retirement Association, effective March 30, the organization announced. White has served as the association’s CEO for 18 years.
San Diego Sport Innovators (SDSI), a nonprofit business accelerator, announced that it has parted ways with its parent company CONNECT and become a free-standing organization.
San Diego-based hospitality management company Eat.Drink.Sleep plans an April 1 reopening of its Cannonball restaurant, following a $3.5 million renovation of the building at 3105 Ocean Front Walk in Mission Beach.
San Diego-based Retrophin Inc., a publicly traded biopharmaceutical company, announced that it plans to raise $130 million in a public offering of 6.8 million shares of common stock at $19 per share.
Rio San Diego LLC has purchased the Mission Gorge Business Park industrial and office property in San Diego for approximately $4 million, according to brokerage firm ECP Commercial.
Solstar Investments LLC of Solana Beach has acquired the 120-room Marriott SpringHill Suites and 108-room Marriott TownePlace Suites hotels in Henderson, Nev., for a total of $20 million, according to Nevada public records.
Otonomy Inc., a company that makes treatments for the middle and inner ear, announced its fourth quarter financial results on March 19, reporting a net loss of $9.8 million compared with a net loss of $7.8 million in the same quarter of the previous year.
Three target drones with rocket motors from Kratos Defense & Security Solutions Inc. took part in an Aegis Ballistic Missile Defense weapon system test in late February, the company said on March 16.
Novatel Wireless’ chief operating officer has started taking 30 percent of his 2015 base salary in stock, the company said on March 18.
Hospitality management and consulting firm R.A. Rauch & Associates Inc. and investment firm PacVentures Inc., both of San Diego, recently acquired two Arizona hotel properties for a total of $8.65 million, the companies announced.
The Academy of Our Lady of Peace, San Diego’s a Catholic college-preparatory girls’ high school, will host its inaugural Women’s Symposium, the school announced.
San Diego-based Pediatric Bioscience Inc., the biotech developing blood tests for autism, has raised $1.68 million in debt financing, according to a recently amended regulatory filing.
Trovagene Inc., a developer of cell-free molecular diagnostics, announced Wednesday that Matthew L. Posard has joined the company as executive vice president and chief commercial officer.
Investment firm Capstone Advisors has purchased retail centers in San Diego and Poway in separate transactions for a total of $10.8 million, the Carlsbad-based company announced.
Operators recently completed a $12 million renovation of the Hilton San Diego Mission Valley hotel, with a new outdoor event deck and pool area expected to open this spring.
Statistics from Sacramento’s bean counters offer an estimate of how big a market San Diego will become over the next 50 years.
Vanguard Space Technologies Inc. said on March 16 that it provided the solar array substrates and electromagnetically clean shielding for NASA’s MMS satellite that launched on March 12. Financial terms of the project were not disclosed.
San Diego Gas & Electric kicked off its annual Environmental Champions initiative, a $1 million charitable giving campaign that funds local environmental nonprofits in San Diego and southern Orange counties, the company said.
Carlsbad-based Catalina Restaurant Group Inc., which operates 149 Coco’s Bakery and Carrows restaurants in three states, has been sold to an affiliate of Texas-headquartered Food Management Partners (FMP) for an undisclosed price.
Maxwell Technologies Inc., a local energy storage and power delivery manufacturer, announced that Senior Vice President and Chief Financial Officer Kevin S. Royal will step down from his position during 2015.