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People
Mr.
Snow goes to Washington
Virginia’s
business community got a boost in mid-December when
President George W. Bush nominated John W. Snow,
chairman of Rich-mond-based CSX Corp., to be Treasury
Secretary, replacing Paul O’Neill.
Ohio-born Snow, 63, became chief executive of CSX in
1989 bringing technical innovations. But he’s also
been blamed for the botched merger, with Norfolk Southern
of Conrail in the late 1990s. After CSX’s stock
lost half of its value, Snow took operational control
of the railroad and fixed many problems. His departure
from CSX, however, could mean that the firm might move
its headquarters to Jacksonville, Fla.
Joseph
Ukrop
He
started with one grocery store on South Richmond’s
Hull Street in 1937 and watched it grow into a 27-store
chain with loyal customers who wouldn’t shop anywhere
else. Joseph Ukrop, who died in November at age
88, was an icon in the grocery business and one of Virginia’s
most successful business leaders. He and his wife, Jacquelin,
were inducted into the Richmond Business Hall of Fame
in 1988, and the firm has repeatedly been on Fortune
magazine’s best companies to work for list. The
Ukrop’s Super Markets business has stayed a family
affair: elder son James Ukrop is the company’s
chairman of the board; his brother Robert is CEO.
Virginia
Business - January 2003
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