April 27, 2024

		


| Tuesday, March 18th, 2014

Move sues after Realtor.com chief leaves for rival Zillow

Banking & Finance, Law & Goverment, Real Estate, Technology, Top Stories, Tri-County Public Companies

Move Inc., operator of Realtor.com, has sued a former employee and much-larger competitor Zillow, alleging theft of trade secrets.

| Monday, March 17th, 2014

Michael and Anne Towbes give $5M to Granada Theatre group

Nonprofits, Real Estate, Tourism

Developer and banker Michael Towbes and his wife, Anne, have made a $5 million gift to the Santa Barbara Center for the Performing Arts. The gift is irrevocable, the organization said in a March 17 announcement, and is in addition to the $15 million the couple has previously given to SBCPA.

| Friday, March 14th, 2014

Zhena’s Gypsy Tea founder to keynote Top Women awards

Top Stories, Women Inc.

The Pacific Coast Business Times will celebrate its eighth class of outstanding tri-county business women at an April 17 event featuring keynote speaker Zhena Muzyka, founder of Zhena’s Gypsy Tea.

| Thursday, March 13th, 2014

QAD profits slip despite record revenue

Banking & Finance, South Coast, Technology, Tri-County Economy, Tri-County Public Companies

Summerland-based QAD’s profits in its most recent fiscal year dipped 3.8 percent to $6.4 million, or 41 cents per Class A share and 34 cents per Class B share.

| Wednesday, March 12th, 2014

Sonos discloses $535M in revenue

Technology, Top Stories

In a rare financial disclosure, Santa Barbara audio firm Sonos has disclosed that its 2013 revenue was $535 million and that total sales doubled during the past year.

| Wednesday, March 12th, 2014

Heritage Oaks names new CFO

Banking & Finance, Banking Industry, Tri-County Public Companies

Lonny Robinson has been named chief financial officer at Paso Robles-based Heritage Oaks Bancorp. Robinson, previously with Banc of California, will join Heritage Oaks as CFO and executive vice president on March 19.

| Tuesday, March 11th, 2014

Santa Maria chamber CEO Bob Hatch to retire

Central Coast, Top Stories, Tri-County Economy

Bob Hatch is retiring after 20 years as president and CEO of the Santa Maria Valley Chamber of Commerce, the largest business group in North Santa Barbara County.