Disruptor Announces Major Investment in Bills Khakis and Virginia Manufacturing Jobs
Companies Announce Deal Supporting 160 Russell County Jobs LEBANON, Va. — At a Tuesday afternoon press conference in Lebanon, Va.,Disruptor Capital CEO Pete Snyder and Bills Khakis CEO Bill Thomas announced a major investment by Virginia-based Disruptor Capital in Bills Khakis, a made-in-America, manufactured-in Virginia apparel brand. The investment will help support 160 jobs in Russell County, Va., where LACorp—a family-owned cut-and-sew operation—manufactures approximately 120,000 pairs of Bills Khakis pants per year. “Bills is a classic American brand and a true entrepreneurial success story. At a time when many manufacturing jobs flocked to Southeast Asia, Bills bet on the talented and hardworking people of Southwest Virginia—and the quality shows,” said Disruptor CEO Pet ...
Disruptor Capital CEO Pete Snyder Joins the Fox News Team
ALEXANDRIA, Va.–(BUSINESS WIRE)–Disruptor Capital CEO and Virginia Victory 2012 Chairman Pete Snyder is joining the Fox News team as an on-air contributor. A former pollster and media consultant turned technology entrepreneur, Snyder brings 20 years of experience in the private sector and in politics. Snyder said, “I am thrilled to join the most trusted and most successful name in news. I feel like I just got drafted by the New York Yankees. As an entrepreneur, I’ve long admired Roger Ailes and his pioneering vision and look forward to working with him and the entire Fox News team during the most important election of our lifetimes.” Virginia is considered by many political observers to be the #1 battleground state in the upcoming presidential election, and Snyder is overseeing ...
US News: “Disruptive and Smart: VA’s New Leader Award”
Virginia high-tech and social media whiz Pete Snyder has won another award, this one for his smarts, a timely recognition as he looks at a 2013 GOP bid for lieutenant governor. “It’s always great to be in good company,” Snyder said of his inclusion in SmartCEO’s “Leaders we admire” Washington issue that also includes Washington Kastles owner Mark Ein and Goodwill’s Catherine Meloy. The magazine recognized Snyder for his entrepreneurial style in building New Media Strategies and recently Disruptor Capital which invests in start-up firms mostly in Virginia. READ THE FULL STORY
Ad Boss $hares Good Fortune with Staff
Now that’s a good boss — ask anybody in Madison Avenue. When advertising CEO Pete Snyder cashed out and sold control of his company back in 2007, he stayed in charge but didn’t keep all the sale proceeds for himself. Instead, he plowed some of the windfall into a stock pool for his employees. Now, three years later that stock has grown into a tidy $2.5 million pot and this week he’s handing out checks for between $80,000 and $105,000 to each of the 30 loyal employees who stayed on board at New Media Strategies after it was acquired by media giant Meredith Corp. in a $30.7 million package deal with three other smaller shops. Snyder isn’t confirming the check amounts buzzing in the office about his good-guy deed, but admits it’s really unusual in the dog-eat-dog world of advertising. READ TH ...