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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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Fort Worth appoints acting CFO

 

A. Lee Graham
Reporter
lgraham@bizpress.net

Jay Chapa, Fort Worth’s Housing and Economic Development director, has been named acting director of Financial Management Services as the city seeks a new chief financial officer.
The move comes two days after Horatio Porter announced his resignation as CFO. Porter, who announced his resignation on May 1, will begin duties as the North Texas Tollway Authority’s CFO and assistant executive director in the next few weeks.
Chapa assumes Porter’s duties on May 15.
Meanwhile, Chapa will lead the department overseeing the city’s financial administration. The Financial Management Services Department is broken into four divisions: administration, accounting, purchasing and treasury.
In his 16 years with the city, Chapa has held leadership positions in its Economic Development, Water and Budget departments. As director for Housing and Economic Development, Chapa is responsible for business retention and recruitment, housing development, grants management, the city’s real property division, small business development, the city’s business diversity office, and all incentive programs, including tax abatement and tax increment financing.
While Chapa oversees Financial Management Services, Housing and Economic Development Assistant Director Cynthia Garcia will serve as the department’s acting director.

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?