The chairman of Spoleto Festival USA's Board of Directors will retire from his full-time job right in the middle of the upcoming annual spring arts extravaganza.
Carlos Evans, a 41-year financial industry veteran who's worked for NationsBank, Bank of America, Wachovia and Wells Fargo, is stepping down at the end of May, it was announced last week.
Evans is based in Charlotte. He's been Wells Fargo's commercial banking executive for its Eastern region since the Wachovia buyout in late 2008.
He's also known for his nonprofit involvement in the Queen City as well as in Charleston, where he and wife Lisa own a home.
The Florence native graduated from Newberry College. In addition to leading the Spoleto board, he's also chairman of the Medical University of South Carolina Foundation.
Evans will retire from Wells Fargo effective May 31, eight days into the Spoleto 2014.
A Charleston business that makes frozen yogurt vending machines has become a footnote in a nasty divorce in Canada involving a mysterious multimillionaire stock promoter.
The reason: The husband named in the split, John Babikian, was until recently a significant investor in kiosk-maker Robofusion, co-owned by Daniel Island businessman Allan Jones.
Jones said Babikian sold his shares, which were held in an offshore venture called Nottingham Group, to a company in Singapore about three months ago. Nottingham's investment in Robofusion was cited in documents filed by Babikian's estranged wife, Alima Beg. She alleges in divorce proceedings that he has moved around investments and assets to keep her from accessing them.
She is seeking $43,000 a month in spousal support, $500,000 in provisional costs and $50 million from the value of assets.
Babikian is in the news for reasons beyond his divorce. The U.S. Securities and Exchange Commission this month said the 26-year-old made $1.9 million through AwesomePennyStocks.com and a related website, PennyStocksUniverse.com. The SEC's lawsuit allegations against him center on a form of securities fraud known as "scalping." Babikian's whereabouts were unknown as of last week.
Southwest Airlines is angling to add its hometown of Dallas to its local flight schedule, but Paul Campbell isn't packing his bags for the Lone Star State.
Last week the airports director downplayed Charleston's chances of landing the proposed Southwest nonstop service to Dallas. He called it "a longshot" at a board meeting Thursday.
The Texas-based carrier wants to add up to two daily flights from Charleston to Dallas Love Field, but California-based Virgin America also is vying for the two extra gates that came open after the merger of American Airlines and U.S. Airways. No decision has been made on the gates.
Ship to shore
Cruise ships at the Port of Charleston not only bring a sea of tourists downtown. They also could lure potential homebuyers and employers to the area.
That's what Charleston Mayor Joe Riley told a group of real estate agents as he stressed the importance of the SPA's proposed new cruise terminal.
"It's a piece of our economic activity and a piece of the (port's) activity, but it's also very positive for the community," Riley said. "It also introduces people to Charleston, and they say, 'Honey, we should come back and spend more time here,' or, 'We should come back here and invest in a home or a business.' "
Riley has been a major supporter of the $35 million terminal, but the project has been delayed by lawsuits. He spoke at the Charleston Top Producers' Club lunch at the Harbour Club, around the corner from the existing cruise building.
A new study is evaluating land uses near Charleston International Airport and Charleston Air Force Base's flight approach zones to try to change them.
The properties fall within what's called "accident potential zones," areas close the the airport where planes fly low during takeoffs and landings.
The Berkeley-Charleston-Dorchester Council of Governments will hold a workshop 5-7 p.m. April 1 on a study being conducted for the four at-risk zones around the airport. The zones extend well into long-developed areas of North Charleston, Hanahan and West Ashley.
COG said the study is being done to help implement recommendations in a land-use study prepared for the local Air Force base in 2008. The public workshop is at 1362 McMillan Ave., Suite 100, in North Charleston.
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