Middle Market Digest: Southwest

Here’s a look at the latest news, announcements and deals that you may have missed in Southern California, Nevada, Arizona and Utah.

NEW & NOTABLE

NEWPORT BEACH, CA—Bixby Land Company has named Aaron Hill as president, extending a successful 11-year tenure at Bixby where he most recently served as executive vice president and chief operating officer. Bill Halford, who has served as president and chief executive officer since 2006, retains his CEO position and continues to lead the strategic vision and growth of the company. The move is a natural progression for Hill, who as COO has overseen day-to-day operations with a focus on portfolio management for the 120-year-old, privately-held firm. Bixby has grown its investment portfolio of industrial and office properties to more than $1 billion, and has experienced significant year-over-year growth in shareholder value and dividend performance over the past several years.