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Home>Kate Andrews

Kate Andrews

[email protected]

Recent Articles from Kate Andrews

The Big Book February 28, 2025

Va. Leadership: On the move

B. Marc Allen CEO, Electra.aero, Manassas Allen joined the aviation startup in August 2024, after having served as Boeing’s chief strategy officer and president of Boeing International. A graduate of Princeton University and Yale Law School, Allen clerked for former U.S. Supreme Court Associate Justice Anthony M. Kennedy. He is a private pilot and serves […]

Industries February 27, 2025

Financial Services: Federal policy, tariffs create economic uncertainty

Economists around the state are still speaking positively about Virginia’s economy — but there’s an elephant in the room. The University of Virginia‘s Weldon Cooper Center for Public Service expects the state’s gross domestic product will increase 2.4% this year, up from 1.9% anticipated for the nation in a Moody’s forecast delivered at the end […]

Economic Development February 27, 2025

Economic Development: Shovel-ready sites bring bigger projects to Va.

Site-readiness spending — a priority for Gov. Glenn Youngkin since he took office in 2022 — seemed to truly bear fruit in 2024, especially in Central and Southern Virginia. In Chesterfield County alone, Super Radiator Coils announced plans last year to expand its facility, creating 160 jobs, and Danish electrolyzer manufacturer Topsoe said it will […]

Professional Services February 27, 2025

Professional Services: Law firms not ready to jump headfirst into risky tech

Artificial intelligence continues to make headway into most industries, as C-suite professionals test AI-powered tools’ potential for cost savings and efficiency. Some people are even asking whether the speed of AI could finally kill off the billable hour. Not so fast, Siri. Clients often are not fans of the hourly billing model, which averaged $370 […]

Central Virginia February 26, 2025

UVA Health CEO resigns, effective immediately

Dr. Craig Kent resigned as the CEO of UVA Health on Tuesday, following a closed-session meeting of the University of Virginia Board of Visitors earlier in the day. A letter to UVA Health faculty and staff says that Kent “offered, and President Ryan accepted, his resignation” after the meeting, when board members and President Jim […]

Protesters supporting gender affirming care and transgender rights gathered on U.Va.'s Lawn during a Feb. 21 special meeting of the university's board of visitors. Photo by Kate Andrews, Virginia Business
Top Stories February 21, 2025

U.Va. board votes to continue gender-affirming care for existing patients under 19

During a Feb. 21 special meeting, the University of Virginia‘s board of visitors voted for UVA Health to continue providing gender-affirming treatment to people under 19, but only to current patients. New patients will instead be referred to “alternative private providers” until further notice. Also, the BOV — a 17-member board named by Virginia’s governors […]

Industries February 19, 2025

Sauer Brands acquired by Boston firm; new CEO named

A Boston private equity company completed its purchase of Richmond-based Sauer Brands, which produces Duke’s Mayo, Sauer spices and other food products, the companies announced Wednesday. With the change in ownership comes a new CEO for Sauer. E. Yuri Hermida, most recently executive vice president and chief growth and strategy officer for alcoholic beverage company […]

University of Virginia Rotunda. Photo courtesy University of Virginia
Top Stories February 19, 2025

U.Va. board to meet over gender-affirming care dispute

The University of Virginia’s Board of Visitors — now controlled by members appointed by Gov. Glenn Youngkin — has scheduled a Feb. 21 special meeting to discuss UVA Health‘s decision to resume gender-affirming medical care for patients under the age of 19. The university-affiliated health system suspended treatments in late January after a federal executive […]

Top Stories February 18, 2025

HII’s CEO doesn’t expect major defense spending cuts under Trump

President Donald Trump‘s suggestion last week that he could cut U.S. defense spending in half spooked the stock market — but the CEOs of Virginia’s Huntington Ingalls Industries and Science Applications International Corp. are taking Trump‘s statement in stride. Thursday afternoon, Trump said, “One of the first meetings I want to have is with President […]

Photo courtesy U.Va. Health
Top Stories February 14, 2025

UVA Health resumes gender-affirming care after federal judge’s order

Updated Feb. 15 A federal judge in Maryland on Thursday issued a temporary restraining order that suspended President Donald Trump‘s Jan. 28 executive order banning gender-affirming medical care for people under the age of 19, impacting patients and hospitals across the country, including in Virginia. Trump’s original order — as well as Virginia Attorney Gen. […]

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Top Stories

Booz Allen CEO says 7% of employees to be laid off

McLean-based Fortune 500 management consulting business Booz Allen Hamilton will lay off 7% of its 3[...]

House GOP passes Trump tax bill despite deficit fears

House Republicans push through Trump’s tax bill after all-night session, despite CBO warning it co[...]

U.S. Rep. Gerry Connolly, D-Fairfax. Photo courtesy Connolly's office

Virginia congressman dies from cancer

U.S. Rep. Gerry Connolly, a nine-term Democrat representing Virginia's 11th congressional district, [...]

Richmond Fed President and CEO Tom Barkin spoke at the Investing in Rural America Conference in Roanoke on May 20, 2025. Photo by Joseph Minick/Federal Reserve Bank of Richmond

Barkin: Affordable housing key to rural economic growth

Richmond Fed President and CEO Tom Barkin said affordable housing and workforce investment are drivi[...]

Dollar Tree announces CEO of Family Dollar, soon to be sold

Chesapeake-based Dollar Tree announced Monday that its soon-to-be-sold Family Dollar property will b[...]

UPDATE: $35B Capital One-Discover merger closes

McLean-based Capital One Financial is scheduled to close on its $35.3 billion acquisition of Discove[...]

People

Clinton R. Hayes, incoming president of Southwest Virginia Community College. Photo courtesy Virginia Community College System

Southwest Virginia Community College president appointed

23/5/2025

Troy Dillow has been named Choice Financial Group's president and chief operating officer. Photo Courtesy Choice Financial Group.

Choice Financial announces new president, mid-Atlantic leader

23/5/2025

Atlantic Union CFO Rob Gorman has announced his retirement. Photo Courtesy Atlantic Union Bankshares

Atlantic Union CFO announces retirement

22/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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