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Recent Articles from Kate Andrews
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 […]
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: 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: 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
