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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

A multistory hotel near the Chesapeake Bay in Virginia Beach
Hotels/Tourism February 21, 2023

January Va. hotel revenues surpass 2019

Virginia hotel revenues in January were 14.9% higher than pre-pandemic levels, largely due to higher hotel room rates, according to data released Tuesday by STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. Hotel rooms sold increased by 5% last month compared with January 2019. The average […]

Rendering of Emory & Henry College's new equestrian center. Image courtesy Emory & Henry College
News February 21, 2023

Emory & Henry receives $2M gift for equestrian expansion

Emory & Henry College will use a $2 million donation from The Bill Gatton Foundation to help construct a new equestrian center and boost its equine studies program. The private college, based in Emory, announced the donation Monday. The Bristol, Tennessee, foundation’s lead gift for the project was to Emory & Henry’s Collective Connections Campaign, […]

Lego to build $1B factory in Chesterfield
Economic Development February 20, 2023

Lego to hire 500 Chesterfield employees by year’s end

The Lego Group plans to hire approximately 500 people for its $1 billion Chesterfield County manufacturing facility by the end of this year, according to the Danish toymaker’s head of talent operations in the Americas, Karra McCormack. Lego expects to create more than 1,760 jobs over 10 years. The company and Gov. Glenn Youngkin announced […]

People February 9, 2023

Markel announces next CFO

Teri Gendron will succeed Jeremy Noble as Markel Corp.’s chief financial officer on March 20, the Glen Allen-based Fortune 500 insurance and investment firm announced Tuesday. Noble became president of Markel’s insurance operations earlier this year. Gendron will oversee and manage the holding company’s financial operations across its three divisions: insurance, investments and M[...]

L to R: Van Winkle Special Reserve Bourbon 12 Year, Van Winkle Family Reserve Rye 13 Year and Old Rip Van Winkle 10 Year. Photo courtesy Virginia Alcoholic Beverage Control Authority
News February 8, 2023

Virginia ABC announces next Pappy lotteries

The Virginia Alcoholic Beverage Control Authority is again seeking to slake customers’ thirst for Pappy Van Winkle whiskeys by holding online lotteries for several varieties in February and March. Virginia ABC customers can enter online for the chance to purchase several varieties of the prized whiskeys, including one bottle of Pappy Van Winkle Family Reserve […]

Tom Milburn (R) will assume the role of CEO after Scott Moulden's term ends in fall 2022. Photo courtesy YHB
People February 7, 2023

YHB chooses next CEO

Winchester-based accounting and consulting firm Yount, Hyde & Barbour Principal Tom Milburn will become the firm’s CEO on Oct. 1, succeeding CEO Scott Moulden. YHB announced Milburn’s election by its board on Tuesday. “As part of our new strategic plan, the YHB board recognized that there is value to identifying the next CEO ahead of the […]

Dan Hackman
People February 2, 2023

Phlow promotes chief biz officer to president

Richmond-based Phlow Corp. has promoted Dan Hackman from chief business officer to president, the pharmaceutical manufacturing company announced Thursday. Hackman joined Phlow in 2020. He previously worked with Kaleo Inc. as general manager of its Auvi-Q product — an injectable pen developed for emergency allergy treatment — and served as its vice president of patient […]

CNU chooses next president, Coast Guard Academy chief
News February 2, 2023

CNU chooses next president, Coast Guard Academy chief

U.S. Coast Guard Academy Superintendent Rear Adm. William G. Kelly will become Christopher Newport University’s sixth president on July 1, the Newport News-based public liberal arts school announced Thursday. CNU Chief of Staff Adelia P. Thompson has been serving as interim president since former President Paul S. Trible Jr.’s retirement at the end of the […]

Economic Development February 1, 2023

Danville pharma startup announces $6.1M expansion

Danville-based pharmaceutical engineering and manufacturing company Engineered BioPharmaceuticals Inc. will invest $6.1 million to expand from a business incubator into its first standalone manufacturing space, Gov. Glenn Youngkin announced Wednesday. The move is expected to create 34 jobs. The company will expand from its current lab space at Dan River Business Development Center — a […]

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People January 31, 2023

Northrop Grumman appoints global biz development officer

Stephen O’Bryan will become corporate vice president and global business development officer for Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. on Feb. 6. Northrop Grumman announced that the board of directors elected O’Bryan on Monday. O’Bryan will lead business development organization and contribute to international growth. He succeeds D[...]

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Top Stories

White House budget office tells agencies to draft mass firing plans ahead of potential shutdown

White House budget office tells agencies to draft mass firing plans ahead of potential shutdown

OMB told agencies to prepare mass layoffs if the government shuts down next week, escalating pressur[...]

The University of Virginia lawn. Photo courtesy U.Va.

15 Virginia schools make U.S. News’ 2026 universities list

Fifteen Virginia schools made the U.S. News & World Report’s 2026 Best National Universities list.[...]

President Donald Trump speaks as Commerce Secretary Howard Lutnick listens alongside a poster of the Trump Gold Card in the Oval Office of the White House, Friday, Sept. 19, 2025, in Washington. (AP Photo/Alex Brandon)

Virginia employers face new costs from Trump’s $100k H-1B visa fee

Trump’s $100K H-1B visa fee sows uncertainty for employers, universities and immigrant advocates, [...]

Bon Secours St. Francis Medical Center. Photo by Virginia Business/Kira Jenkins.

State rejects St. Francis hospital expansion

The Virginia state government has rejected a request from Bon Secours’ St. Francis Medical Center [...]

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RTX subsidiary hit by major cyberattack

A major ransomware against an RTX subsidiary disrupted check-in and boarding systems at several airp[...]

A rendering of Commonwealth Fusion Systems' planned facility in Chesterfield County. Image courtesy CFS.

Chesterfield approves fusion power plant permit

Commonwealth Fusion Systems received the Chesterfield zoning permit needed for what could be the wor[...]

People

Hawkeye 360 announces new CFO

Hawkeye 360 announces new CFO

25/9/2025

Redhorse taps new CEO

Redhorse taps new CEO

24/9/2025

Virginia Realtors names 2026 president

Virginia Realtors names 2026 president

19/9/2025

Regions

Virginia Gov. Glenn Youngkin, state Secretary of Commerce and Trade Caren Merrick and Microporous CEO John Reeves were among officials participating in a Nov. 13, 2024, ceremonial groundbreaking for Microporous' lithium-ion battery plant at the Southern Virginia Megasite at Berry Hill in Pittsylvania County.

Area Development ranks Virginia No. 1 for workforce training

The Virginia Talent Accelerator Program has been ranked the top workforce training program in the na[...]

Nostalgia-fueled Colony House reopens

Nostalgia-fueled Colony House reopens

Thanks to $10 million in 21st-century improvements, Roanoke’s Colony House Motor Lodge will on[...]

Chesterfield zoning update moves forward

Chesterfield zoning update moves forward

Chesterfield County advances ZOMod, its zoning overhaul aligning rules with growth goals. Final vote[...]

Peninsula businesses to get capital boost

Peninsula businesses to get capital boost

Small and midsize businesses in distressed and underserved areas of Hampton and Newport News will be[...]


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