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Home>Richard Foster

Richard Foster

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Recent Articles from Richard Foster

Profits follow culture at Williams Mullen
latest news November 30, 2024

The 25th edition of the Virginia Business Legal Elite

Launched in cooperation with the Virginia Bar Association in 2000, Virginia Business‘ Legal Elite polls lawyers licensed to practice in Virginia each year, asking them to identify which of their peers are the top attorneys across 21 legal specialties. Additionally, up-and-coming attorneys are recognized under the Young Lawyer category. In compiling the 25th edition of […]

Dr. Marlon Levy
Healthcare November 11, 2024

After two years, VCU Health makes Levy permanent CEO

Two years after he first became interim CEO, Dr. Marlon F. Levy has been named VCU Health System’s permanent head. Virginia Commonwealth University announced Monday that Levy’s interim roles as the Richmond-based health system’s CEO and senior vice president for VCU Health Sciences were made permanent in appointments by the VCU Board of Visitors and […]

Introducing Movers and Shakers
Top Stories November 4, 2024

Introducing Movers and Shakers

Virginia Business is pleased to introduce our new Movers and Shakers feature that will allow Virginia businesses and organizations to announce your new employees, promotions, board positions, community notes and leaders to our influential audience. Our editorial team will continue to report on the Virginia business community as we always have, but we are not […]

2022 Virginia 500: Moving up
Editor October 31, 2024

Return to uncertainty

In the wake of the Federal Reserve lowering interest rates by half a percentage point in September, the stock market has been setting records, hiring numbers are trending strong, and the inflation rate has been slowly edging downward. Nevertheless, many businesses — and workers — seem to be in a state of anxious uncertainty, awaiting […]

International Longshoremen's Association workers picket at the Port of Virginia's terminals on Oct. 1, 2024. Photo by Mark Rhodes
Ports/Trade October 3, 2024

Ports strike is suspended as tentative agreement reached

On day three of a massive dockworkers’ strike that was resulting in runs at supermarkets on consumer goods like toilet paper, the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) announced a tentative agreement had been reached and work would resume in ports from Maine to Texas. On Thursday evening, the ILA […]

What a difference a debate makes
Opinion September 29, 2024

What a difference a debate makes

Less than three months ago, President Joe Biden — you remember him, right? — stepped down from his bid for a second term and threw his support behind Democratic nominee Vice President Kamala Harris, radically redefining this fall’s presidential race. Just before that happened, we were beginning to write this month’s cover story about the […]

How we assemble the Virginia 500
Virginia 500 August 29, 2024

How we assemble the Virginia 500

Welcome to our fifth annual edition of the Virginia 500! For those who aren’t familiar with the Virginia 500, we like to say that it’s like the Fortune 500 but instead of companies, it’s about people — specifically, the most powerful Virginia executives and officials in business, nonprofits, higher education, government and politics. The list […]

A BridgeTower to the future
Our View August 29, 2024

A BridgeTower to the future

On July 31, Virginia Business turned the page on a new chapter in our 38-year history as the magazine became part of the BridgeTower Media family of companies. Headquartered in neighboring North Carolina, our new parent company is a portfolio company of Los Angeles private equity firm Transom Capital Group. BridgeTower owns 40-plus B2B media […]

Virginia Gov. Glenn Youngkin speaks on CNBC July 11, 2024, as Virginia is ranked the nation's top state for business for a record sixth time.
Economic Development July 11, 2024

Virginia is CNBC’s Top State for Business for record sixth time

Virginia regained its crown as the No. 1 state in CNBC’s annual America’s Top States for Business rankings released Thursday, winning the top spot for a record sixth time. The cable business news network once again praised Virginia for having “the nation’s best education system and policies that give companies room — both literally and […]

Dominion Energy issues RFP for small modular reactor at North Anna
Energy/Green July 10, 2024

Dominion Energy issues RFP for small modular reactor at North Anna

At an event with Virginia Gov. Glenn Youngkin and other state officials at its North Anna nuclear power plant in Louisa County, Dominion Energy announced plans Wednesday to potentially develop a small modular reactor (SMR) at North Anna. Dominion officials said they were issuing a request for proposals for the SMR from nuclear technology companies, […]

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Top Stories

A Radford native, John Asbury traveled all over the country for his banking career but returned to Virginia in 2016 to lead Atlantic Union Bank. Photo courtesy Atlantic Union Bank

2025 Virginia Business Person of the Year: John Asbury | Atlantic Union Bank

Atlantic Union CEO John Asbury is Virginia Business’ 2025 Business Person of the Year, recognized [...]

The University of Virginia Rotunda. Photo by Jay Paul

U.Va. continues presidential search, despite Spanberger’s call for pause

The University of Virginia's presidential search committee has continued its work in hiring a succes[...]

Lawmakers grapple with Virginia’s increasing energy demand

Virginia SCC approves Dominion gas plant in Chesterfield

Dominion Energy's $1.47 billion natural gas power plant in Chesterfield County received the Virginia[...]

Depositphotos

Amazon to invest $50B to expand federal AI, computing capacity

Amazon plans to invest up to $50 billion to expand artificial intelligence and supercomputing capaci[...]

Retail | Wholesale

Performance Food Group and US Foods terminate merger talks

Goochland County-based Fortune Global 500 company Performance Food Group and US Foods have scrapped [...]

Server room interior in datacenter. Depositphotos

Data center developer to build $3B campus in Caroline

CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn You[...]

People

Brad Pelachyk, the new chief global supply chain officer for BAE Systems.

BAE Systems promotes VP to chief global supply chain officer

24/11/2025

Tara Y. Harrison is retiring as the chief financial officer of Charlottesville-based Virginia National Bank. Photo courtesy Virginia National Bank.

Virginia National Bank CFO to retire

20/11/2025

McLean-based Bogart Wealth has appointed Allen Eickelberg as its chief operating officer. Photo courtesy Bogart Wealth

Bogart Wealth announces new COO

19/11/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]


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