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Home>Richard Foster

Richard Foster

[email protected]

Recent Articles from Richard Foster

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, […]

October 2023 Virginia Business cover
News June 22, 2024

Virginia Business wins three national journalism awards

Virginia Business won three national journalism awards June 21, placing silver in three categories at The Alliance of Area Business Publishers’ (AABP) 2024 Editorial Excellence Awards ceremony, held in Baton Rouge, Louisiana. The magazine took home a silver award in the Best Magazine Cover Category for the November 2023 cover, an AI-generated photorealistic illustration of […]

2024 Virginia Business CFO Awards. From left: Virginia Business President and Publisher Bernie Niemeier; Large company winner: Sean Daily, CAES; Nonprofit/Government winner: John Zabrowski, VHC Health; Small company winner: Joel Flax, Cohen Investment Group; Richard Foster, Virginia Business editor/chief content editor. Photo by Rick DeBerry.
News June 13, 2024

Virginia Business announces 2024 Va. CFO Awards winners

Virginia Business recognized some of the state’s top chief financial officers from nonprofits and businesses across the commonwealth Thursday at its 2024 Virginia CFO Awards ceremony. This year’s Virginia CFO Awards black-tie banquet — the largest annual gathering of CFOs in Virginia — was held at The Jefferson Hotel in Richmond. “Being nominated for these […]

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Top Stories

Government | Politics | Lobbying 2025: LUCAS, SEN. L. LOUISE

FBI raids Sen. Louise Lucas’ office, business in Portsmouth

FBI agents raided Virginia Democratic Sen. Louise Lucas' Portsmouth district office and nearby canna[...]

Private: 2026 Virginia Forty under 40 Awards

2026 Forty Under 40 Awards

Across Virginia, a rising generation of professionals is stepping into leadership roles, shaping ind[...]

Real Estate 2023: BENJAMIN SCHALL

AvalonBay discussing merger with Equity Residential, Bloomberg reports

Arlington-based AvalonBay Communities is in early discussions about a potential merger with Chicago-[...]

A rendering of VCU Health's Pauley Heart Center Pavilion. Image courtesy VCU Health

VCU Health breaks ground on $90M facility in Richmond

VCU Health on Wednesday broke ground on a new $90 million medical facility in Richmond’s Diamond D[...]

H. Garrett Hart III. Photo courtesy Chesterfield County

Chesterfield economic development director to retire in January

Chesterfield economic development leader Garrett Hart will retire after helping secure more than $12[...]

The Jefferson Lab is based in Newport News. Photo by Josh Janney

New details emerge on Jefferson Lab transition in June

New details about the future of the Jefferson Lab have emerged following last month’s announcement[...]

People

Zachary C. Lauer. Photo courtesy Trex

Winchester’s Trex names COO

5/5/2026

BridgeTower Media names Sandy Almendarez vice president of content

BridgeTower Media names Sandy Almendarez vice president of content

4/5/2026

Booz Allen Hamilton's new Chief Financial Officer Troy Lahr. Photo courtesy Sierra Space

Booz Allen hires former Boeing exec as CFO

28/4/2026

Regions

A rendering of the Valley Health Winchester Medical Center Mary Free Bed Rehabilitation Tower Rendering courtesy Valley Health

Valley Health to expand with two new buildings

Valley Health is expanding its Winchester campus with a $20.9 million behavioral health pavilion and[...]

A hydrogen power plant could be located at the Lonesome Pine Regional Business & Technology Park in Wise County. Photo courtesy Wise County Industrial Development Authority

Data center developers seek on-site energy in Wise

Wise County data center developers plan a $1 billion campus powered by hydrogen or natural gas, aimi[...]

Gov. Abigial Spanberger vetoed a bill that would have allowed a casino in the Tysons area. Photo by Adobe Stock

Spanberger says no to Fairfax casino with veto

Gov. Abigail Spanberger vetoed a bill that would have allowed a Fairfax County casino referendum, ci[...]

A rendering prepared by Cox, Kliewer & Co. of the data center rejected by Chesapeake City Council last year Rendering courtesy City of Chesapeake

Chesapeake considers stricter data center regulations

Chesapeake city officials consider new zoning rules to regulate data center development near residen[...]


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