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Home>Rich Griset

Rich Griset

Recent Articles from Rich Griset

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CEO Pay September 29, 2024

The supersize era

In June, Tesla shareholders reaffirmed their intention to award the largest CEO compensation package in history to the automotive company’s controversial leader, Elon Musk. Valued as high as $56 billion, the deal had previously been thrown out by a Delaware judge, citing a failure by members of Tesla’s board to disclose conflicts of interest with […]

A smaller slice of the pie
features May 31, 2024

A smaller slice of the pie

In health care, there’s a moment when mistakes are more likely to occur: shift changes. As rigorously as medical staff may document patient histories, these “handoffs” can present a weak link in care. According to The Joint Commission, a health care quality assessment organization, miscommunication contributes to two-thirds of serious adverse events in hospitals. “Handoffs […]

Building support
Start Virginia May 30, 2024

Building support

Gov. Glenn Youngkin made headlines last December when he announced a $90 million-plus pitch to launch “Virginia’s Research Triangle.” Initially envisioned as a cooperative initiative among Virginia Commonwealth University, Virginia Tech and the University of Virginia, the triangle was expanded into more of a rhombus following the addition of Old Dominion University to the research [&hell[...]

Riding the silver tsunami
Cover Story April 29, 2024

Riding the silver tsunami

As a registered nurse unit coordinator and charge nurse at Sentara CarePlex Hospital in Hampton, Andrea Samuel spends her days communicating with doctors and nurses in addition to administering direct bedside care. A Miami native, Samuel entered nursing school at age 19 and has worked for Sentara since 1991. She celebrated her 78th birthday in […]

America is “dangerously dependent on foreign sources for some of our most critical essential medicines,” says Phlow CEO Dr. Eric Edwards (L), who co-founded the Richmond-based pharmaceutical startup with Frank Gupton (R).
Economic Development January 30, 2022

Economic healing

Over the years, Petersburg has become accustomed to bad economic news. After Brown & Williamson Tobacco Corp., Petersburg’s largest employer for decades, left the city in 1985, Petersburg suffered an economic downturn from which it’s never quite recovered. More recently, in 2016, Petersburg city government had a roughly $12 million shortfall in its operating budget, […]

Gold Key | PHR CEO Bruce Thompson has begun construction on the final phase of his $435 million Cavalier Resort, a 21-acre collection of hotels, restaurants and housing on Virginia Beach’s Oceanfront. Photo by James Lee
Cover Story November 29, 2021

2021 Virginia Business Person of the Year: Bruce Thompson

Standing on a hill overlooking the Atlantic Ocean, the Cavalier Hotel is a callback to a time when Virginia Beach was a sleepy little resort town inside Princess Anne County. Opened in 1927 as the largest brick building in the state, the Cavalier was a product of the Jazz Age. Over the years, the Y-shaped […]

Arlene Guzman works at Henrico County-based Radio Poder 1380 AM, but dreams of starting a food business. Photo by Shandell Taylor
Regions October 28, 2021

Program aims to boost Latino entrepreneurship

Arlene Guzman had a small restaurant in Puerto Rico, but “I never felt like I had the training” to be an entrepreneur, she says through a bilingual interpreter. “This is why I sought this opportunity.” A mother of two and grandmother of two, the 52-year-old Richmond-area resident is in the inaugural class of Richmond’s Latino […]

Developers of the Henrico County ecodistrict see GreenCity’s arena as a home for hockey and basketball. Rendering courtesy GreenCity
Regions August 30, 2021

GreenCity arena hopes to draw sports, music acts

When developers unsuccessfully pitched Navy Hill, a $1.5 billion mixed-use project and arena that sought to reinvent Richmond’s downtown, they posed a question: If a major draw like Beyoncé came to town, where would she perform? Now those same developers are aiming to host artists like Justin Timberlake, Green Day and John Legend at GreenCity, […]

Roanoke’s Blue Ridge Marathon returned in spring 2021. Photo courtesy Roanoke Outside Foundation
Regions July 30, 2021

Roanoke region anticipates outdoor events boon

For more than a century, Roanoke has been known as a rail town. But in recent years, the city has endeavored to rebrand itself as a trail town. Since 2008, the Roanoke region has worked to leverage its vast outdoor assets to attract business investment and talent with its high quality of life, as well […]

Developer George Emerson, seen at his Moore’s Lake project in Chesterfield County, says the county’s zoning process is lengthy and expensive. Photo courtesy Matthew R.O. Brown
Regions June 30, 2021

Chesterfield eyes zoning overhaul to boost development

In 1980, developer George Emerson stood in a wooded area of Chesterfield County’s Bermuda district and told a contractor where he wanted to build a road. Without any formal plan endorsed by the county, Emerson built the Walthall Industrial Parkway, opening the adjacent land for industrial development. Times have changed, and so has the process […]

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Top Stories

Virginia Gov. Abigail Spanberger was sworn in as Virginia’s 75th governor, the first woman to hold the office, on Jan. 17, 2026. Photo by Kira Jenkins/Virginia Business

Spanberger sworn in as Virginia’s first woman governor

Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia'[...]

The University of Virginia Rotunda. Photo by Jay Paul

5 U.Va. board members resign at Spanberger’s request

The New York Times reported Friday evening that three University of Virginia board members have resi[...]

An offshore wind turbine. A boat sits in the background.

Federal court grants Dominion injunction, allowing offshore wind construction to proceed

Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resum[...]

Depositphotos

Virginia luxury packaging provider plans $34M HQ expansion

Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and mo[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

People

Dr. Ameya Kulkarni being named Kaiser's executive director.

Kaiser Permanente names mid-Atlantic medical director

15/1/2026

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Real Estate Information Network's new president John Chandler. Photo courtesy REIN

REIN announces 2026 board of directors

12/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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