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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

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Prince William Digital Gateway data center project officially dies

The controversial Prince William Digital Gateway, a proposed 23 million-square-foot data center comp[...]

2026 Top Projects & Real Estate Deals

2026 Top Projects & Real Estate Deals

Virginia’s commercial real estate developers, contractors and dealmakers delivered an impressive a[...]

An early conceptual plan for the Tuckahoe Technology Park. Image courtesy Goochland County

Tract planning 872-acre data center campus in Goochland

Denver-based data center developer Tract has proposed a 900-megawatt data center campus in eastern G[...]

Depositphotos

Rocket Lab to acquire McLean-based Iridium in $8B deal

Rocket Lab will acquire McLean-based Iridium Communications in an $8 billion deal, expanding its sat[...]

An aerial view of the property Buc-ee's purchased in Stafford County to pave the way for a travel center. Image courtesy S.L. Nusbaum Realty Co.

Buc-ee’s purchases Stafford site for planned travel center

Buc-ee's has purchased more than 35 acres in Stafford County near Interstate 95's Exit 140, paving t[...]

The interior of a data center

Digital Realty to buy Alexandria VC firm founded by Warner

Digital Realty plans to acquire Alexandria venture capital firm Columbia Capital in a deal that coul[...]

People

Sally Coleman Selden became the University of Lynchburg‘s 12th president on July 1. Photo courtesy University of Lynchburg

University of Lynchburg’s 12th president assumes role

2/7/2026

Jessica Hersey. Photo courtesy CGI Federal.

CGI Federal names SVP of defense, intelligence, space

30/6/2026

Jacco van Teeffelen. Photo courtesy The Omni Homestead Resort & Spa

Omni Homestead taps new managing director

23/6/2026

Regions

Newport News, Virginia Tech and state officials on April 22 hold a ribbon cutting to celebrate SEFC’s opening. Photo by Josh Janney/Virginia Business

Energy tech hub opens in Newport News

The Secure Energy Future Center backed by Virginia Tech opens in Newport News with $2.7 million fund[...]

The new Volvo VNR 300 was introduced in February. Photo courtesy Volvo Trucks North America

Volvo Trucks’ Dublin plant rolls out regional hauler

Volvo Trucks North America’s Dublin plant has begun production of the new VNR regional hauler, boo[...]

Tenaska, a Nebraska energy company, hopes to build a battery energy storage project near Leesburg. Photo by Alamy

$750M battery storage project eyed in Loudoun

Energy company Tenaska is seeking approval for a $750 million, 425-megawatt battery energy storage p[...]

A rendering of Virginia Technology Park, a data center campus proposed in Frederick County Image courtesy Frederick County

Valley communities prepare for data centers

As interest in data centers grows across Virginia, Shenandoah Valley communities are debating how to[...]


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