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Recent Articles from Virginia Business
StartVirginia: September 2023 Heard Around Virginia
McLean-based Affect Therapeutics, a substance addiction therapy startup, raised $16 million in a Series A funding round to expand its operations and further develop its mobile app. The company delivers therapy and treatments for specific substance use disorders through its app. The company plans to use much of the money it raised to expand into […]
Arts | Entertainment | Sports 2023: CORAN CAPSHAW
Capshaw, the founder of 32-year-old music management company Red Light Management, is the driving force behind a newly approved 7,500-capacity riverfront amphitheater in Richmond. The $30 million project, expected to open in 2025, has drawn comparisons to Colorado’s famed Red Rocks Amphitheatre. Capshaw also developed the Ting Pavilion on Charlottesville’s Downtown Mall and the Ascend [&hellip[...]
Federal Contractors | Technology 2023: JIM BRINKER
Brinker runs Intel’s Fairfax-based federal contracting arm, overseeing strategy, business development, sales, contracts, program management and engineering. A University of Florida graduate, Brinker joined Intel in 2015 as director of extreme scale computing, and was promoted to his current position in 2019. Before that, he was a vice president at Silicon Graphics Federal. Brinker is […]
Retail | Wholesale | Food | Beverage 2023: ARIE KOTLER
In June, Arko, the nation’s sixth largest convenience store chain, with more than 1,500 company-operated stores in 30 states, made the Fortune 500 list for the second time, ranked at No. 460, 38 places higher than its 2022 debut. The parent company of Henrico-based GPM Investments, Arko brought in $72 million in net income in […]
Finance | Insurance 2023: JEFF WRIGHT
Well into his second year as CEO of the German travel insurance and assistance company’s U.S. subsidiary, Wright carries with him a “love for extreme technical financial concepts” that led him to choose a career in the insurance industry. Wright earned his bachelor’s degree from the University of Richmond and his MBA at the University […]
Government | Politics 2023: WINSOME EARLE-SEARS
Earle-Sears wanted to be a lawyer, but after being accepted to law school, she had a change of heart, she says, and then “life got in the way.” Instead, she served in the U.S. Marine Corps, was elected to a term in the House of Delegates, managed a homeless shelter and spent a decade as […]
Hospitality | Tourism 2023: JIM McGLOTHLIN
McGlothlin has always had an innate sense for a good business opportunity. He built a fortune from coal mines and then pivoted to hospitality as the coal business began to recede. A William & Mary alumnus, McGlothlin has a bachelor’s degree in psychology and a law degree. He started out as a lawyer in Grundy, […]
Real Estate 2023: MARK J. HOURIGAN SR.
After stints with Westinghouse and Galloway, Mark Hourigan founded construction and development company Hourigan Group in 1993. The company has more than 200 employees, all based in Virginia. Notable Hourigan Group projects include the 17-story VCU Health Adult Outpatient Pavilion and the University of Richmond’s 8,700-seat Robins Stadium, as well as Apex Plaza, a mixed-use […]
Real Estate 2023: JON PETERSON
Founded in 1965 by Peterson’s late father, Milt, Peterson Cos. is responsible for some of the most prominent and successful mixed-use retail, residential and office developments in Northern Virginia and Maryland, including Fairfax Corner, Fair Lakes, National Harbor, Burke Centre and Tysons McLean Office Park. In 2021, the company branched out to self-storage, opening its […]
Economic Development 2023: BRYAN K. STEPHENS
Stephens has headed the Hampton Roads Chamber for the past 10 years, promoting business concerns in the region, home to Naval Station Norfolk, the world’s largest naval complex, as well as significant manufacturing and hospitality sectors. The chamber maintained its U.S. Chamber of Commerce five-star accreditation in 2022, placing it in the top 1% of […]
