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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Thompson_Warren-photo-by-stephen-gosling
Virginia 500 August 29, 2024

Retail 2024: WARREN THOMPSON

Thompson’s start as an entrepreneur came as a teen, when he purchased and ran his family’s hog farm in Windsor. He now heads the largest minority-owned food and facilities management corporation in the nation, which he founded in 1992 with the purchase of 31 Bob’s Big Boy restaurants. Thompson Hospitality provides dining services for more […]

Faw_gwen
Virginia 500 August 29, 2024

Banking | Finance 2024: GWEN FAW

In April, Faw, who has worked at Wells Fargo for close to three decades, was named the regional executive for the greater Virginia market, a territory that spans from Virginia Beach to Bristol. She replaced Janet M. Tope, who worked at Wells Fargo for more than 35 years before retiring this spring.    Faw, who lives […]

Desai_Neel
Virginia 500 August 29, 2024

Hospitality | Tourism 2024: NEEL DESAI

Desai joined LTD Hospitality Group in 1998 as the second generation of the family-owned hotel development and management company co-founded by Desai’s father in 1983. As a managing principal, he oversees property management and the profitability of its portfolio. Following in those entrepreneurial footsteps, Desai in 2021 invested in Dallas-based fast food franchise Super Chix […]

George_Michael_0026
Virginia 500 August 29, 2024

Hospitality | Tourism 2024: MICHAEL GEORGE

A 40-year hospitality industry veteran, George founded Crescent Hotels & Resorts in 2001. The company operates more than 100 hotels and resorts in the U.S and Canada. Its hotel portfolio includes Marriott, Hilton and Hyatt brands, along with the Latitudes: Lifestyles by Crescent collection of independent hotels and resorts. In May, Crescent added the dual-branded […]

Dean_Bill_H
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: WILLIAM H. ‘BILL’ DEAN

In August 2023, Dean opened the doors to a new, 168,000-square-foot building on his company’s manufacturing campus in Caroline County, completing a five-year, $63 million phase three expansion that created more than 500 jobs in Virginia. It’s just the latest development for Dean, who grew the relatively small business that his grandfather started in 1949 […]

Dr. Craig Kent was CEO of UVA Health until his resignation in February 2025. Photo courtesy University of Virginia
Virginia 500 August 29, 2024

Health Care 2024: DR. K. CRAIG KENT

Since joining UVA Health in 2020, Kent, a vascular surgeon who grew up in Nevada, has overseen significant expansion of the integrated health system. With University of Virginia President Jim Ryan, Kent helped establish the $350 million Paul and Diane Manning Institute of Biotechnology, which broke ground in late 2023. Recognizing Kent’s work, members of […]

Dr. Marlon Levy
Virginia 500 August 29, 2024

Health Care 2024: DR. MARLON LEVY

Levy has held his interim posts for nearly two years since Virginia Commonwealth University leadership pushed Dr. Art Kellermann to resign. Kellermann’s November 2022 exit came shortly before news broke in 2023 that VCU Health had paid approximately $73 million to back out of a $325 million development project that Kellermann warned against. Levy appeared […]

Ira
Virginia 500 August 29, 2024

Real Estate 2024: MARK DAVID EIN

Founded in 1972, Kastle Systems is a building and security systems provider that employs 700 people, including more than 100 Virginians. An investor, entrepreneur and philanthropist, Ein also is a minority owner of the Washington Commanders as of 2023. Ein is founder and owner of MDE Sports, which owns the Mubadala Citi DC Open tennis […]

Hardee_carl
Virginia 500 August 29, 2024

Real Estate 2024: CARL L. HARDEE

Hardee has been with Lawson Cos. for more than half of its 52-year tenure, and he became president and CEO in 2016. He oversees a 190-employee real estate company specializing in the development, construction and management of affordable, low-income and market-rate multifamily housing communities. Although the company got its start in Hampton Roads and still […]

Conston-Marcia-USE-THIS-ONE
Virginia 500 August 29, 2024

Education 2024: MARCIA CONSTON

Conston became TCC’s sixth president in January 2020, just before the pandemic. Laser-focused on ensuring student success despite the daunting challenge, she guided the college forward with a strategic plan — Innovate 2026 — and a vision “to be the community’s first choice for education, opportunity, partnership and innovation.” The second largest college in the Virginia […]

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Top Stories

Virginia Gov. Glenn Youngkin speaks at a Sept. 16, 2025, news conference announcing a $5 billion Eli Lilly pharmaceutical manufacturing plant for Goochland County. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Youngkin takes chairman role at Red Cell Partners

Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technolo[...]

Tatia Daniels Granger. Photo courtesy Averett University

Averett University names next president, its fourth in 18 months

Tatia Daniels Granger becomes Averett University's fourth president in 18 months as the Danville sch[...]

KevinMurphy_500Web

Ferguson planning $1.6B acquisition of Texas valve distributor

Ferguson Enterprises announced that it has agreed to acquire FloWorks for $1.6 billion from private[...]

Michael LaRouche. Photo courtesy Serco

Serco CEO is leaving to lead KBR spinoff

Serco CEO Michael LaRouche is leaving the company to lead the planned spinoff of KBR's Mission Tec[...]

At the Norfolk International Terminals, four ultra-large container vessel berths are in operation. Photo courtesy Port of Virginia

Virginia ranks No. 3 in CNBC Top States for Business list

Virginia is ranked third in the annual CNBC Top States for Business list, up one spot from last year[...]

Server room interior in datacenter. Depositphotos

Prince William supervisors reject another big data center project

The Prince William County Board of Supervisors on Tuesday night rejected a comprehensive plan amendm[...]

People

Diana Cantor. Photo courtesy VCU Health

Richmond-area attorney is first elected chair of VCU Health

15/7/2026

Robin-Rossmann

CoStar taps European managing director as next CFO

15/7/2026

Andrew Boyd

Tyto Athene taps former IBM executive as CEO

8/7/2026

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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