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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Real Estate 2023: JON PETERSON
Virginia 500 August 30, 2023

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
Virginia 500 August 30, 2023

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 […]

Federal Contractors | Technology 2023: JAMES J. RHYU
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: JAMES J. RHYU

Rhyu has led online learning company Stride since January 2021. Founded in 2000 and formerly known as K12, the company provides K-12 education for students and schools, including career learning services for middle and high school curricula, and offers programs for the military and businesses, as well as professional skills training in health care and […]

Media: DOUG DAVIS
Virginia 500 August 30, 2023

Media 2023: DOUG DAVIS 

Davis brought with him more than a quarter-century of experience in the Virginia broadcast world when he stepped into the role of senior vice president and regional manager of Nexstar Media Group in 2017. His first broadcasting job in the region was at WVEC-TV, followed by stints as local sales manager of Norfolk’s WAVY-TV 10, […]

Retail | Wholesale | Food | Beverage 2023:  WILLIAM D. ‘BILL’ NASH
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: WILLIAM D. ‘BILL’ NASH

Nash began at CarMax in 1997 as an auction manager, working his way up to president and CEO in 2016. Founded in 1993 in Richmond as a subsidiary of electronics retailer Circuit City, CarMax is the country’s largest retailer of used cars, reporting $31.9 billion in 2022 revenue and employing more than 30,000 people. In […]

Hospitality | Tourism 2023: MICHAEL GEORGE
Virginia 500 August 30, 2023

Hospitality | Tourism 2023: MICHAEL GEORGE

A 40-year hospitality industry veteran, George founded Crescent Hotels & Resorts in 2001. The company operates more than 90 hotels and resorts and more than 250 restaurants and bars in the U.S and Canada. Its hotel portfolio includes Marriott, Hilton and Hyatt brands, along with a collection of independent hotels and resorts. This spring, Crescent […]

Manufacturing 2023: JON MOORE
Virginia 500 August 30, 2023

Manufacturing 2023: JON MOORE

Head of the tobacco products manufacturer since 2019, Moore has worked under parent company Altria Group since 2003, serving as vice president of its heated tobacco products division and director of marketing for NuMark, Altria’s early e-vapor subsidiary started in 2013. Today, he leads the nation’s leading cigarette producer, established in 1847 in London. Today […]

Manufacturing 2023: GREGORY TREPP
Virginia 500 August 30, 2023

Manufacturing 2023: GREGORY TREPP

In 1996, Trepp joined appliance manufacturer Hamilton Beach as its director of marketing and has since held various senior and executive leadership positions within the company. In 2017, he became president and CEO, overseeing the company’s consumer, international and commercial divisions. He also previously served as the CEO of various subsidiaries, including Hamilton Beach’s Canadian[...]

Nonprofits | Philanthropy 2023: LAWRENCE A. ‘LARRY’ SELZER
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: LAWRENCE A. ‘LARRY’ SELZER

Selzer has led The Conservation Fund, an environmental nonprofit that aims to restore nature while creating economic and recreational opportunities, since 2001. Last year was one of the fund’s most impactful years in its nearly 40-year history. The organization made significant strides in its efforts to expand public access to nature, protect at-risk Black history […]

Transportation 2023: RANDY CLARKE
Virginia 500 August 30, 2023

Transportation 2023: RANDY CLARKE

In July 2022, Clarke joined WMATA, the Washington, D.C., regional public transit system, which manages the Metro subway system and Metrobus. He took leadership of WMATA when it was struggling with lingering low ridership from the pandemic and the removal of 60% of its railcars due to a wheel defect. Things have picked up somewhat. […]

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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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