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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Manufacturing 2023: ROBERT H. SPILMAN JR.
Virginia 500 August 30, 2023

Manufacturing 2023: ROBERT H. SPILMAN JR.

Spilman, who has been CEO of home furniture manufacturer and seller Bassett Furniture since 2000, said in March that the company has fulfilled a large backlog of orders and subsequent supply chain disruptions created during the pandemic. In the second quarter, consolidated revenue declined by 22% compared with last year, although the reported $100.5 million […]

Nonprofits | Philanthropy 2023: CHARLES D. ‘CHUCK’ HENDERSON
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: CHARLES D. ‘CHUCK’ HENDERSON

Henderson was appointed the American Diabetes Association’s permanent CEO in May 2022, having previously served as interim CEO for six months. He joined ADA in 2020 as chief development officer and previously was president and CEO of Champion Fire & Security, a Texas-based emergency services company. He also worked for MTV Networks in content and […]

Nonprofits | Philanthropy 2023: TIM ROSE
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: TIM ROSE

As CEO of the U.Va. Foundation for the past three decades, Rose oversees most of the real estate endeavors for the state’s flagship public university and its associated organizations. Currently, Rose is working with U.Va. on a large affordable housing project, as well as the construction of a $130.5 million hotel and conference center, set […]

Law 2023: DAVID C. BURTON
Virginia 500 August 30, 2023

Law 2023: DAVID C. BURTON

Burton’s practice centers on corporate, labor, employment and immigration law, while he also manages his firm’s Hampton Roads offices. The itch to enter law began with his family. “My father was a journalist with Richmond Newspapers Inc.,” says Burton, who earned his law degree from the University of Richmond. “He was a reporter [covering] Henrico […]

Economic Development 2023: JONATHAN S. BELCHER
Virginia 500 August 30, 2023

Economic Development 2023: JONATHAN S. BELCHER

In addition to leading the Virginia Coalfield Economic Development Authority, Belcher has also headed up the Virginia Coalfields Expressway Authority since 2020. This year, the Virginia Department of Transportation received $7 million from the federal government, which the expressway authority will use to widen a 2-mile stretch of U.S. Route 460 in Buchanan County into […]

Economic Development 2023: TELLY TUCKER
Virginia 500 August 30, 2023

Economic Development 2023: TELLY TUCKER

A graduate of James Madison University, Tucker previously was director of Arlington Economic Development, and also served five years as director of economic development for Danville, before returning to Southern Virginia in May 2022 to head up IALR, a regional hub for advanced manufacturing training initiatives and economic development. This year, IALR’s Accelerated Training in […]

Retail | Wholesale | Food | Beverage 2023: ELIZABETH ‘LIZA’ MYERS BORCHES
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: ELIZABETH ‘LIZA’ MYERS BORCHES

Founded in 1924 by Borches’ great-grandfather, Carter Myers Automotive is Virginia’s fifth largest car sales group; it garnered $933 million in revenue during fiscal year 2022 and employs more than 1,000 people in Virginia. Since 2012, when Borches became CEO, CMA has grown to 23 dealerships. In September 2022, the company purchased Lynchburg’s Craft Automotive […]

Retail | Wholesale | Food | Beverage 2023: DENNIS ELLMER
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: DENNIS ELLMER

Ellmer launched Priority Auto in 1999 with the acquisition of two dealerships in Chesapeake. By 2023. he grew the business to No. 55 on Automotive News’ list of the top 150 dealer groups in the U.S., based on the 14,447 new vehicles the dealership sold in 2022. In June, auto retail giant Lithia Motors announced […]

Finance | Insurance 2023: MARY McDUFFIE
Virginia 500 August 30, 2023

Finance | Insurance 2023: MARY McDUFFIE

This year marks the 90th birthday of Navy Federal, the world’s largest credit union. As a leader focused on helping others thrive, McDuffie sees this milestone as an occasion to celebrate the credit union’s dedication to its members, writing on LinkedIn, “I’m thankful every day to be part of an organization that puts its people […]

Finance | Insurance 2023: ALBERTO SCHIAVON 
Virginia 500 August 30, 2023

Finance | Insurance 2023: ALBERTO SCHIAVON 

Schiavon, who joined Elephant Auto Insurance in 2017 as its head of marketing and pricing, became CEO just eight months later. The Italian executive (who shares a name with an Italian Olympic snowboarder) earned his MBA from the University of Manchester in England and his undergraduate engineering degree at the University of Padova in Italy. […]

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Top Stories

Virginia 500: The 2025-26 Power List

Virginia 500: The 2025-26 Power List

Who are Virginia’s most powerful and influential leaders in business, government, politics and[...]

Skanska completes offshore wind staging project at Port of Virginia

Trump administration withdraws $39.27M for Norfolk offshore wind project

The Trump administration withdrew $39.27 million in federal funding that had been awarded for an off[...]

Virginia eyes nuclear to power booming data centers

Virginia eyes nuclear to power booming data centers

Data centers devouring nearly a quarter of Virginia’s electricity, leaders push nuclear power, fro[...]

Mary Baldwin University President Jeff Stein. Photo courtesy MBU

Mary Baldwin University president resigns; new president named

Mary Baldwin University announced this week that president Jeff Stein has resigned, after only two y[...]

U.Va. board votes to continue gender-affirming care for existing patients under 19

Virginia Democrats reject more Youngkin university board appointees

Three high-ranking Senate Democrats have sent a letter to the governor asking him to suspend future [...]

AstraZeneca plans multibillion-dollar pharma factory in Virginia

AstraZeneca to locate pharma plant in Albemarle

AstraZeneca and Eli Lilly & Co. are planning to locate major manufacturing facilities in Albemarle [...]

People

US housing market shifts toward buyers as prices cool

Kettler names president of development

8/9/2025

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Zephyr AI taps new CEO

5/9/2025

Retired Coast Guard captain is new Christopher Newport biz school dean

Retired Coast Guard captain is new Christopher Newport biz school dean

4/9/2025

Regions

Nostalgia-fueled Colony House reopens

Nostalgia-fueled Colony House reopens

Thanks to $10 million in 21st-century improvements, Roanoke’s Colony House Motor Lodge will on[...]

Chesterfield zoning update moves forward

Chesterfield zoning update moves forward

Chesterfield County advances ZOMod, its zoning overhaul aligning rules with growth goals. Final vote[...]

Peninsula businesses to get capital boost

Peninsula businesses to get capital boost

Small and midsize businesses in distressed and underserved areas of Hampton and Newport News will be[...]

Marion museum aims to ‘Do the Dew’

Marion museum aims to ‘Do the Dew’

The Birthplace of Modern Mountain Dew museum is expected to draw thousands of tourists with a thirst[...]


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