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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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. […]

Manufacturing 2023: WILLIAM ‘BILLY’ GIFFORD JR.
Virginia 500 August 30, 2023

Manufacturing 2023: WILLIAM ‘BILLY’ GIFFORD JR.

Gifford became Fortune 500 tobacco product manufacturer Altria’s CEO in 2020, after having served as president and CEO of subsidiary Philip Morris USA and holding other executive posts at Altria for the past 25 years. After four challenging years, during which Altria saw the value of its 35% stake in Juul Labs’ e-cigarette company plummet […]

Nonprofits | Philanthropy 2023: ELIZABETH A. McCLANAHAN
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: ELIZABETH A. McCLANAHAN

McClanahan brings a wealth of experiences in law, leadership and higher education to her role as CEO of the Virginia Tech Foundation. A lifelong Virginian and former justice on the Supreme Court of Virginia, her ties to the university go back much further than her current position, which she took up in 2021. She has […]

Telecommunications 2023: ERNEST ‘ERNIE’ ORTEGA
Virginia 500 August 30, 2023

Telecommunications 2023: ERNEST ‘ERNIE’ ORTEGA

Ortega began 2023 by announcing GTT had completed its financial restructuring and was marking “the beginning of an important new chapter” as a “customer-focused managed services provider.” Two weeks later, he revealed the company’s new marketing tagline, “Making exceptional possible.”  In 2021, the global provider of managed network and security services sold its infrastructure [...]

Professional Services 2023: JEREMY BLANK
Virginia 500 August 30, 2023

Professional Services 2023: JEREMY BLANK

Blank has worked at Big Four global accounting firm Deloitte since 1995, moving from a tax practice partner at the accounting firm to his current market leader position in January 2022. His expertise includes tax research and analysis, tax planning, mergers and acquisitions, tax technology and compliance. In fiscal year 2022, Deloitte reported record revenues […]

Law 2023: THE HON. MARK STEVEN DAVIS
Virginia 500 August 30, 2023

Law 2023: THE HON. MARK STEVEN DAVIS

Davis’ connection to the sea goes back to his specialty in maritime law in private practice, previously representing the company that won salvage rights to the Titanic. Davis joined McGuireWoods in 1989, became partner in 1996 and left in 1998 to join Carr & Porter. From 2003 to 2008, he served as a Portsmouth Circuit […]

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Top Stories

Supporters depart a campaign rally against Virginia Democrats' proposed state redistricting constitutional amendment ahead of the referendum special election on April 21, in Bridgewater, Virginia, April 11, 2026. REUTERS/Ken Cedeno/File Photo

Virginians approve new congressional map that could flip 4 GOP seats

Virginia voters approved a new Democratic congressional map that could flip four Republican seats, b[...]

Bon Secours St. Francis Medical Center in Chesterfield County. Photo by Kira Jenkins/Virginia Business

Bon Secours plans to appeal VDH approval of rival Chesterfield hospitals

Bon Secours has filed appeals challenging state approvals for hospital projects from competitors VCU[...]

Depositphotos

Henrico to sell Crossings Golf Club to N.C. company

McConnell Golf plans a roughly $9 million investment to acquire and redevelop the 268-acre The Cross[...]

Depositphotos

Federal judge blocks $6B Nexstar-Tegna TV merger

A federal judge blocked the $6 billion Nexstar-Tegna merger pending an antitrust lawsuit, citing con[...]

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Fed sees modest economic growth in Fifth District

Economic activity in the Federal Reserve’s Fifth District grew at a modest pace in recent weeks, a[...]

An L3Harris Technologies employee at work at the company's Orange County site. Photo courtesy L3Harris Technologies

L3Harris plans $1.27B expansion in Orange, creating 350 jobs

L3Harris Technologies announced a $1.27 billion expansion of its rocket motor production operations [...]

People

HCA Healthcare is promoting Dr. Jennifer Bocker to division chief medical officer for its Capital Division, effective May 1, 2026. Photo courtesy HCA Healthcare

HCA taps chief medical officer for Capital Division

16/4/2026

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AeroVironment promotes executive to CFO

13/4/2026

Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C. regional office. Photo courtesy Divaris Real Estate

Divaris appoints managing principal broker of D.C. regional office

10/4/2026

Regions

U.Va. Wise’s SMR control room simulator will aid workforce development, says Chancellor Donna P. Henry. Photo courtesy University of Virginia’s College at Wise

U.Va. Wise installs SMR control room simulator

U.Va. Wise installed a NuScale SMR control room simulator funded by a Virginia Clean Energy grant to[...]

In January, Petersburg became Virginia’s fifth city with a casino. Photo by Jay Paul

Petersburg rolls out temporary Live! Casino

Petersburg launched a temporary Live! Casino featuring 900 slot machines and 30 table games while th[...]

A casino could be in the cards for Winchester. Rendering courtesy Winchester Economic Development Authority

Winchester Council greenlights casino study

Winchester City Council approved a feasibility study for a casino and entertainment complex, with a [...]

Norfolk International Airport officials and regional elected leaders celebrated the opening of the international arrivals facility. Photo by Josh Janney

Norfolk airport undergoes $1B modernization

As passenger numbers at Norfolk International Airport grow past pre-pandemic levels, the airport is [...]


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