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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Belcher_Jonathan
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 […]

Tucker_Telly-HannahKingPhoto
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 […]

Borches_Liza
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 […]

Ellmer_Dennis
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 […]

McDuffie_Mary
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 […]

Schiavon_Alberto
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. […]

Gifford_Billy
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 […]

McClanahan_Elizabeth
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 […]

Ortega_Ernie
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 [...]

Blank_Jeremy
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 […]

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Top Stories

ASRC Federal President and CEO Mike Manzo. Photo courtesy ASRC Federal

ASRC Federal names new CEO, as Felix steps down

ASRC Federal, the Reston-based federal contractor and subsidiary of Arctic Slope Regional, has a new[...]

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[...]

People

Peraton’-new-CFO-Salim-Omar

Peraton promotes acting CFO to permanent role

16/7/2026

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

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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