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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Law 2023: MONICA T. MONDAY
Virginia 500 August 30, 2023

Law 2023: MONICA T. MONDAY

On Jan. 1, Monday became chair of the Gentry Locke Executive Board, which the firm formed this year. She previously served as the firm’s managing partner for 10 years, and K. Brett Marston succeeded her as the firm’s managing partner. The William & Mary undergraduate and law school alumna also heads the firm’s appellate practice. […]

Real Estate 2023: BRENDAN BECHTEL
Virginia 500 August 30, 2023

Real Estate 2023: BRENDAN BECHTEL

Serving as CEO since 2016 and chairman since 2017, Bechtel is the fifth generation to lead his family-owned global engineering, construction and project management company. Ranked the nation’s second largest construction company by Engineering News-Record, Bechtel Corp. has completed more than 25,000 projects in 160 countries since its 1898 founding in San Francisco. The firm’s [&helli[...]

Real Estate 2023: GERALD S. DIVARIS
Virginia 500 August 30, 2023

Real Estate 2023: GERALD S. DIVARIS

Divaris co-founded Divaris Group in South Africa in 1974. Since 1981, the firm has been headquartered in Virginia. Divaris Real Estate, one of the companies under the Divaris Group umbrella, opened its first office in the United States in 1982 in Virginia. Along with its Virginia Beach headquarters, Divaris has offices in Newport News, Norfolk, […]

Real Estate 2023: FRANK ‘BUDDY’ GADAMS
Virginia 500 August 30, 2023

Real Estate 2023: FRANK ‘BUDDY’ GADAMS

Gadams and his firm are known for their commercial and residential projects, but he has also led community-based projects like the restoration of the Suffolk Center for Cultural Arts. Gadams founded Marathon in 2000. He is also one of the founders of the YPO (formerly Young Presidents’ Organization) Virginia Chapter. A Downtown Norfolk Council member, […]

Real Estate 2023: TIMOTHY HELMIG
Virginia 500 August 30, 2023

Real Estate 2023: TIMOTHY HELMIG

After joining Monday Properties in 2005, Helmig has led the company to capital investments of more than $16 billion, an expanded multifamily portfolio of 5,300 units, and executed transactions totaling more than 35 million square feet. Helmig’s brother-in-law, Anthony Westreich, founded Monday Properties and acquired a 2.5 million-square-foot Rosslyn portfolio of buildings in 2007, two [&hel[...]

News August 30, 2023

September 2023 Out and About

1.  Virginia Western Community College Associate Professor Jenifer Kurtz helped situate bee colonies into a new home on campus this spring. In July, VWCC announced it had become an affiliate of conservation program Bee Campus USA. Photo by Amy White.  2.  L to R: Frankie Holland, Bob Wilkin, Frank Garrett, Benita Jordan, Ginny Coleman, Ralph […]

Living Legends 2023: THE HON. ROGER L. GREGORY
Virginia 500 August 30, 2023

Living Legends 2023: THE HON. ROGER L. GREGORY

The son of tobacco factory workers, Gregory has spent his life blazing trails. He’s the first person in his family to graduate from high school. After graduating from Virginia State University and the University of Michigan Law School, he and future Gov. L. Douglas Wilder founded a Richmond law firm in 1982. Wilder became the […]

Education 2023: KARL McDONNELL
Virginia 500 August 30, 2023

Education 2023: KARL McDONNELL

McDonnell is CEO of Strategic Education, an education services holding company that owns for-profit Strayer and Capella universities, the Jack Welch Management Institute and nondegree schools DevMountain, Hackbright Academy and Sophia Learning. Strategic Education was formed in 2018 by the $2 billion merger of Strayer Education and Capella Education. McDonnell was previously president and CEO [&he[...]

Federal Contractors | Technology 2023: REX D. GEVEDEN
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: REX D. GEVEDEN

Before joining BWXT in 2015 as its chief operating officer, Geveden was an executive at Teledyne Technologies, as well as a chief engineer and associate administrator at NASA, where he ran support contracts for the International Space Station and helped develop next-generation lunar vehicles. In 2017, he became CEO of the Lynchburg-based manufacturer of nuclear […]

Retail | Wholesale | Food | Beverage 2023: KEVIN MURPHY
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: KEVIN MURPHY

It’s been an eventful year for the North American subsidiary of U.K. plumbing and heating products distributor Ferguson, which saw its revenues jump from $22.8 billion in 2021 to $28.6 billion in 2022. In September 2022, the company, which does almost all its business in North America, announced a collaboration with automaker Ford in which […]

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Top Stories

The 2025 Virginia Icon Honors Awards

The 2025 Virginia Icon Honors Awards

Enduring leadership shapes institutions, communities and workforces. Across Virginia, trailblazing e[...]

MacKenzie Scott gives record $50M to Virginia State University

MacKenzie Scott gives record $50M to Virginia State University

Billionaire philanthropist MacKenzie Scott gives $50 million to Virginia State University, marking i[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 350 employees

Goochland County-based Fortune 500 used car retailer CarMax is laying off about 350 employees nation[...]

Construction workers, bottom right, atop the U.S. Treasury, watch as work continues on a largely demolished part of the East Wing of the White House on Oct. 23, 2025, before construction of a new ballroom. (AP Photo/Jacquelyn Martin)

Two Virginia companies donate to White House ballroom project

Altria Group and Booz Allen Hamilton donating to President Donald Trump’s roughly $300 million Whi[...]

A bronze statute of Lady Justice holding scales

Virginia Supreme Court hears $2B trade secrets case

McLean-based software company Appian argued it should receive the record-breaking $2.04 billion jury[...]

Amazon to pay $2.5B in FTC Prime membership settlement

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

Amazon will cut about 14,000 corporate jobs as it reduces bureaucracy and boosts investment in artif[...]

People

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Germanna Community College announces new president

31/10/2025

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Botetourt hires new economic development director

30/10/2025

Paul Phillips will retire from Freedom First at the end of 2026. Photo courtesy Freedom First Credit Union

Freedom First credit union CEO to retire in 2026

29/10/2025

Regions

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]

Roanoke remembers Hurricane Juan’s 1985 toll

Roanoke remembers Hurricane Juan’s 1985 toll

Forty years ago, remnants of Hurricane Juan dumped buckets of rain on the Roanoke Valley for days. T[...]

Newport News airport shifting beyond commercial flights

Newport News airport shifting beyond commercial flights

Following years of declining commercial air travel, the Newport News-Williamsburg Airport is expandi[...]

Digital Gateway opponents score legal win

Digital Gateway opponents score legal win

A Virginia judge voided the rezoning for the $500M Prince William Digital Gateway project, siding wi[...]


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