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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Nonprofits | Philanthropy 2023: KEVIN A. LYNCH
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: KEVIN A. LYNCH

The National Industries for the Blind (NIB) plays a critical role in enhancing the independence of people who are blind by offering career training and connecting them to employment opportunities. Lynch has worked for the NIB and its associated agencies since 1994, serving as president and CEO since 2008. He was instrumental in initiating NSITE, […]

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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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