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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

CATHY T. WILLIAMS
Black Business Leaders January 30, 2023

CATHY T. WILLIAMS

In her two decades at the U.S. subsidiary of British heating and cooling supply distributor Ferguson plc, Williams has made the economic inclusion of women and minorities her mission. “I’m most proud of knowing I had a hand in their success,” she says of those that she has brought into the Ferguson fold of about […]

business news January 30, 2023

February 2023 Top Five

The top five most-read daily news stories on VirginiaBusiness.com from Dec. 15, 2022, to Jan. 13 included an update on the planned merger of Eastern Virginia Medical School into Old Dominion University. 1  |  Youngkin budget outlines EVMS/ODU merger by 2024 EVMS would merge with ODU by July 2024, according to Gov. Glenn Youngkin’s proposed […]

out & about January 30, 2023

Out & About February 2023

  1. L to R: The United Company Foundation Chairman James McGlothlin, Director Frances McGlothlin and President and Treasurer Lois Clarke, with United Way of Southwest Virginia President and CEO Travis Staton and Vice President of Community Impact Mary Anne Holbrook. The foundation made a $50,000 investment in UWSWVA’s Ignite Program in December 2022.  2. […]

Making strides
Black Business Leaders January 30, 2023

JOSEPH D. WILKINS

In Halifax County, where Wilkins grew up, people took care of one another, he says. That compassionate culture, plus seeing his father go through rehab after a car accident, inspired him to become a physical therapist. But Wilkins wanted to do more to help people be well and safe, so he went back to school […]

Executive insights
Black Business Leaders January 30, 2023

MARCIA CONSTON

Conston saw early on the value that education has for marginalized communities. She knew her goal was “to become someone to effect change in the lives of young people. And I knew that education would be the path to do that.” Conston began her career as a college administrator at her alma mater, Mississippi’s Jackson […]

ANGELA D. REDDIX
Black Business Leaders January 30, 2023

ANGELA D. REDDIX

Getting ARDX up and running was not a 9-to-5 job. “It took saying ‘yes’ when others said ‘no,’” says Reddix, who founded her health care management and IT consulting firm in 2006. Her years of heavy lifting paid off, and ARDX has won more than $200 million in government contracts and is planning a $2.4 […]

Making strides
Black Business Leaders January 30, 2023

VICTOR CARDWELL

Hall of Fame member A former University of Virginia defensive back and high school athlete from Lynchburg, Cardwell has built a career in labor law. After graduating from Washington & Lee University School of Law, he worked at the Department of Labor’s Benefits Review Board before joining Woods Rogers, the Roanoke-based law firm (now Woods […]

WARREN THOMPSON
Black Business Leaders January 30, 2023

WARREN THOMPSON

Hall of Fame member A Hampden-Sydney College and University of Virginia Darden School of Business alum who grew up in the town of Windsor in Isle of Wight County, Thompson started his company in 1992 after purchasing 31 Big Boy restaurants from Marriott Corp., his former employer. Today, Thompson Hospitality is the nation’s largest minority-owned […]

SHARON SMOOT
Black Business Leaders January 30, 2023

SHARON SMOOT

Smoot is a unicorn — a Black woman overseeing 4,700 employees in the highly technical field of manufacturing components for nuclear reactors. Named last summer as head of the Lynchburg-based federal contractor’s nuclear division, Smoot spent 30 years as a civilian employee of the U.S. Navy, ultimately serving as executive director for logistics, maintenance and […]

THOMAS HASTY
Black Business Leaders January 30, 2023

THOMAS HASTY

Although Virginia has had notable Black banking leaders — including Maggie Walker at the start of the 20th century — it’s still a business that has not had a lot of African American representation in the C-suite. In 1999, after working for BB&T, Hasty took control of his fate and became a co-founder of Suffolk-based […]

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Top Stories

Depositphotos

Rocket Lab to acquire McLean-based Iridium in $8B deal

Rocket Lab will acquire McLean-based Iridium Communications in an $8 billion deal, expanding its sat[...]

An aerial view of the property Buc-ee's purchased in Stafford County to pave the way for a travel center. Image courtesy S.L. Nusbaum Realty Co.

Buc-ee’s purchases Stafford site for planned travel center

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The interior of a data center

Digital Realty to buy Alexandria VC firm founded by Warner

Digital Realty plans to acquire Alexandria venture capital firm Columbia Capital in a deal that coul[...]

Pictured in 2021, George Mason University President Gregory Washington. Photo courtesy George Mason University

GMU president’s contract extended through 2031

Washington's job appeared to be in jeopardy less than a year ago, as the Trump administration launch[...]

Gov. Abigail Spanberger signs a bill increasing Virginia's minimum wage to $15 per hour by 2028.

Virginia budget with data center tax moves to Spanberger’s desk

Virginia legislators passed a compromise biennial budget Monday that includes an electricity consump[...]

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

People

Jacco van Teeffelen. Photo courtesy The Omni Homestead Resort & Spa

Omni Homestead taps new managing director

23/6/2026

CACI International announced that David Young has joined the company as executive vice president and chief operating officer. Photo courtesy CACI

CACI appoints new COO

22/6/2026

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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