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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Education
Virginia 500 August 29, 2022

Education: KARL McDONNELL

CEO of Strategic Education Inc., an education services holding company that owns for-profit Strayer and Capella universities, McDonnell was previously SEI’s chief operating officer and serves on its board of directors. He’s also served as president and CEO of Strayer University, which has an enrollment of more than 50,000 students and 64 campuses in 15 […]

Education
Virginia 500 August 29, 2022

Education: GREGORY WASHINGTON

When Washington started as GMU’s president in July 2020, he made history as its first Black leader, joining during a particularly challenging time, after the COVID-19 pandemic moved classes online. Under Washington’s leadership, Mason has seen enrollment increase, and the university is expanding in Arlington, Fairfax and Prince William counties, as well as at its […]

Government | Politics
Virginia 500 August 29, 2022

Government/Politics: TIM KAINE

After the COVID-19 pandemic first hit, Kaine and his congressional colleagues worked to respond with measures like passing a stimulus package, the CARES Act and the Paycheck Protection Act.  After battling the virus himself and facing long-term effects, Kaine introduced the CARE for Long COVID Act this year.  Kaine’s political career spans many public offices […]

Finance/Insurance: MONIQUE S. ADAMS
Virginia 500 August 29, 2022

Finance/Insurance: MONIQUE S. ADAMS

Born out of recommendations from a group seeking to make Hampton Roads less dependent on federal defense spending, 757 Angels matches a network of more than 100 business and community leaders in the Hampton Roads region with Virginia-based entrepreneurs who need funding and mentoring to develop their early-stage companies. So far, the group’s investors have […]

Health Care: DR. SANDY L. CHUNG
Virginia 500 August 29, 2022

Health Care: WILLIAM B. ‘BILL’ DOWNEY

Since 2012, Downey has led Riverside Health System, where he oversees 9,000 employees and shepherds major projects to expand health care services in the Hampton Roads region. Earlier this year, Riverside broke ground on a building that will house the region’s first standalone 24-hour psychiatric emergency department, scheduled to open in 2023. Also under Downey’s […]

Transportation: ED ALDRIDGE
Virginia 500 August 29, 2022

Transportation: ADAM COHEN and ELAN COHEN

The body that oversees ships flagged from the west African nation of Liberia is not the country’s government, but a company based in Virginia. Liberian International Ship & Corporate Registry, founded by Yoram Cohen and run by his sons, totals more than 5,000 vessels, comprising more than 200 million gross tons, and represents 14% of […]

Transportation: ED ALDRIDGE
Virginia 500 August 29, 2022

Transportation: STEPHEN A. EDWARDS

At what everyone hopes is the end of the COVID-19 pandemic, it’s no longer a surprise to read another headline declaring that the Port of Virginia has shattered a previous cargo record. The port did so again in May 2022, when it handled more than 340,000 TEUs (20-foot equivalent units), breaking the previous record set […]

Transportation: ED ALDRIDGE
Virginia 500 August 29, 2022

Transportation: W. SHEPPARD ‘SHEP’ MILLER III

A lifelong Norfolk resident, Miller was appointed state transportation secretary by Gov. Glenn Youngkin in January. He was previously appointed by Gov. Ralph Northam to serve on the Commonwealth Transportation Board, a body he now chairs. In 2017, Miller retired as chairman of Virginia Beach defense contractor KITCO Fiber Optics, which was acquired by Berkshire […]

Telecommunications: CHRISTOPHER FRENCH
Virginia 500 August 29, 2022

Telecommunications: MATTHEW J. DESCH

Desch has led Iridium for 16 years and serves on its board. The satellite communications company connects clients around the globe, reporting more than 1.72 million subscribers and $614.5 million in 2021 revenue. Iridium operates 66 low earth orbiting satellites and works with partner companies to provide voice and data communications services, including Wi-Fi hotspots, […]

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: TOM HAYES

Hayes has worked at Swedish Match since 2006 and was promoted to group chief financial officer in 2018. In August 2020, he took over as president after Richard Flaherty retired. Swedish Match’s U.S. Division is based in Richmond, while Swedish Match AB is based in Stockholm. The company develops, manufactures and sells smoke-free oral tobacco products that […]

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Top Stories

Molina Healthcare to close Henrico office, laying off 268 workers

Molina Healthcare to close Henrico office, laying off 268 workers

Molina Healthcare, a Fortune 500 company that manages health care services for Medicaid and Medicare[...]

The NASA flag waving along with the American flag in the background. Taken March 5, 2021, in Washington, D.C. Photo by AdobeStock

NASA Langley could lose 672 jobs under Trump’s proposed budget

Trump’s 2026 budget proposal could slash 672 jobs at NASA Langley Research Center in Hampton.

Photo of four-story building

Owens & Minor ends $1.36B deal to buy home-based care business

Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.

President Donald Trump talks to workers as he tours U.S. Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson)

Trump’s promised steel and aluminum tariffs go into effect

U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s se[...]

Presenting the 2025 Virginia C-Suite Awards

Presenting the 2025 Virginia C-Suite Awards

Virginia Business is proud to present our inaugural Virginia C-Suite Awards, honoring 33 top executi[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual For[...]

People

Danny Deep. Photo courtesy General Dynamics

General Dynamics promotes EVP to global operations

5/6/2025

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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