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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: ASHLEY B. SMITH

Although Smith became CEO in 2018, he did not become Smith-Midland Corp.’s board chairman until January 2022, after his father, Rodney I. Smith, stepped down after 62 years. The family company, founded in 1960 by David G. Smith (Ashley Smith’s grandfather), manufactures, licenses, rents and sells precast concrete products. The company was originally known as […]

Living Legends: J. KNOX SINGLETON
Virginia 500 August 29, 2022

Living Legends: J. KNOX SINGLETON

Back in 1983, when Singleton took a job as executive vice president for operations at Fairfax Hospital Association, he expected to stay only a few years. But a year later, he was made president of the three-hospital system, which he transformed into Inova Health System, now a $4 billion regional health provider with five hospitals […]

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Top Stories

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google’s Botetourt data center campus may use 8M gallons of water daily

Unredacted documents reveal Google’s planned Botetourt data center may require 2M–8M gallons of [...]

Bryan H. Fairbanks will retire after nearly 23 years with Trex. Photo courtesy Trex

Trex CEO Bryan Fairbanks to retire in April

Trex Co. announced Tuesday that President and CEO Bryan H. Fairbanks will retire April 28 after near[...]

Southern Virginia Multimodal Park. Photo courtesy Matt Rowe, Pittsylvania County's economic development directo

Avio USA picks Pittsylvania for $500M solid rocket motor plant

Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs i[...]

Victor Hoskins. Photo courtesy Fairfax County Economic Development Authority.

Hoskins to exit Fairfax EDA after six-year tenure

Victor Hoskins will leave the Fairfax County EDA after six years, a tenure credited with nearly 64,0[...]

Hampton logistics company closes, laying off 63

AOL to lay off 108 tied to Reston office

AOL plans 108 layoffs linked to its Reston office as Bending Spoons completes its acquisition of the[...]

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism o[...]

People

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Dr. Reid Adams. Photo courtesy UVA Health.

UVA Health promotes inaugural chief medical officer

24/2/2026

Atlantic Union Bankshares new CFO Alexander Dodd

Atlantic Union Bankshares appoints new CFO

24/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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