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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Media
Virginia 500 August 29, 2022

Media: DAVE LOUGEE

In February 2022, Tegna, the nation’s largest owner of NBC affiliate TV stations, reached an agreement to be bought by New York hedge fund Standard General for $5.4 billion, ending its seven-year stint as a publicly traded company formed after Gannett Co. Inc. spun off its broadcast and digital media divisions. Tegna owns 64 television stations […]

Media: DOUG DAVIS
Virginia 500 August 29, 2022

Media: MIKE REED

The owner of flagship newspaper USA Today, Gannett is the largest newspaper group in the nation with more than 600 papers, and under Reed’s leadership, the company’s digital revenue has skyrocketed. In 2021, Gannett’s digital revenue exceeded $1 billion for the first time, comprising one-third of the media company’s revenue. Meanwhile, the company’s print advertising [...]

Media: DOUG DAVIS
Virginia 500 August 29, 2022

Media: GORDON ROBERTSON

Robertson grew up with the Christian Broadcasting Network. His father, TV evangelist Pat Robertson, founded the network in 1960 and was its CEO for nearly 50 years. Gordon Robertson did not immediately join his father’s business. Instead, he graduated from Yale University, then received his law degree from Washington and Lee University. He had been […]

Law: VICTOR CARDWELL
Virginia 500 August 29, 2022

Law: JONATHAN P. HARMON

Harmon is a highly sought-after and nationally recognized trial lawyer who brings in millions of dollars representing Fortune 500 companies in bet-the-company litigation actions. Harmon became the leader of Virginia’s oldest and largest law firm in 2017. Before that, the U.S. Military Academy at West Point graduate and Gulf War veteran headed the firm’s business […]

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: PABLO DI SI

Di Si is credited as the chief architect for Volkswagen’s turnaround in Latin America, including its largest product launch, with 20 models. Amid a shakeup in leadership as the German automaker seeks to gain a foothold in the North American electric vehicle market, Di Si was named in July to succeed Scott Keogh, who has […]

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: R. MARCUS ‘MARC’ AMMEN 

Ammen joined Universal Fiber Systems in 2000 and has served as its chief financial officer and president of its Universal Fibers Inc. subsidiary. A Clemson University alumnus, he has served as the fiber manufacturer’s CEO since 2009 and is on The Carpet and Rug Institute’s board of directors. Founded in 1969 in Bristol, Tennessee, Universal […]

2022 Virginia 500: Manufacturing
Virginia 500 August 29, 2022

Economic Development: TODD HAYMORE

A former state commerce secretary and secretary of agriculture who served under two governors, Haymore now advises multinational and national corporations interested in expanding or moving operations in Virginia. He’s particularly involved with Petersburg’s growing pharmaceutical cluster. A Danville native, Haymore is secretary of the Virginia Commonwealth University board of visitors [...]

Finance | Insurance
Virginia 500 August 29, 2022

Finance/Insurance: THEODORE ‘TED’ L. CHANDLER JR.

Chandler partnered with well-known Richmond executives Jim Ukrop and Bob Mooney in 2011 to build a venture capital firm initially called New Richmond Ventures. The firm, which shortened its name to NRV, provides counseling, connections and capital to early-stage companies. In 2017, NRV launched its Early Stage Growth Fund LP, assembling $33 million from 83 […]

Arts/Entertainment/Sports: CLAY CAMPBELL
Virginia 500 August 29, 2022

Arts/Entertainment/Sports: CLAY CAMPBELL

Campbell, who’s been president of Martinsville Speedway for nearly 35 years, runs the track his grandfather built in 1947. He worked at the track from a young age, mowing grass and painting walls, and started in the maintenance department after graduating from high school in 1978. The Martinsville native is a pilot and a former […]

Education
Virginia 500 August 29, 2022

Education: TIMOTHY ‘TIM’ SANDS

Having previously served as acting president, executive vice president and provost of Purdue University, Sands joined Virginia Tech as its president in 2014. Since then, the land-grant university has expanded statewide, particularly in Alexandria, where it broke ground on its $1 billion Innovation Campus in 2021. Nicknamed “the Sandsman,” in reference to the Hokies’ football […]

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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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