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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: BRADFORD ‘BRAD’ BEAUCHAMP

Beauchamp, who joined Carpenter Co. in 2008, was promoted to CEO in late 2020. Founded in 1948, Carpenter makes flexible foam, fiber, air filtration media and other products, employing about 4,200 people — 450 of them in Virginia — at 50+ locations worldwide. In October 2021, Carpenter, one of the world’s largest producers of foam products, […]

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: ROBERT H. ‘ROB’ SPILMAN JR.

Publicly traded furniture manufacturer and retailer Bassett Furniture Industries was founded in 1902 and continues to be headquartered in Henry County’s Bassett area, part of greater Martinsville. The company sells home furnishings in about 100 retail locations in the United States and Puerto Rico. Spilman, who has been with Bassett for 38 years, became CEO […]

Education
News August 29, 2022

Education: MAKOLA M. ABDULLAH

Since becoming Virginia State University’s president in 2016, Abdullah has led the public HBCU to national prominence, as well as a budget surplus after the university was in debt before his tenure. U.S. News & World Report ranked VSU in the top 30 of its Best Overall HBCUs for 2022 and it was also named […]

2022 Virginia 500: Education
News August 29, 2022

Education: MICHAEL RAO

Already one of the highest-paid officials in state higher education, Rao recently received an 8% raise. In June, VCU’s board of visitors approved raising his salary to $708,000, citing his fundraising abilities and stewardship of the university and its medical facilities since the pandemic. Since his 2009 appointment as president, Rao has overseen infrastructure expansion […]

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

Health Care: RONY THOMAS

During its 40 years, nonprofit LifeNet has assisted with 8 million organ, tissue and cell transplants. It employs more than 1,400 people globally, including 991 in Virginia. Known as an organ procurement organization (OPO), LifeNet connects patients with newly available organs — often kidneys, which are needed by about 80% of people on transplant lists […]

Telecommunications: CHRISTOPHER FRENCH
Virginia 500 August 29, 2022

Telecommunications: ERNIE ORTEGA

Ortega has spent his career in the telecom business since the days when a mobile phone couldn’t fit in your pocket. If you saw the movie “Wall Street,” Ortega says, you might recall the Motorola 8000 brick phone — it’s a model he used to sell. Ortega now serves as CEO of GTT Communications, which runs […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: T. RICHARD LITTON JR.

Litton serves as president of HGI, a real estate investment and management firm that reported a gross asset value of more than $19 billion in the first quarter of 2022. The company focuses on office, retail, multifamily and alternative investments throughout the country and the United Kingdom. One of its most famous properties is the […]

Economic Development
Virginia 500 August 29, 2022

Economic Development: Victor Hoskins

Named one of Washingtonian magazine’s 2022 Tech Titans, Hoskins came to Fairfax in 2019 after leading Arlington Economic Development and playing a key role in luring Amazon.com Inc.’s HQ2 East Coast headquarters to Virginia. In Fairfax, he’s continued attracting major businesses and retaining others, including the North American headquarters for StarKist Co. and Volkswagen Group [...]

Photo by Casey Curry/Invision/AP
News August 29, 2022

Living Legends: ROBERT DUVALL

Perhaps most famous as Corleone family consigliere Tom Hagen in the first two “Godfather” films, Duvall, 91, is still making movies, 60 years after he first hit the silver screen as Boo Radley in “To Kill a Mockingbird.” Since the 1990s, Duvall has lived on a 360-acre farm in Fauquier County, and he formerly co-owned […]

Energy: DIANE LEOPOLD
News August 29, 2022

Energy: DIANE LEOPOLD

Entering her 28th year with Dominion, Leopold is responsible for all the Fortune 500 utility’s operating segments, with oversight for Dominion Energy Virginia and Dominion Energy South Carolina, as well as the company’s gas distribution and contracted assets division. In all, she is responsible for nearly 7 million customer accounts and operations in at least […]

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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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