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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Federal Contractors/Technology: WILLIAM J. ‘BILL’ LYNN III
News August 29, 2022

Federal Contractors/Technology: WILLIAM J. ‘BILL’ LYNN III

In June, Leonardo DRS, a U.S. subsidiary of Italian defense contractor Leonardo SpA, announced it would merge with Israel-based Rada Electronic Industries Ltd., with plans to go public by the end of this year. Rada will become a wholly owned Leonardo subsidiary, operating under DRS’s Advanced Sensing and Computing segment. Lynn told Defense News that […]

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Top Stories

MacArthur Center mall was built in 1999. The city announced it will be demolished this year to make way for a redevelopment. Photo courtesy Norfolk Convention & Visitors Bureau Offices

Norfolk’s MacArthur Center to be demolished this year

The city of Norfolk announced Friday that it will close and demolish the MacArthur Center mall as pa[...]

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak

Boar’s Head Provisions reopened its Jarratt meat plant Monday, roughly a year and a half after clo[...]

Gov. Abigail Spanberger speaks during the InternshipsVA event Feb. 4, 2026, at the Omni Hotel Richmond. Photo courtesy Virginia Economic Development Partnership

State commits $14.5M yearly for new paid internship program

Virginia political, higher education and economic development leaders announced InternshipsVA, a new[...]

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

Google could spend $3B building Botetourt data centers

State documents reveal Google’s plan for a data center campus in Botetourt County that could cost [...]

Leadership: The Virginia Power 50 List

Henrico-based Arko launches IPO of petroleum subsidiary, seeks up to $910M

Henrico County-based Fortune 500 company Arko is seeking a valuation of as much as $910 million in i[...]

Photo by AdobeStock

Amazon to close five Virginia stores, cut nearly 700 jobs

Amazon plans to close five Amazon Fresh stores in Northern Virginia, laying off about 700 workers be[...]

People

The Virginia Chamber of Commerce on Wednesday elected Jennifer Siciliano to chair its board of directors this year.

Virginia Chamber elects UVA Health exec as board chair

5/2/2026

Kenneth Alexander. Photo courtesy Virginia Community College System

Norfolk mayor named Richard Bland College’s interim president

30/1/2026

Tina Leone. Photo courtesy River District Association

Danville’s River District Association has new leader

28/1/2026

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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