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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Finance | Insurance
News August 29, 2022

Finance/Insurance: MARK A. FRANTZ

In December 2021, Frantz’s venture capital firm launched and closed a new $215 million investment fund, its third, which offers $10 million to $50 million to qualified growing businesses. The firm, which Frantz co-founded with Kevin Robbins in 2009, added former Perspecta CEO Mac Curtis last year as a venture fellow, after Peraton Inc. bought […]

Hospitality/Tourism: NEIL AMIN
News August 29, 2022

Hospitality/Tourism: JIM McGLOTHLIN

McGlothlin and high school friend Clyde Stacy rolled the dice and successfully lobbied the Virginia General Assembly to legalize casinos in select Virginia cities, a gamble that seems to be paying off. On July 8, a temporary version of Hard Rock Hotel & Casino Bristol debuted at the old Bristol Mall, which will operate until […]

Retail/Wholesale: POUL WEIHRAUCH
News August 29, 2022

Retail/Wholesale: CHARLES E. TYSON

In 2022, Tyson is overseeing a rapid acceleration of LL Flooring, expecting to open between 20 and 25 new retail locations by the end of the year, in addition to the chain’s existing 431 stores. Previously known as Lumber Liquidators, LL Flooring moved its headquarters from Toano to Richmond in 2019. Tyson, who joined the […]

Law: VICTOR CARDWELL
News August 29, 2022

Law: KEN RANDALL

Randall became dean of the Antonin Scalia Law School in 2020 following his success as dean of the University of Alabama School of Law. During his 20-year tenure, UA’s ranking rose from 96th to 21st on U.S. News & World Report’s Best Law Schools list. Randall also launched the first online Master of Laws degree […]

Professional Services: DANNY ROBINSON
Virginia 500 August 29, 2022

Professional Services: C. SCOTT MOULDEN

A Virginia Tech alumnus, Moulden has been with Yount, Hyde & Barbour since he entered the accounting profession in 1988. A member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants, he also serves as treasurer for the Frederick County Fair Association and is a board member and […]

2022 Virginia 500: Manufacturing
Virginia 500 August 29, 2022

Economic Development: STU SOLOMON

Solomon spent 30 years at Accenture before leaving in 2017 as location managing director for metropolitan Washington, D.C., and forming Connected DMV two years later. The public-private nonprofit regional economic development organization promotes collaboration between Washington, D.C., Maryland and Virginia. In June, Connected DMV released its DMV Hydrogen Greenprint, a plan to grow the region’[...]

2022 Virginia 500: Manufacturing
Virginia 500 August 29, 2022

Economic Development: BRYAN K. STEPHENS

Since joining the Hampton Roads Chamber in 2013, Stephens has helped the organization receive the U.S. Chamber of Commerce’s five-star accreditation in both 2016 and 2021, an honor that places it in the top 1% of all U.S. chambers. Hampton Roads has a lot of projects going on and about to start, including the redevelopment […]

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 […]

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Top Stories

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

Sen. Lashrecse Aird speaks during a June 16, 2026, news conference announcing Virginia's cannabis recreational sale framework, along with Gov. Abigail Spanberger and Del. Paul Krizek. Photo by Kate Andrews/Virginia Business

Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered in[...]

Gov. Abigail Spanberger touts the state's support for Jefferson Lab during a June 12 groundbreaking event for the Jefferson Lab Data Center. Photo by Josh Janney

Spanberger backs House budget, but data center tax fight divides Democrats

Gov. Abigail Spanberger said she supports the Virginia House of Delegates proposal of an "expansive"[...]

John G. Rocovich Jr. talks with cadets during the Distinguished Alumni of the Corps award ceremony in 2025. Photo courtesy Virginia Tech

Rocovich sues Spanberger, seeks reinstatement on Virginia Tech board

Less than two weeks after being removed from the Virginia Tech's Board of Visitors, John Rocovich su[...]

Private schools’ graduation numbers remain stable

Trey Falwell sues Liberty for $1.75M

Jerry “Trey” Falwell III is suing Liberty University for $1.75 million, alleging the school brea[...]

People

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

9/6/2026

Hampden-Sydney College President Larry Stimpert. Photo courtesy Hampden-Sydney College

Hampden-Sydney president to retire next year

8/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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