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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Law: VICTOR CARDWELL
News August 29, 2022

Law: J. BENJAMIN ROTTENBORN

Rottenborn made national headlines this year for representing “Aquaman” actress Amber Heard in the defamation trial brought by her world-famous ex-husband, Johnny Depp. During the widely viewed trial argued in Fairfax County Circuit Court, Rottenborn received intense public backlash from Depp fans. “I suspect that nobody around here or at his firm would have been […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: EUGENE BREDOW

In March, Bredow was appointed president and CEO of NVR, one of the nation’s largest homebuilding and mortgage banking companies, replacing Paul C. Saville, who has transitioned to executive chairman. A graduate of the University of Maryland’s Smith School of Business and a member of its board of advisers, Bredow has worked for NVR since […]

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 [...]

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Top Stories

Supporters depart a campaign rally against Virginia Democrats' proposed state redistricting constitutional amendment ahead of the referendum special election on April 21, in Bridgewater, Virginia, April 11, 2026. REUTERS/Ken Cedeno/File Photo

Virginians approve new congressional map that could flip 4 GOP seats

Virginia voters approved a new Democratic congressional map that could flip four Republican seats, b[...]

Bon Secours St. Francis Medical Center in Chesterfield County. Photo by Kira Jenkins/Virginia Business

Bon Secours plans to appeal VDH approval of rival Chesterfield hospitals

Bon Secours has filed appeals challenging state approvals for hospital projects from competitors VCU[...]

Depositphotos

Henrico to sell Crossings Golf Club to N.C. company

McConnell Golf plans a roughly $9 million investment to acquire and redevelop the 268-acre The Cross[...]

Depositphotos

Federal judge blocks $6B Nexstar-Tegna TV merger

A federal judge blocked the $6 billion Nexstar-Tegna merger pending an antitrust lawsuit, citing con[...]

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Fed sees modest economic growth in Fifth District

Economic activity in the Federal Reserve’s Fifth District grew at a modest pace in recent weeks, a[...]

An L3Harris Technologies employee at work at the company's Orange County site. Photo courtesy L3Harris Technologies

L3Harris plans $1.27B expansion in Orange, creating 350 jobs

L3Harris Technologies announced a $1.27 billion expansion of its rocket motor production operations [...]

People

HCA Healthcare is promoting Dr. Jennifer Bocker to division chief medical officer for its Capital Division, effective May 1, 2026. Photo courtesy HCA Healthcare

HCA taps chief medical officer for Capital Division

16/4/2026

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AeroVironment promotes executive to CFO

13/4/2026

Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C. regional office. Photo courtesy Divaris Real Estate

Divaris appoints managing principal broker of D.C. regional office

10/4/2026

Regions

U.Va. Wise’s SMR control room simulator will aid workforce development, says Chancellor Donna P. Henry. Photo courtesy University of Virginia’s College at Wise

U.Va. Wise installs SMR control room simulator

U.Va. Wise installed a NuScale SMR control room simulator funded by a Virginia Clean Energy grant to[...]

In January, Petersburg became Virginia’s fifth city with a casino. Photo by Jay Paul

Petersburg rolls out temporary Live! Casino

Petersburg launched a temporary Live! Casino featuring 900 slot machines and 30 table games while th[...]

A casino could be in the cards for Winchester. Rendering courtesy Winchester Economic Development Authority

Winchester Council greenlights casino study

Winchester City Council approved a feasibility study for a casino and entertainment complex, with a [...]

Norfolk International Airport officials and regional elected leaders celebrated the opening of the international arrivals facility. Photo by Josh Janney

Norfolk airport undergoes $1B modernization

As passenger numbers at Norfolk International Airport grow past pre-pandemic levels, the airport is [...]


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