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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 [...]

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 […]

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Top Stories

Patients’ favorites

13 rural hospitals in Virginia at risk of closure, new report finds

Thirteen of Virginia's 36 rural hospitals are at risk of closure in a new report from the Virginia J[...]

Marijuana plants are seen inside the Glass House Farms flowering greenhouse in Camarillo, California, on April 13, 2022. Photo by Reuters/Shannon Stapleton

Virginia medical marijuana market consolidates

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Brad Hall. Photo courtesy Virginia Chamber of Commerce

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40 Virginia companies make 2026 Fortune 1000

In the 2026 Fortune 1000 list announced Wednesday, Virginia had 40 companies listed, including 24 on[...]

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From left, 2026 Virginia C-Suite Awards winners Perry Miller, Shannon Hayes and Maria Tedesco Photo by James Lee

2026 Virginia C-Suite Awards

Virginia Business recognizes 38 executives for leadership, integrity, and impact across sectors at t[...]

People

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

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Gary Daynes. Photo courtesy Mary Baldwin University

Mary Baldwin University announces interim president

4/6/2026

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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