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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: DERRICK SWAAK

A first-generation American whose family hails from the Netherlands, Swaak joined TTR Sotheby’s International Realty as a partner in 2007 and is managing broker for the firm’s offices in McLean and The Plains, as well as chief operating officer. With 485 employees, about 350 of whom are in Virginia, TTR Sotheby’s International Realty had $5 […]

Living Legends: TESSA GOWEN ADER
People August 29, 2022

Living Legends: TESSA GOWEN ADER

Ader’s influence on the Charlottesville arts community and beyond took a leap in September 2021 with a $50 million gift to the University of Virginia to help build an 1,100-seat performing arts center. A university official said the gift — made in the name of Ader and her late husband, Richard — was the largest […]

Federal Contractors/Technology: MAX PETERSON
News August 29, 2022

Federal Contractors/Technology: MAX PETERSON

Peterson has run Amazon’s cloud computing business for the government, health care, education and nonprofit sectors since April 2021, after spending four years as vice president for international sales within the worldwide public sector. He replaced Teresa Carlson, who left to become president of a San Francisco tech company last year. After working in various […]

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

Health Care: DR. MICHAEL P. ‘MIKE’ McDERMOTT

Since 2015, McDermott has led the not-for-profit hospital system that includes two hospitals in Fredericksburg and Stafford County, three emergency departments and about 50 clinics and other outpatient facilities, as well as more than 5,000 health care professionals, including 600 doctors. McDermott is a past chair of the Virginia Hospital & Healthcare Association, which advocates […]

Nonprofits/Philanthropy: ANGELA F. WILLIAMS
News August 29, 2022

Nonprofits/Philanthropy: STACEY D. STEWART

Great leaders inspire others to be their best, says Stewart, and young women especially benefit from managers who value their input and opinions and encourage them to express both. “Believing in yourself, knowing your self-worth and leaning on those who have succeeded before you can be so vital,” says Stewart, recalling a conversation she had […]

Law: VICTOR CARDWELL
News August 29, 2022

Law: F. DOUGLAS ROSS

Ross’ practice focuses on banking, real estate, title insurance, shareholder and partnership disputes, and defamation. His notable courtroom victories include a summary judgment that favored a national underwriter on a title insurance claim, which was upheld by the Fourth Circuit Court of Appeals. He also defended a client in a substantial defamation case, in which […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: TONY FIORILLO

Fiorillo started his career at ECS in 1993 as a field technician, serving as chief operating officer before he was promoted to president in 2020. Founded in 1988, ECS focuses on geotechnical, construction materials, environmental and facilities engineering. It has more than 80 offices and testing facilities in the U.S. and more than 2,200 employees. […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: ROBERT C. ‘BOB’ KETTLER

Kettler comes from a real estate family. He attended the University of Miami with an interest in architecture. But after taking a year off to sail to South America with a friend, he switched his focus to real estate and business. He also studied at George Washington and American universities, though he didn’t finish his […]

Living Legends: MORTON G. THALHIMER JR.
News August 29, 2022

Living Legends: MORTON G. THALHIMER JR.

In 1926, Thalhimer’s father started Neighborhood Theatre Inc. (branded as Neighborhood Theaters), which grew to a chain with 25 locations and a combined 76 screens, stretching from Virginia to Washington, D.C., and Maryland. The junior Thalhimer took over the family movie theater business, becoming CEO in 1948. He also served as chairman of the National […]

Virginia Secretary of Commerce and Trade Caren Merrick said in March 2025 she is leaving Gov. Glenn Youngkin's administration. Photo courtesy Commonwealth of Virginia
News August 29, 2022

Government/Politics: CAREN MERRICK

As Virginia’s current secretary of commerce and trade, Merrick came to the job with prior experience working with the governor.  When the COVID-19 pandemic began in 2020, she became the founding CEO of the Virginia Ready Initiative — a public-private partnership that Gov. Glenn Youngkin co-founded with his wife, Suzanne. VA Ready partners with community […]

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Top Stories

Port of Virginia nears finish of $450M dredging project

Federal employment, trade declined in 2025 in Virginia

Virginia saw some economic growth in 2025, but it was slow compared to 2024, and statewide unemploym[...]

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilitie[...]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Mars completes $36B Kellanova acquisition

McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion [...]

Depositphotos

Avio USA picks Virginia for $500M solid rocket motor factory

Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. [...]

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton will invest over $50 million to expand its existing manufacturing footprint in Henrico County [...]

Stocks slip as S&P 500 pulls back from record high

University board fight ends; Spanberger to fill 22 seats

The legal battle between Gov. Glenn Youngkin and state Senate Democrats over university boards of vi[...]

People

Science Applications International Corp. (SAIC) has tapped Peraton executive Ravi Dankanikote to be chief growth officer. Photo courtesy SAIC

Peraton executive returns to SAIC as chief growth officer

17/12/2025

Theodore “Ted” Tanner Jr. will join Leidos as CTO in January. Photo courtesy Leidos

Leidos names AI chief technology officer

15/12/2025

Fritz Sassine. Photo courtesy Virginia General Assembly

Virginia legislature appoints new automated systems director

9/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]


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