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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Government | Politics
News August 29, 2022

Government/Politics: MARK WARNER

Like his colleague Tim Kaine, Warner served as governor of Virginia before being elected to represent the commonwealth in the U.S. Senate, where he is serving his third term as the state’s senior senator. A moderate Democrat who often works with colleagues across the aisle, Warner chairs the Select Committee on Intelligence and serves on […]

Finance | Insurance
News August 29, 2022

Finance/Insurance: THOMAS S. GAYNER

Come April 2023, Gayner will no longer be flying with a co-pilot. His fellow co-CEO, Richard R. “Richie” Whitt III, plans to retire by the end of next March, after working for the company since 1991. Since 2016, Gayner and Whitt have led Markel Corp., the Fortune 500 financial holding company that has about 20,300 […]

Retail/Wholesale: POUL WEIHRAUCH
News August 29, 2022

Retail/Wholesale: WILLIAM D. ‘BILL’ NASH

For the fiscal year that ended in February, CarMax, the largest retailer of used autos nationally, had net earnings of $1.2 billion. The fourth quarter, however, did present some challenges, with total used vehicle unit sales in the retail business declining 5.2%.    “We believe several macro factors weighed on marketwide used car sales, including […]

Law: VICTOR CARDWELL
News August 29, 2022

Law: ROBERT M. ‘BOB’ TATA

A Hampton Roads native, Tata specializes in intellectual property litigation, including trade secrets, copyrights and patents, and 20 years ago, he won the state’s then-largest copyright award — $116 million — awarded by a jury over a home fire-escape ladder invented by a local businessman. He also has spent a great deal of time defending […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: W. TAYLOR FRANKLIN

Franklin started The Franklin Johnston Group, a development, investment and management firm, with his father and two other former S.L. Nusbaum employees in 2013. Today they have 497 employees in Virginia and 76 workers in six other states. In recent news, the company offered $7 million to buy the Laskin Road Annex building in Virginia […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: LOUIS S. ‘LOU’ HADDAD

Haddad was recruited to Armada Hoffler in 1985 as an on-site construction superintendent. He rose through the ranks and became president of Armada Hoffler Construction Co. in 1987. He was promoted to president of parent company Armada Hoffler Holding Co. in 1996. Three years later, he became CEO. In 2013, Haddad led Armada Hoffler’s initial […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: JOHN R. LAWSON II

A Newport News native, Lawson has been with construction firm W.M. Jordan for more than 45 years. Lawson’s late father co-founded the company, which reaped more than $649 million in revenue for 2020. He started there in 1975 as a field engineer after graduating from Virginia Tech and took over as president and CEO in […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: MILES LEON

A University of Georgia and University of Miami graduate, Leon co-founded First Commercial Real Estate Services, which was purchased in the early 1990s by S.L. Nusbaum — a realty company founded in 1906. When the late Alan B. Nusbaum, great-grandson of the founder, became the company’s chairman in 1991, Leon was named president. He continues in […]

News August 29, 2022

Virginia 500 2022 SPOTLIGHT

2022 Virginia 500: Manufacturing
Virginia 500 August 29, 2022

Economic Development: NANCY L. GRDEN

In June, Grden became the leader of this regional economic development organization, stepping into the shoes of Jim Spore, who retired after six years. Grden’s name is familiar to Hampton Roads residents, as she was previously executive director of the Hampton Roads Maritime Collaborative for Growth & Innovation, as well as associate vice president of […]

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Top Stories

United States Federal Communications Commission logo and U.S. flag are seen in this illustration taken April 23, 2025. REUTERS/Dado Ruvic/Illustration

FCC approves $3.5B sale of Tegna to Nexstar despite state objections

The FCC approved Nexstar's $3.54 billion acquisition of Tegna, expanding its reach to 80% of U.S. TV[...]

The Lego Group has already hired more than 500 workers in the Richmond region as it builds its $1 billion Chesterfield County factory. Photo courtesy The Lego Group

Lego to double Chesterfield workforce to 900 by end of year

The Lego Group expects its workforce at the $1 billion Chesterfield facility under construction to g[...]

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

State approves three Chesterfield hospital projects, totaling $672M

Virginia State Health Commissioner Cameron Webb last week signed off on three Chesterfield County ho[...]

A slot machine

Tysons casino bill clears General Assembly

Virginia lawmakers approved a bill allowing a Fairfax County referendum on a Tysons casino. The meas[...]

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With Assembly passage, Virginia inches closer to cannabis retail sales

Virginia lawmakers approved a bill to regulate adult-use cannabis retail sales, establishing taxes a[...]

Depositphotos

Virginia House and Senate clash over data center tax breaks

A fight between the Virginia House and Senate over a tax break for data centers has brought budget n[...]

People

Rooksby.   Photo courtesy of the University of Richmond

Gonzaga dean to head up University of Richmond School of Law 

20/3/2026

New president of Massimo Zanetti Beverage USA

Portsmouth coffee manufacturer announces new president

19/3/2026

L to R: Harry Golliday and William "Billy" Beale. Photo courtesy Blue Ridge Bankshares

Blue Ridge Bankshares CEO retires after turnaround

16/3/2026

Regions

Three data center projects totaling 7 million-plus square feet are under construction now in Stafford County. Photo by HAIYAN/Adobe Stock

NoVa data center development moves down I-95

Stafford County is experiencing rapid data center growth with three major projects underway and 18 i[...]

VFP’s Scott Jones says the company will have six buildings on its Duffield campus after its latest expansion. Photo by Earl Neikirk

VFP moves forward on $30M expansion in Scott County

VFP is investing $35 million to expand its Scott County facility, adding new buildings and jobs to s[...]

Arlington County reported investment in about 268,000 square feet of office space in 2025. Photo courtesy Adobe Stock

Northern Virginia focuses on strengths amid federal cuts

Northern Virginia's economy adapts to federal job cuts in 2025 by expanding defense tech, aerospace,[...]

Wrap Technologies held a ribbon cutting in September 2025 for its $4 million manufacturing headquarters in Norton. Official photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Manufacturing-heavy Southwest Virginia captures new industries 

Southwest Virginia sees major investments in manufacturing, indoor agriculture, and energy projects,[...]


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