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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Living Legends: ANNA LOU and BOB SCHABERG
Virginia 500 August 29, 2022

Living Legends: ANNA LOU and BOB SCHABERG

It’s fitting that Anna Lou and Bob Schaberg met through a local civic group, the Richmond First Club. Their partnership nearly 40 years later continues to focus on community service. The founder of multifamily housing developer Amurcon Corp. of Virginia, Bob is a graduate of Michigan State University and earned his MBA from Wayne State […]

Arts/Entertainment/Sports: ANDY EDMUNDS
Virginia 500 August 29, 2022

Arts/Entertainment/Sports: ANDY EDMUNDS

Edmunds knows which parts of Virginia will shine as a 19th-century stand-in or that can double as a modern Washington, D.C., street. He’s served as director of the Virginia Film Office since 2011 and worked as its locations manager for more than 14 years prior. Virginia has hosted a plethora of film and TV projects […]

Fairbank
Virginia 500 August 29, 2022

Finance/Insurance: RICHARD FAIRBANK

Before he built a Fortune 500 bank holding company, Fairbank started a swimming school as an undergraduate student at Stanford University, where he later earned an MBA. Then he got his feet wet in finance, working as a banking consultant and landing at Virginia’s Signet Bank, where he co-created the spinoff business that became Capital […]

Media: DOUG DAVIS
Virginia 500 August 29, 2022

Media: PAULA KERGER

Kerger is the longest serving president and CEO in Public Broadcasting Service’s 50-year history, with 16 years on the job. PBS is a household name, delivering a huge variety of free programming, from “Masterpiece” to “Arthur.” Its shows are a hallmark of many childhoods. Eighty percent of households in the U.S. watch PBS every year. […]

Retail/Wholesale: POUL WEIHRAUCH
Virginia 500 August 29, 2022

Retail/Wholesale: LORI RAYA

Raya elected not to spend her first year as Kroger Co.’s mid-Atlantic division president tucked away in her office, hidden from the public eye. In May, she penned an editorial, published in newspapers around Virginia, advocating for the elimination of the state’s grocery tax, a pet initiative of Gov. Glenn Youngkin. “Even without inflation, it […]

Transportation: ED ALDRIDGE
Virginia 500 August 29, 2022

Transportation: ROBEY W. ‘ROB’ ESTES JR.

With more about $4 billion in revenue in 2021, Estes Express Lines ranks No. 125 on Forbes’ list of America’s largest private companies. Estes employs more than 20,000 people, though that number may be closer to 30,000 now. Webb Estes, a company vice president and son of CEO Rob Estes, told the Richmond Times-Dispatch in […]

Law: VICTOR CARDWELL
Virginia 500 August 29, 2022

Law: RANDALL S. PARKS

After nearly 35 years at Virginia’s second largest law firm, Parks was named chair of Richmond-based Hunton Andrews Kurth’s executive committee in April, succeeding George C. Howell III. A University of Virginia School of Law alumnus who also graduated from U.Va. with a bachelor’s degree in chemistry and English literature, Parks previously was co-head of […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: BRENDAN BECHTEL

Bechtel first started working at his family company during summer breaks in high school. After joining full-time, he took on responsibility in field construction, project management and executive leadership. He is the fifth generation of the Bechtels to lead the global engineering, construction and project management company. Bechtel Group’s portfolio includes massive infrastructure and industri[...]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: CHRISTOPHER MOLIVADAS

Molivadas oversees mid-Atlantic region properties for international commercial real estate company JLL. His decades of experience began in the late 1980s as a project manager, working for Sargis & Jones and Clark Construction. In 2000, he entered the brokerage world with Spaulding & Slye Colliers before the firm was acquired by JLL in 2005. He’s said that being […]

Manufacturing: PABLO DI SI
Virginia 500 August 29, 2022

Manufacturing: JOHN PARKINSON

Parkinson has been CEO at Drake Extrusion Inc. for over 20 years. He is an accounting and finance graduate of the U.K.’s Lancaster University. Drake Extrusion bills itself as North America’s leading producer of polypropylene-based colored filament yarn and staple fiber. Filament yarn is primarily used by customers in the business of producing fabrics for […]

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Top Stories

Out & About May 2022

DOJ opens 3rd probe of GMU in 3 weeks

The U.S. Department of Justice has launched a new investigation of George Mason University, the thir[...]

UVA Health University Medical Center CEO to depart

UVA Health University Medical Center CEO to depart

The UVA Health system is losing another top executive, as the University Medical Center CEO, Wendy H[...]

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Omniplex lays off 199 Chantilly workers

Chantilly-based security firm Omniplex World Services will lay off 199 employees on July 31, followi[...]

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

Virginia casinos report $78.5M in June revenue

June gaming revenues from Virginia’s three casinos totaled $78.5 million, down $6.9 million from M[...]

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DOJ withdraws from Sentara investigation

The federal government is withdrawing from intervening in a whistleblower complaint against Sentara [...]

Formerly ousted U.Va. president has questions about Ryan’s departure

Formerly ousted U.Va. president has questions about Ryan’s departure

Former U.Va. President Teresa Sullivan weighs in on Jim Ryan’s resignation, drawing on her own exp[...]

People

Carilion taps new chief nursing officer

Carilion taps new chief nursing officer

17/7/2025

Claude Moore foundation hires new exec director

Claude Moore foundation hires new exec director

15/7/2025

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CV International taps new CFO

10/7/2025

Regions

Frederick prepares for data center development

Frederick prepares for data center development

Increasingly, data center developers are eyeing sites in parts of the commonwealth outside Northern [...]

Officials envision new life for shuttered state campus

Officials envision new life for shuttered state campus

Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions ho[...]

Post GreenCity, Henrico tries again

Post GreenCity, Henrico tries again

Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid law[...]

$35B Capital One-Discover merger closes

$35B Capital One-Discover merger closes

McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Ser[...]


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