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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

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google’s Botetourt data center campus may use 8M gallons of water daily

Unredacted documents reveal Google’s planned Botetourt data center may require 2M–8M gallons of [...]

Bryan H. Fairbanks will retire after nearly 23 years with Trex. Photo courtesy Trex

Trex CEO Bryan Fairbanks to retire in April

Trex Co. announced Tuesday that President and CEO Bryan H. Fairbanks will retire April 28 after near[...]

Southern Virginia Multimodal Park. Photo courtesy Matt Rowe, Pittsylvania County's economic development directo

Avio USA picks Pittsylvania for $500M solid rocket motor plant

Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs i[...]

Victor Hoskins. Photo courtesy Fairfax County Economic Development Authority.

Hoskins to exit Fairfax EDA after six-year tenure

Victor Hoskins will leave the Fairfax County EDA after six years, a tenure credited with nearly 64,0[...]

Hampton logistics company closes, laying off 63

AOL to lay off 108 tied to Reston office

AOL plans 108 layoffs linked to its Reston office as Bending Spoons completes its acquisition of the[...]

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism o[...]

People

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Dr. Reid Adams. Photo courtesy UVA Health.

UVA Health promotes inaugural chief medical officer

24/2/2026

Atlantic Union Bankshares new CFO Alexander Dodd

Atlantic Union Bankshares appoints new CFO

24/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming rea[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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