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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Retail/Wholesale: POUL WEIHRAUCH
News August 29, 2022

Retail/Wholesale: MICHAEL SEVER

Dennis Winnett, plant manager of Hershey’s Stuarts Draft manufacturing facility, retired late last year, not long after workers at the plant began efforts to form a union. Sever, who reports to the company’s vice president of North American manufacturing, filled the plant manager position in February, a few weeks before 79% of the plant’s workers […]

Professional Services: DANNY ROBINSON
Virginia 500 August 29, 2022

Professional Services: JEREMY BLANK

A former tax practice partner at Deloitte, Blank took over as Washington, D.C., market leader for the Big Four accounting firm in January, succeeding Tamika Tremaglio, who left to become executive director of the National Basketball Players Association. Blank has extensive experience in tax research and analysis, tax planning, mergers and acquisitions, tax technology and […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: DONALD D. GRAUL

With more than 38 years of industry experience, Graul joined Branch in 2020 from Centreville-based Parsons Corp., where he was president of construction and a senior executive for alternative project delivery. He also worked previously for AECOM. Branch has 853 employees, all in Virginia, and reported $452 million in revenue for fiscal year 2021. The […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: BRETT HITT

Hitt leads one of Virginia’s biggest general contractors, a family business started by his grandparents in 1930. The company finished 1,400 projects in 2021, reporting $3.38 billion in revenue — a 34% growth rate. Hitt, who’s been with the company nearly 40 years, earned his bachelor’s degree in construction from Georgia Tech in 1984. While […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: WILLIAM ‘BILL’ PAULETTE

With $1,000 in seed money, Paulette founded KBS as a one-person construction company in 1975. Over four decades, it’s become one of the top-rated construction firms in the mid-Atlantic, delivering high-profile, multimillion-dollar projects such as remaking the old Putney Shoe Factory into the CarMax Midtown Innovation Center in Richmond, and The Current, a full-block, mixed-use […]

Real Estate: KIM ROY
Virginia 500 August 29, 2022

Real Estate: MAGGIE REED

 A 2005 Penn State University graduate who holds a bachelor’s degree in architecture and has worked for Gilbane for 19 years, Reed was promoted to head up the construction firm’s Richmond office in April. With 2,800 employees worldwide (125 in Virginia) and $6 billion in revenue for fiscal year 2021, Gilbane is responsible for some […]

Living Legends: W. HEYWOOD FRALIN
News August 29, 2022

Living Legends: W. HEYWOOD FRALIN

A lawyer, healthcare executive and philanthropist, Roanoke native Fralin has been working since age 13, when he started out as a paperboy. Fralin is chairman of Retirement Unlimited, which owns and operates 19 senior independent living, assisted living and memory care communities in Virginia and Florida. He previously chaired Roanoke-based Medical Facilities of America, a […]

Federal Contractors | Technology
News August 29, 2022

Federal Contractors/Technology: TERRY RYAN

Ryan’s best advice for others is “to never stop being a student of your industry,” he told WashingtonExec in April. Ryan has led the private, global risk management firm since early 2021, after serving as its lead director. It was established as a holding company for a portfolio of contracting firms that provide security, construction, […]

Transportation: ED ALDRIDGE
News August 29, 2022

Transportation: RANDY CLARKE

Clarke took over Washington Metropolitan Area Transit Authority in July, succeeding Paul. J. Wiedefeld, who retired in May amid news that 250 train operators had not been recertified as required. Before leading WMATA, which manages Metrorail and Metrobus, Clarke was president and CEO of Austin, Texas’ Capital Metropolitan Transportation Authority, where he oversaw a multibillion-dollar […[...]

Transportation: ED ALDRIDGE
News August 29, 2022

Transportation: PAUL HOELTING

Since becoming president of TForce Freight in May 2021, Hoelting has focused on people, equipment and facilities, including a program in which dockworkers can earn their commercial driver’s licenses while having their tuition and wages covered. A subsidiary of Canadian transport company TFI International Inc., TForce earned more than $3 billion in revenue in fiscal […]

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Top Stories

John G. Rocovich Jr. talks with cadets during the Distinguished Alumni of the Corps award ceremony in 2025. Photo courtesy Virginia Tech

Rocovich sues Spanberger, seeks reinstatement on Virginia Tech board

Less than two weeks after being removed from the Virginia Tech's Board of Visitors, John Rocovich su[...]

Private schools’ graduation numbers remain stable

Trey Falwell sues Liberty for $1.75M

Jerry “Trey” Falwell III is suing Liberty University for $1.75 million, alleging the school brea[...]

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

Virginia’s medical marijuana market consolidates as Arboretum Virginia is now assigned two of Virg[...]

Brad Hall. Photo courtesy Virginia Chamber of Commerce

Virginia Chamber of Commerce taps new leader

The Virginia Chamber of Commerce appointed former Appalachian Power executive Brad Hall as president[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

40 Virginia companies make 2026 Fortune 1000

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

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

8/6/2026

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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