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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Economic Development 2023: ANTHONY ROMANELLO
Virginia 500 August 29, 2024

Economic Development 2024: ANTHONY J. ROMANELLO

Henrico County is poised to be home to a large technology campus on more than 600 acres not far from the Richmond Airport, after the Board of Supervisors greenlit in May a request for rezoning from developer Hourigan. The project could eventually be home to multiple data centers and light manufacturing facilities. The development would […]

Federal Contractors | Technology
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: JILL SINGER

In September 2023, Singer began her new role as AT&T’s vice president of federal solutions. In this role, Singer works to advance the adoption of 5G capabilities and promote network modernization efforts to support government missions. This effort includes everything from helping first responders communicate during disasters to enabling the U.S. Air and Space forces […]

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Virginia 500 August 29, 2024

Professional Services 2024: THOMAS L. MILBURN

Last October, Milburn was tapped as the new CEO for YHB, the accounting services firm where he began his career in 1997. Each YHB CEO serves a five-year term, and Milburn succeeds C. Scott Moulden, under whose leadership the firm acquired five accounting firms and grew to 300-plus employees, expanding into Maryland and developing its […]

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Virginia 500 August 29, 2024

Real Estate 2024: CHRIS CLEMENTE

Clemente is the son-in-law of NVR founder Dwight Schar, who is a co-owner of Comstock Holdings and Comstock Partners with Clemente. Founded in 1985, the privately held Comstock is among the mid-Atlantic’s largest developers of mixed-use and transit-oriented developments. Comstock’s 2023 revenue was $44.7 million, with a managed portfolio of 49 properties. It’s best known […]

Finance | Insurance 2023: THEODORE L. ‘TED’ CHANDLER JR.
Virginia 500 August 29, 2024

Banking | Finance 2024: THEODORE L. ‘TED’ CHANDLER JR.

Chandler has decades of business and legal experience to share with entrepreneurs as one of NRV’s founders. In 2011, he co-founded the startup investing firm — then known as New Richmond Ventures — with fellow Richmond business leaders Jim Ukrop and Bob Mooney. Today, the firm financially contributes to the Farmer Focus organic meat brand, Norfolk-based […]

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Virginia 500 August 29, 2024

Economic Development 2024: NANCY GRDEN

A longtime economic development and maritime leader in Hampton Roads, Grden was key in overseeing the 2023 merger of Reinvent Hampton Roads and the Hampton Roads Business Roundtable, resulting in the creation of the Hampton Roads Executive Roundtable, which she now leads. Previously, she was director of the Hampton Roads Maritime Collaborative for Growth & […]

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Virginia 500 August 29, 2024

Economic Development 2024: DOUG SMITH

In the first few months of 2024, freight business Total Quality Logistics announced it would open a new location in Norfolk, and Australian company Quality Maritime Surveyors said it was expanding to the Hampton Roads area. The announcements continue momentum from 2023, when the Hampton Roads Alliance’s 13 new project announcements represented more than 2,800 […]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: RAUL FERNANDEZ

In February, Fernandez was named president and CEO of Fortune 500 IT services and consulting company DXC Technology after serving in an interim capacity since December 2023 and on the company’s board of directors since 2020. He succeeded Mike Salvino following three years of declining revenues. Headquartered in Ashburn, DXC has roughly 130,000 employees serving […]

Professional Services 2023: RUTH ‘PAIGE’ CLAY
Virginia 500 August 29, 2024

Professional Services 2024: RUTH ‘PAIGE’ CLAY

In January, Clay became global sales and client engagement leader for Marsh McLennan in addition to being a senior partner for its Mercer subsidiary. In her new role, she develops sales and client engagement strategies for the Fortune 500 professional services firm’s four businesses, which collectively have more than 85,000 employees in about 130 countries; […]

Real Estate 2023: STEPHEN BALLARD
Virginia 500 August 29, 2024

Real Estate 2024: STEPHEN BALLARD

Working from home, Ballard and his sister, Brenda, founded S.B. Ballard Construction by completing small projects for the Norfolk Redevelopment and Housing Authority and minor renovations for their neighbors. Over the course of the past 40 years, Ballard has served as a project manager, superintendent, estimator, carpenter and laborer. As president and CEO of S.B. […]

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Top Stories

Carilion Clinic raises $96M for cancer center

Carilion Clinic raises $96M for cancer center

Carilion Clinic is counting on public support to reach its $100 million goal to build a six-story ca[...]

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Emerson to lay off 87 workers in Charlottesville

Emerson Electric plans to lay off 87 workers at its Charlottesville manufacturing facility, starting[...]

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Virginia senators seek injunction against seating 8 rejected BOV appointees

State senators ask for injunction so eight university board appointees can't be installed at three V[...]

Reshoring manufacturing is one of President Donald Trump’s priorities

Reshoring manufacturing is one of President Donald Trump’s priorities

President Donald Trump wants manufacturing jobs to return to the U.S., but it's not as simple as tha[...]

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U.Va. president resigns under pressure from DOJ

University of Virginia President Jim Ryan has resigned, saying he can't fight the federal government[...]

Rendering of the Manning Institute of Biotechnology's building at the Fontaine Research Park in Charlottesville. Image courtesy University of Virginia

UVA Health receives $50M in two anonymous gifts for Manning Institute

Two anonymous donors have given $25 million gifts to support the University of Virginia's Manning In[...]

People

A man wears a navy blue blazer and a green tie.

Dominion promotes Baine to EVP of utility operations

1/7/2025

Virginia 500 July 2025 Spotlight: Michael J. Lutes

Virginia 500 July 2025 Spotlight: Michael J. Lutes

29/6/2025

Virginia Bankers Association names new chair

Virginia Bankers Association names new chair

24/6/2025

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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