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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Economic Development 2024: BUDDY RIZER

Loudoun County has landed approximately $8 billion in new commercial investment for fiscal year 2024, according to the county’s economic development department. This year, construction began on the $3 billion Rivana at Innovation Station project, a 6.4 million-square-foot mixed-use development. Rizer has headed Loudoun’s economic development for 17 years and is best known for helping […[...]

For Government Contracting Companies, AI Can Be a Gift That Keeps on Giving
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: KIM LYNCH

Lynch joined Fortune 500 tech company Oracle in January 2023. As Oracle’s executive vice president of government intelligence and defense, Lynch has executed Oracle’s growth strategy and driven innovation in cloud technology. In August 2023, Oracle Cloud Infrastructure was approved to host top secret/sensitive compartmented information missions, allowing the intelligence community and the Depa[...]

Government | Politics 2023: CHARNIELE L. HERRING
Virginia 500 August 29, 2024

Government | Politics 2024: CHARNIELE HERRING

When Democrats took control of the House of Delegates in 2020, Herring became the first woman and first African American to serve as majority leader. After Republicans retook the chamber following the 2021 elections, she became caucus chair but returned to her majority leader role when her party narrowly reassumed power this year. Early experience […]

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Virginia 500 August 29, 2024

Health Care 2024: MARK NANTZ

As the head of Valley Health, Nantz oversees more than 6,000 employees and six hospitals, including two in West Virginia, as well as more than 70 medical practices and other facilities. The health system serves a population of more than 500,000 in the Shenandoah Valley, West Virginia and Maryland. It reported $77.8 million in revenue […]

Alberto Schiavon is CEO of Elephant Insurance, based in Henrico County.
Virginia 500 August 29, 2024

Insurance 2024: ALBERTO SCHIAVON

After earning an MBA at the University of Manchester in England, Schiavon started work at the U.K.’s Admiral Group as an international pricing manager. The Italian executive has led Elephant Insurance, the Admiral Group’s U.S. car insurance segment, since 2017.  In a 2023 financial report for the Admiral Group, Schiavon noted that substantial rate increases […]

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Virginia 500 August 29, 2024

Nonprofits | Philanthropy 2024: ELIZABETH A. McCLANAHAN

A Buchanan County native, McClanahan has led the Virginia Tech Foundation since 2021. She was previously a state Supreme Court justice and president and dean of the Appalachian School of Law. McClanahan, who fondly recalls attending 4-H Congress on the Virginia Tech campus as a teenager, also serves as a senior adviser to the dean […]

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Virginia 500 August 29, 2024

Nonprofits | Philanthropy 2024: JENNIFER MORRIS

Morris has spent nearly 30 years in organizations dedicated to protecting the environment, a passion she developed while teaching in Namibia. She saw how the health of the community she was working with in southwest Africa was impacted by the unhealthy environment. Morris heads a global staff of 4,000 in more than 70 countries and […]

Real Estate 2023: MATT MALONE
Virginia 500 August 29, 2024

Real Estate 2024: MATT MALONE

Under Malone’s leadership, Groundworks is covering a lot of new ground; as of late June, the water management solutions company already had announced nine acquisitions this year.  This year, Groundworks purchased businesses in Seattle, California and Texas, and expanded into Canada with its acquisition of a Calgary basement contractor. The firm’s rapid growth garnered it […]

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Virginia 500 August 29, 2024

Retail 2024: KATE MORA

Kroger tapped Mora to lead its mid-Atlantic division in August. She replaced Lori Raya, who retired after holding the role since 2021. Mora joined Kroger in 2022 as vice president on special assignment supporting End-to-End Fresh, an initiative designed to get the freshest food to shoppers. She went on to serve as vice president for […]

Retail | Wholesale | Food | Beverage 2023: ROBERT S. ‘BOBBY’ UKROP
Virginia 500 August 29, 2024

Retail 2024: ROBERT S. ‘BOBBY’ UKROP

Ukrop’s family started a Virginia grocery chain in 1937, which became Richmond’s dominant supermarket brand before it was purchased in 2009 by Dutch retail conglomerate Ahold. The family retained its beloved prepared foods and bakery operations under the Ukrop’s Homestyle Foods brand. Its baked goods and ready-to-eat meals were initially exclusively sold at Martin’s, but […]

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Top Stories

Sen. Lashrecse Aird speaks during a June 16, 2026, news conference announcing Virginia's cannabis recreational sale framework, along with Gov. Abigail Spanberger and Del. Paul Krizek. Photo by Kate Andrews/Virginia Business

Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered in[...]

Gov. Abigail Spanberger touts the state's support for Jefferson Lab during a June 12 groundbreaking event for the Jefferson Lab Data Center. Photo by Josh Janney

Spanberger backs House budget, but data center tax fight divides Democrats

Gov. Abigail Spanberger said she supports the Virginia House of Delegates proposal of an "expansive"[...]

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[...]

People

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

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

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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