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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

For the Record August 29, 2024

For the Record September 2024

CENTRAL  The City of Richmond is progressing on the new Diamond District baseball stadium for the Richmond Flying Squirrels. The city announced July 25 it had sold about $130 million worth of bonds to fund construction of the stadium, a pivotal step toward building the minor league ballpark that will anchor the new district. The […]

Real Estate 2023: BRETT HITT
Virginia 500 August 29, 2024

Real Estate 2024: BRETT HITT

Hitt Contracting, one of Virginia’s biggest general contracting firms, was started by Hitt’s grandparents in 1930. In 1984, Hitt joined his family’s company as an assistant project manager. He rose through the ranks to become co-president in 2005, and was named co-chairman of the newly formed board in 2017, ushering in a new generation of […]

Real Estate: KIM ROY
Virginia 500 August 29, 2024

Real Estate 2024: ROBB ‘R.J.’ JOHNSON

With more than 30 years in the commercial real estate industry, Johnson started working for The Staubach Co. in 1995, ultimately serving as president for the mid-Atlantic region until the firm merged with JLL in 2008.  A Fortune Global 500 commercial real estate and investment management company, JLL helps clients buy, build, occupy, manage and […]

Real Estate 2023: TERRIE L. SUIT
Virginia 500 August 29, 2024

Real Estate 2024: TERRIE L. SUIT

Suit has led Virginia’s largest trade association, Virginia Realtors, since 2013. Her career in real estate began in 1985 and later transitioned into a 20-year career in mortgage lending. In 1996, Suit received a gubernatorial appointment to the Virginia Real Estate Board, and from 2000 to 2008 she served in the Virginia House of Delegates, […]

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Virginia 500 August 29, 2024

Transportation 2024: MARK A. PERRYMAN

Since joining the Norfolk Airport Authority as its leader in May 2022, Perryman has seen growth in passenger numbers and the Norfolk International Airport, in size and scope. In January, Perryman said he expects several major projects to be underway in the next few years, including a moving sidewalk to accommodate passengers and a new […]

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Virginia 500 August 29, 2024

Agriculture 2024: DAVID GUM

National Fruit Product Co., which sells apple products east of the Mississippi mostly under the White House Foods label, has been family owned since 1908. Gum started working at the company in 1981 at age 20 in an entry-level accounting position. He purchased it from its founding family in 2006. The Gum family also owns […]

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Virginia 500 August 29, 2024

Energy 2024: DIANE LEOPOLD

Since joining Dominion as a power station engineer in 1995, Leopold has risen through the ranks to become one of the utility’s C-suite leaders. In her role, Leopold is responsible for the company’s operating segments, functions and contracted assets, including the Fortune 500 utility’s branches in Virginia and South Carolina. Leopold previously led Dominion’s gas […]

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Virginia 500 August 29, 2024

Law 2024: CAMERON ROUNTREE

Promoted in 2022 to become head of the Virginia State Bar, Rountree leads a team of more than 90 employees who are responsible for the licensing of the state’s 50,000 lawyers. The bar is the administrative agency for the Supreme Court of Virginia, and it disciplines attorneys who violate the court’s rules of professional conduct […]

The Power 50
Virginia 500 August 29, 2024

Professional Services 2024: HORACIO D. ROZANSKI

Born in Argentina, Rozanski joined Fortune 500 global management, technology, engineering and consulting firm Booz Allen in 1991 as an intern in Buenos Aires. In 2015, Rozanski was named president and CEO after holding other leadership positions, including chief operating officer, chief strategy and talent officer, and chief personnel officer. He became chairman this year. […]

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Virginia 500 August 29, 2024

Education 2024: REAR ADM. WILLIAM G. KELLY (U.S. COAST GUARD, RET.)

After nearly four decades of service in the U.S. Coast Guard, Kelly became the sixth president of CNU in July 2023. Founded in 1960 as Christopher Newport College, a two-year branch of William & Mary, CNU is now a four-year public university that enrolls some 5,000 students in the liberal arts and sciences. Kelly previously […]

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Top Stories

On Feb. 28, 2025, Virginia Tech President Tim Sands speaks at the grand opening ceremony for the Innovation Campus' Academic Building One. (Photo by Luke Hayes/Virginia Tech)

Kaine questions Virginia Tech president’s exit

Sen. Tim Kaine questions if Virginia Tech President Tim Sands was pushed out before Gov. Spanberger [...]

Virginia Tech President Tim Sands. Photo by Kristina Rose. Photo courtesy Virginia Tech

Virginia Tech President Tim Sands to step down

Virginia Tech President Tim Sands announced Thursday that he intends to step down in the coming mont[...]

A Lumber Liquidators truck. The flooring retailer is in the final stages of relocating its headquarters and distribution operations from the Richmond region to Tennessee. Photo courtesy Lumber Liquidators

Lumber Liquidators moving HQ, warehousing out of Virginia

Lumber Liquidators is relocating its headquarters and distribution operations from Henrico County to[...]

VCU Health Tappahannock Hospital. Photo courtesy VCU Health.

Medicaid cuts put 10 Virginia hospitals at risk, report says

Medicaid cuts from H.R. 1 put 10 Virginia hospitals at risk of closure or service reduction, impacti[...]

AdobeStock

Martinsville bank sells Justice family’s overdue loans to Omni Hotels entity

Carter Bankshares sold $209.48 million in past-due loans tied to the Justice family to a subsidiary [...]

Wealth advisers reveal ways to avoid bumps

DOE awards $1.8B contract to LLC to manage Jefferson Lab

The U.S. Department of Energy has awarded a new contract to operate the Thomas Jefferson National Ac[...]

People

Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C. regional office. Photo courtesy Divaris Real Estate

Divaris appoints managing principal broker of D.C. regional office

10/4/2026

AeroVironment has appointed Raytheon executive Robert Smith as executive vice president and chief operating officer. Photo courtesy AeroVironment

AeroVironment appoints new COO

10/4/2026

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Richmond Region Tourism names inaugural chief growth officer

2/4/2026

Regions

U.Va. Wise’s SMR control room simulator will aid workforce development, says Chancellor Donna P. Henry. Photo courtesy University of Virginia’s College at Wise

U.Va. Wise installs SMR control room simulator

U.Va. Wise installed a NuScale SMR control room simulator funded by a Virginia Clean Energy grant to[...]

In January, Petersburg became Virginia’s fifth city with a casino. Photo by Jay Paul

Petersburg rolls out temporary Live! Casino

Petersburg launched a temporary Live! Casino featuring 900 slot machines and 30 table games while th[...]

A casino could be in the cards for Winchester. Rendering courtesy Winchester Economic Development Authority

Winchester Council greenlights casino study

Winchester City Council approved a feasibility study for a casino and entertainment complex, with a [...]

Norfolk International Airport officials and regional elected leaders celebrated the opening of the international arrivals facility. Photo by Josh Janney

Norfolk airport undergoes $1B modernization

As passenger numbers at Norfolk International Airport grow past pre-pandemic levels, the airport is [...]


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