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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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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 [&hellip[...]

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. […]

Real Estate 2023: T. RICHARD LITTON JR.
Virginia 500 August 29, 2024

Real Estate 2024: T. RICHARD LITTON JR.

Litton oversees the day-to-day operations of the commercial real estate and management company, which currently boasts $19 billion in real estate investment properties, with diversified property portfolios including office, retail and multifamily properties. Additionally, he manages Harbor Group International’s transaction group and is involved with capital-raising efforts, and also chairs t[...]

Leadership: The Virginia Power 50 List
Virginia 500 August 29, 2024

Real Estate 2024: C. LEE WARFIELD

First joining Thalhimer as an associate broker in 1995, Warfield now leads the real estate firm’s seven offices and 450 associates in Virginia. In 2016, he became Thalhimer’s fourth CEO since its 1913 founding, adding to the role of president, which he has held since 2011. Warfield has been chairman of Thalhimer’s board since 2017. […]

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Top Stories

Server room interior in datacenter. Depositphotos

Data center developer to build $3B campus in Caroline

CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn You[...]

A Capital One sign in front of a glass-paneled building

FDIC files counterclaim against Capital One in special assessment case

This week the Federal Deposit Insurance Corp. filed a counterclaim against McLean-based bank Capital[...]

Flags wave on the roof of the State Capitol in Richmond, Va. Feb. 26, 2011. (AP Photo/Steve Helber)

Virginia Senate Democrat files right-to-work repeal bill

Democratic state Sen. Jennifer Carroll Foy has filed legislation to repeal Virginia's right-to-work [...]

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Amazon buys 189 acres in Prince William tech park for $700M

Amazon Data Services has bought approximately 188.5 acres in Prince William County for a whopping $7[...]

Stephen Edwards tapped for national port association board

Edwards to step down as Port of Virginia CEO

Stephen A. Edwards is stepping down at the end of the year as the Virginia Port Authority's CEO and [...]

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Ex-U.Va. president alleges board members ‘complicit’ in exit

Former University of Virginia president Jim Ryan on Friday sent a 12-page letter to the university's[...]

People

Tara Y. Harrison is retiring as the chief financial officer of Charlottesville-based Virginia National Bank. Photo courtesy Virginia National Bank.

Virginia National Bank CFO to retire

20/11/2025

McLean-based Bogart Wealth has appointed Allen Eickelberg as its chief operating officer. Photo courtesy Bogart Wealth

Bogart Wealth announces new COO

19/11/2025

Regent University names law school dean

Regent University names law school dean

13/11/2025

Regions

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]

Roanoke remembers Hurricane Juan’s 1985 toll

Roanoke remembers Hurricane Juan’s 1985 toll

Forty years ago, remnants of Hurricane Juan dumped buckets of rain on the Roanoke Valley for days. T[...]

Newport News airport shifting beyond commercial flights

Newport News airport shifting beyond commercial flights

Following years of declining commercial air travel, the Newport News-Williamsburg Airport is expandi[...]


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