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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Hospitality | Tourism 2023: ERIC TERRY
Virginia 500 August 29, 2024

Hospitality | Tourism 2024: ERIC TERRY

With four decades of hospitality experience, Terry has advocated for the Virginia Restaurant, Lodging & Travel Association’s 1,500-plus industry members since joining as president in 2014. In February, Terry applauded the Virginia General Assembly for passing industry-supported legislation to legalize restaurants serving to-go cocktails, making permanent a measure that started as a temporary[...]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: TOM ARSENEAULT

As president and CEO of BAE Systems Inc., the U.S. arm of British defense giant BAE Systems PLC, Arseneault has overseen developments such as the $5.55 billion acquisition in February of Colorado-based Ball Aerospace. In 2023, BAE Systems Inc. reported $13.6 billion in revenue; it employs 41,000 workers worldwide, including 5,200 former Ball Aerospace workers. […]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: LAURA K. IPSEN

After 25 years in Silicon Valley working as an executive for Oracle, Microsoft and Cisco Systems, Ipsen was hired to lead higher education tech company Ellucian in 2017. With 3,800 employees worldwide — including 230 in Virginia — Ellucian boasts an annual revenue approaching $1 billion. In October 2023, Ellucian announced an agreement to purchase […]

Leadership: On the move
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: ADAM RIDDLE

In April 2023, Riddle was named chairman and CEO of Rolls-Royce North America and president of its defense division. Riddle has more than a decade of experience under his belt with the British aerospace, defense and engineering company. Most recently, Riddle headed up Rolls-Royce’s global services division, which accounts for more than half of Rolls-Royce’s […]

U.S. Sen. Mark Warner
Virginia 500 August 29, 2024

Government | Politics 2024: MARK WARNER

Virginia’s Democratic senior senator, Warner is particularly known for chairing the Senate’s Select Committee on Intelligence — and, thanks to a viral pandemic-era video, for making a tuna melt that has been variously described as “cursed” and “an atrocity.” The co-founder of Nextel and Capital Cellular, with an estimated net worth of $215 million, Warner […]

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Virginia 500 August 29, 2024

Health Care 2024: DR. DAVID S. JEVSEVAR

In 2022, Jevsevar became CEO of OrthoVirginia, the largest independent orthopedic practice in the state with 150-plus orthopedic specialists across more than 35 locations in Lynchburg, Northern Virginia, Richmond, Southwest Virginia and Hampton Roads. An orthopedic surgeon with more than three decades of experience, Jevsevar specializes in hip and knee replacements. Jevsevar earned a degree [&hell[...]

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Virginia 500 August 29, 2024

Real Estate 2024: JULIAN G. FRANCIS

Francis joined Beacon Roofing Supply, a Fortune 500 distributor of roofing material, as president and CEO in 2019. Founded in 1928, Beacon is a distributor of building products, including roofing materials and complementary products, such as siding and waterproofing. It has approximately 8,000 employees and operates in all 50 states and in Canada. In 2023, […]

Manufacturing 2023: DAVID LEDESMA
Virginia 500 August 29, 2024

Manufacturing 2024: DAVID LEDESMA

Ledesma became the plant manager of DuPont’s Spruance site in 2021 after serving in the same role at its Buffalo, New York, facility. Built in 1929, DuPont’s Spruance site is the largest of the company’s manufacturing facilities worldwide; it has more than 2,000 employees and produces Tyvek, Nomex and Kevlar. In May, DuPont de Nemours […]

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Top Stories

The interior of a data center

Digital Realty to buy Alexandria VC firm founded by Warner

Digital Realty plans to acquire Alexandria venture capital firm Columbia Capital in a deal that coul[...]

Pictured in 2021, George Mason University President Gregory Washington. Photo courtesy George Mason University

GMU president’s contract extended through 2031

Washington's job appeared to be in jeopardy less than a year ago, as the Trump administration launch[...]

Gov. Abigail Spanberger signs a bill increasing Virginia's minimum wage to $15 per hour by 2028.

Virginia budget with data center tax moves to Spanberger’s desk

Virginia legislators passed a compromise biennial budget Monday that includes an electricity consump[...]

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

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[...]

People

Jacco van Teeffelen. Photo courtesy The Omni Homestead Resort & Spa

Omni Homestead taps new managing director

23/6/2026

CACI International announced that David Young has joined the company as executive vice president and chief operating officer. Photo courtesy CACI

CACI appoints new COO

22/6/2026

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

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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