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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Adams-Gaston_DrJavaune_NEW
Virginia 500 August 29, 2024

Education 2024: JAVAUNE ADAMS-GASTON

Under Adams-Gaston’s leadership since 2019, Norfolk State has racked up achievements ranging from regularly ranking among U.S. News & World Report’s top 20 historically Black colleges and universities to attaining a 10-year reaffirmation of accreditation from the Southern Association of Colleges and Schools Commission on Colleges. The public university also has attracted big-dollar donatio[...]

Dore_David
Virginia 500 August 29, 2024

Education 2024: DAVID DORÉ

When Doré arrived in Richmond in April 2023 to become the 10th chancellor of the Virginia Community College System, he began his tenure by traveling 3,600 miles in 36 days on a listening tour across the state. As head of the state’s community college system, Doré oversees 23 colleges with 40 campuses and more than […]

Davis_Mike
Virginia 500 August 29, 2024

Retail 2024: MICHAEL DAVIS

In January, Davis stepped into the role of CEO at Cort Business Services, a Berkshire Hathaway-owned company that includes Cort Furniture Rental, Cort Trade Show and Events, and other businesses. He succeeded Jeffery Pederson, who retired after having led the company since 2012. Cort has more than 100 offices, rental showrooms and retail furniture outlets nationally. […]

Virginia 500 August 29, 2024

Retail 2024: ROBERT PETERSON

Rosenthal Automotive has been a family affair since its beginning in 1954, when the late Robert Rosenthal and his father opened an Arlington County Chevy dealership. During the next six decades, Rosenthal grew the business into a $1 billion company with 16 dealerships at 13 locations across the Washington, D.C., metro area. Upon Rosenthal’s retirement […]

Corby_Roby
Virginia 500 August 29, 2024

Hospitality | Tourism 2024: ROY CORBY

Rivers Casino Portsmouth made history in January 2023, becoming the first permanent casino to open in Virginia. The 250,000-square-foot, $340 million casino created 1,300 permanent jobs locally. It had almost $250 million in gaming revenue in its first year of operation, generating an estimated $42 million in state and local taxes.  In May, the casino […]

Colbert_Ted_1080x1080
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: THEODORE ‘TED’ COLBERT III

Colbert was named the head of Boeing’s defense, space and security sector in 2022. Colbert restructured the defense program, but Boeing is still years behind schedule on aircraft and tanker deliveries; his unit logged nearly $1 billion in losses in 2023 alone. In January, a Boeing official said that they plan to get the unit […]

Trundle_Steve
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: STEPHEN TRUNDLE

Trundle has led Tysons-based home security tech company Alarm.com since May 2003, coming aboard from its founding parent company, MicroStrategy, where he served as chief technology officer. MicroStrategy sold the spinoff security business to investors in 2009, and Alarm.com, which now has 2,000 employees, went public in 2015. Alarm.com has become known for its rapid […]

Reed_Maggie
Virginia 500 August 29, 2024

Real Estate 2024: MAGGIE REED

In April 2022, Gilbane Building tapped Reed to lead the business unit for its Richmond office. One of the construction company’s youngest vice presidents, she has managed over $1 billion in contracts during her career. She is responsible for driving sales and supervising more than 70 employees. In July, the Richmond Flying Squirrels selected Gilbane […]

Sands_Tim
Virginia 500 August 29, 2024

Education 2024: TIMOTHY SANDS

Sands became the land-grant university’s 16th president in 2014 after serving as interim president at Purdue University. He signed a contract in August 2022 to stay on as president through the 2027 academic year. Sands has been leading development of Virginia Tech’s Innovation Campus, a $1 billion campus in Alexandria for graduate computer science and […]

Spilman_Robert
Virginia 500 August 29, 2024

Manufacturing 2024: ROBERT H. SPILMAN JR.

Spilman has led Bassett Furniture as CEO since 2000, also becoming the company’s board chairman in 2016. He has been with the home furniture manufacturer and seller for four decades and succeeded his father, Robert H. Spilman Sr., as CEO. The company, with almost 90 locations nationally, reported a 19.6% decrease in net sales for […]

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Top Stories

Virginia Gov. Glenn Youngkin speaks at a Sept. 16, 2025, news conference announcing a $5 billion Eli Lilly pharmaceutical manufacturing plant for Goochland County. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Youngkin takes chairman role at Red Cell Partners

Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technolo[...]

Tatia Daniels Granger. Photo courtesy Averett University

Averett University names next president, its fourth in 18 months

Tatia Daniels Granger becomes Averett University's fourth president in 18 months as the Danville sch[...]

KevinMurphy_500Web

Ferguson planning $1.6B acquisition of Texas valve distributor

Ferguson Enterprises announced that it has agreed to acquire FloWorks for $1.6 billion from private[...]

Michael LaRouche. Photo courtesy Serco

Serco CEO is leaving to lead KBR spinoff

Serco CEO Michael LaRouche is leaving the company to lead the planned spinoff of KBR's Mission Tec[...]

At the Norfolk International Terminals, four ultra-large container vessel berths are in operation. Photo courtesy Port of Virginia

Virginia ranks No. 3 in CNBC Top States for Business list

Virginia is ranked third in the annual CNBC Top States for Business list, up one spot from last year[...]

Server room interior in datacenter. Depositphotos

Prince William supervisors reject another big data center project

The Prince William County Board of Supervisors on Tuesday night rejected a comprehensive plan amendm[...]

People

Peraton’-new-CFO-Salim-Omar

Peraton promotes acting CFO to permanent role

16/7/2026

Diana Cantor. Photo courtesy VCU Health

Richmond-area attorney is first elected chair of VCU Health

15/7/2026

Robin-Rossmann

CoStar taps European managing director as next CFO

15/7/2026

Regions

Newport News, Virginia Tech and state officials on April 22 hold a ribbon cutting to celebrate SEFC’s opening. Photo by Josh Janney/Virginia Business

Energy tech hub opens in Newport News

The Secure Energy Future Center backed by Virginia Tech opens in Newport News with $2.7 million fund[...]

The new Volvo VNR 300 was introduced in February. Photo courtesy Volvo Trucks North America

Volvo Trucks’ Dublin plant rolls out regional hauler

Volvo Trucks North America’s Dublin plant has begun production of the new VNR regional hauler, boo[...]

Tenaska, a Nebraska energy company, hopes to build a battery energy storage project near Leesburg. Photo by Alamy

$750M battery storage project eyed in Loudoun

Energy company Tenaska is seeking approval for a $750 million, 425-megawatt battery energy storage p[...]

A rendering of Virginia Technology Park, a data center campus proposed in Frederick County Image courtesy Frederick County

Valley communities prepare for data centers

As interest in data centers grows across Virginia, Shenandoah Valley communities are debating how to[...]


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