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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Real Estate 2023: JEFFREY M. HYDER
Virginia 500 August 29, 2024

Real Estate 2024: JEFFREY M. HYDER

In August 2023, Hyder succeeded Stewart D. Roberson as president and CEO of the architecture firm, as Roberson stepped into the board chair role. Hyder was no newcomer; he joined Moseley in 1993 after earning his bachelor’s degree from Virginia Tech’s School of Architecture. In the past 30 years, Hyder has served as an architect, […]

Transportation 2023: WEBB ESTES
Virginia 500 August 29, 2024

Transportation 2024: WEBB ESTES

A family man, Estes follows in his great-grandfather’s footsteps leading Estes Express Lines, the largest privately owned freight carrier in North America. In January 2023, he was promoted to president and COO, succeeding his father, Rob Estes, who is now board chairman and CEO. The 93-year-old Estes Express has acquired 24 terminals from the former […]

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Virginia 500 August 29, 2024

Transportation 2024: BEAU MEMORY

Memory started with Transurban, an Australian transportation company operating express toll lanes in Northern Virginia, in November 2023 after serving as executive director of the E-470 Public Highway Authority in Denver. At Transurban, he oversees the company’s 53 miles of toll lanes on the Capital Beltway and interstates 95 and 395, as well as the […]

Finance | Insurance 2023: JEFF WRIGHT
Virginia 500 August 29, 2024

Insurance 2024: JEFF WRIGHT

Since 2022, Wright has served as CEO of the U.S. division of the Munich-based global travel insurance and assistance company. In April, he received another title: managing director for North America. Elena Edwards had been CEO for North America, as well as chief markets officer and a board member for the parent company, until she […]

Nonprofits | Philanthropy 2023: DR. ELIZABETH CHEROT
Virginia 500 August 29, 2024

Nonprofits | Philanthropy 2024: DR. ELIZABETH CHEROT

Cherot is the first physician to lead the 85-year-old March of Dimes, an organization founded in 1938 by President Franklin D. Roosevelt to combat polio. Today, the March of Dimes focuses on healthy pregnancies and births. An OB-GYN, Cherot joined the nonprofit in January 2023 as senior vice president and chief medical and health officer, […]

Real Estate 2023: JAMIE THOMAS
Virginia 500 August 29, 2024

Real Estate 2024: JAMIE THOMAS

With more than 25 years of experience directing commercial real estate operations, Thomas is the executive managing director and market leader for Colliers Virginia. At Colliers Virginia, he oversees all brokerage operations, recruitment, retention and business development in Richmond, Hampton Roads and Charlottesville, which includes about 60 brokers across the three markets. Thomas joined Collie[...]

Doug Bassett
Virginia 500 August 29, 2024

Manufacturing 2024: DOUG BASSETT

Since 2012, Bassett has served as president of Vaughan-Bassett, the fourth generation of his family to lead the company. Vaughan-Bassett has been crafting furniture for 105 years now, since 1919. Its brands include Vaughan-Bassett Furniture, Artisan & Post and Laurel Mercantile Co. Home by Ben & Erin Napier. The company, which employs about 500 craftsmen, […]

Arts | Entertainment | Sports 2023: CORAN CAPSHAW
Virginia 500 August 29, 2024

Arts | Entertainment | Sports 2024: CORAN CAPSHAW

In January, Red Light and Live Nation broke ground on Riverfront Amphitheater, a new 7,500-capacity music venue in downtown Richmond that is expected to open in summer 2025. The $30 million amphitheater will host about 30 events per year and is expected to become a premier outdoor destination, bringing top-name artists to the greater Richmond […]

Media 2023: TIMOTHY O’SHAUGHNESSY 
Virginia 500 August 29, 2024

Media 2024: TIMOTHY J. O’SHAUGHNESSY

O’Shaughnessy was named president and CEO of Graham Holdings in November 2015, taking over from his father-in-law. He had been elected to the board a year before, joining Graham Holdings to guide the company in a new direction following its 2013 sale of The Washington Post. Co-founding LivingSocial in 2007, O’Shaughnessy served as its CEO […]

Nonprofits | Philanthropy 2023: JACK DYER ‘J.D.’ CROUCH II
Virginia 500 August 29, 2024

Nonprofits | Philanthropy 2024: JACK DYER ‘J.D.’ CROUCH II

Following a long and distinguished diplomatic and national security career that included leadership roles in the public and private sectors, Crouch became the USO’s 23rd president and CEO in 2014. The USO, which receives about $200 million in contributions annually, works in more than 250 locations throughout the world and serves 4.5 million service members […]

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Top Stories

The NASA flag waving along with the American flag in the background. Taken March 5, 2021, in Washington, D.C. Photo by AdobeStock

NASA Langley could lose 672 jobs under Trump’s proposed budget

Trump’s 2026 budget proposal could slash 672 jobs at NASA Langley Research Center in Hampton.

Photo of four-story building

Owens & Minor ends $1.36B deal to buy home-based care business

Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.

President Donald Trump talks to workers as he tours U.S. Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson)

Trump’s promised steel and aluminum tariffs go into effect

U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s se[...]

Presenting the 2025 Virginia C-Suite Awards

Presenting the 2025 Virginia C-Suite Awards

Virginia Business is proud to present our inaugural Virginia C-Suite Awards, honoring 33 top executi[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual For[...]

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five [...]

People

Danny Deep. Photo courtesy General Dynamics

General Dynamics promotes EVP to global operations

5/6/2025

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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