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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Real Estate 2024: KIM ROY

In 2017, Roy was appointed the first nonfamily member to lead the then-80-year-old company. Interested in building from a young age, she graduated from Virginia Tech with a bachelor’s degree in construction. Roy joined Hitt in 1999 as an assistant project manager. Founded in 1937, Hitt has more than 1,600 employees in 14 U.S. office […]

Education 2023: DONNA PRICE HENRY
Virginia 500 August 29, 2024

Education 2024: DONNA PRICE HENRY

Henry is the college’s first female chancellor since its founding in 1954 as a junior college with two buildings. She presides over a four-year liberal arts college encompassing 396 acres with 26 main buildings, attended by more than 1,900 students. Chancellor since 2013, Henry previously spent 16 years in a variety of positions at Florida […]

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Virginia 500 August 29, 2024

Manufacturing 2024: KAI FRIEDRICH

Friedrich joined Liebherr’s U.S. operations in 2021 as its managing director and director of the global company’s earthmoving and material- handling technology. He also serves as a divisional director for construction equipment. Friedrich has worked for the Swiss equipment manufacturer for two decades, previously serving in management roles in Saudi Arabia, South Africa and Switzerland. [&hell[...]

Manufacturing 2023: ANDY GIRVIN
Virginia 500 August 29, 2024

Manufacturing 2024: ANDY GIRVIN

Girvin manages the largest factory for chemical manufacturer AdvanSix, which boasts approximately 750 workers. In 1994, he joined Honeywell as a project engineer, working as global asset manager for its resin and chemicals division, which was spun off into AdvanSix in 2016. In spring 2023, Girvin faced challenges, including nearly half of the AdvanSix Hopewell […]

Manufacturing 2023: THOMAS E. ‘TEDDY’ GOTTWALD
Virginia 500 August 29, 2024

Manufacturing 2024: THOMAS E. ‘TEDDY’ GOTTWALD

Gottwald joined NewMarket, parent company of Afton Chemical and Ethyl, in 1984 and worked in its petroleum additives and former plastics businesses before succeeding his father, Bruce, as chairman of the board two decades later. NewMarket traces its roots to Ethyl Gasoline Corp., a company acquired in 1962 by Albemarle Paper Manufacturing Co., which was […]

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Virginia 500 August 29, 2024

Manufacturing 2024: KOEN KNIPPENBERG

In June, Knippenberg began his new role as Volvo’s senior vice president in North America for Group Truck Operations (GTO), a position in which he oversees four vehicle assembly plants: Volvo’s New River Valley plant in Dublin; two Mack Trucks factories in Roanoke County and Pennsylvania; and a heavy-duty truck plant under construction in Mexico. […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: VIKRAM ‘VIK’ ATAL

PRA Group, a global business that acquires and collects on nonperforming loans, reported a net loss of $83.5 million in fiscal 2023, after reporting a net income of $117.1 million in 2022.  In a letter to shareholders about 2023 numbers, Atal, explained that when he was named CEO in March 2023, his goal was to […]

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Virginia 500 August 29, 2024

Professional Services 2024: JEREMY BLANK

With nearly three decades under his belt at Deloitte, Blank was promoted in January from head of the Big Four global accounting firm’s Greater Washington market to a national role as U.S. tax chief strategy officer. In his new job, Blank oversees services for national and global tax clients, including specializations such as tax planning, […]

Telecommunications 2023: MATTHEW J. DESCH
Virginia 500 August 29, 2024

Telecommunications 2024: MATTHEW J. DESCH

Desch joined Iridium as CEO in 2006, took the company public in 2009 and subsequently replaced its first-generation network with new satellites that are expected to last into the mid-to-late 2030s. Iridium has been inventing new services and finding new partners since. In April, the global satellite communications company acquired Reston-based Satelles, a provider of […]

Retail | Wholesale | Food | Beverage 2023: MICHAEL SEVER
Virginia 500 August 29, 2024

Retail 2024: MICHAEL SEVER

Sever, a longtime Hershey employee, was named plant manager of the candymaker’s Stuarts Draft manufacturing facility in 2022. He had previously been site operations leader at the facility, which produces nut-based candies like Reese’s Peanut Butter Cups and Almond Joy. The plant, which opened in 1982, is the second largest of Hershey’s seven manufacturing sites. […]

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Top Stories

Trump slaps tariffs on drugs, furniture, trucks

Trump slaps tariffs on drugs, furniture, trucks

Starting Oct. 1, Trump will impose tariffs of up to 100% on drugs, cabinets, furniture and heavy tru[...]

White House budget office tells agencies to draft mass firing plans ahead of potential shutdown

White House budget office tells agencies to draft mass firing plans ahead of potential shutdown

OMB told agencies to prepare mass layoffs if the government shuts down next week, escalating pressur[...]

The University of Virginia lawn. Photo courtesy U.Va.

15 Virginia schools make U.S. News’ 2026 universities list

Fifteen Virginia schools made the U.S. News & World Report’s 2026 Best National Universities list.[...]

President Donald Trump speaks as Commerce Secretary Howard Lutnick listens alongside a poster of the Trump Gold Card in the Oval Office of the White House, Friday, Sept. 19, 2025, in Washington. (AP Photo/Alex Brandon)

Virginia employers face new costs from Trump’s $100k H-1B visa fee

Trump’s $100K H-1B visa fee sows uncertainty for employers, universities and immigrant advocates, [...]

Bon Secours St. Francis Medical Center. Photo by Virginia Business/Kira Jenkins.

State rejects St. Francis hospital expansion

The Virginia state government has rejected a request from Bon Secours’ St. Francis Medical Center [...]

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RTX subsidiary hit by major cyberattack

A major ransomware against an RTX subsidiary disrupted check-in and boarding systems at several airp[...]

People

Bob Wills is CEO of the Branch Group. Photo courtesy Branch Group

Branch Group CEO plans 2026 retirement

26/9/2025

Hawkeye 360 announces new CFO

Hawkeye 360 announces new CFO

25/9/2025

Redhorse taps new CEO

Redhorse taps new CEO

24/9/2025

Regions

Virginia Gov. Glenn Youngkin, state Secretary of Commerce and Trade Caren Merrick and Microporous CEO John Reeves were among officials participating in a Nov. 13, 2024, ceremonial groundbreaking for Microporous' lithium-ion battery plant at the Southern Virginia Megasite at Berry Hill in Pittsylvania County.

Area Development ranks Virginia No. 1 for workforce training

The Virginia Talent Accelerator Program has been ranked the top workforce training program in the na[...]

Nostalgia-fueled Colony House reopens

Nostalgia-fueled Colony House reopens

Thanks to $10 million in 21st-century improvements, Roanoke’s Colony House Motor Lodge will on[...]

Chesterfield zoning update moves forward

Chesterfield zoning update moves forward

Chesterfield County advances ZOMod, its zoning overhaul aligning rules with growth goals. Final vote[...]

Peninsula businesses to get capital boost

Peninsula businesses to get capital boost

Small and midsize businesses in distressed and underserved areas of Hampton and Newport News will be[...]


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