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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[...]

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

U.Va. Darden School dean reappointed to third term

U.Va. names next president, defying Spanberger

The University of Virginia's board named Darden School of Business Dean Scott Beardsley as the unive[...]

George Holm will transition to executive chairman of PFG on Jan. 1. Photo courtesy PFG

Performance Food Group announces Jan. 1 CEO transition

Performance Food Group names Scott McPherson CEO effective Jan. 1, 2026, as George Holm transitions [...]

Server room interior in datacenter. Depositphotos

Another massive data center campus proposed in Prince William

LSI 360 has filed an early planning application tied to a massive, proposed data center campus in we[...]

Port of Virginia nears finish of $450M dredging project

Federal employment, trade declined in 2025 in Virginia

Virginia saw some economic growth in 2025, but it was slow compared to 2024, and statewide unemploym[...]

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilitie[...]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Mars completes $36B Kellanova acquisition

McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion [...]

People

SHRM Linkage has appointed Tracey Walker as its new CEO, effective. Dec. 3. Photo Courtesy SHRM Linkage

SHRM Linkage taps new CEO

19/12/2025

Science Applications International Corp. (SAIC) has tapped Peraton executive Ravi Dankanikote to be chief growth officer. Photo courtesy SAIC

Peraton executive returns to SAIC as chief growth officer

17/12/2025

Theodore “Ted” Tanner Jr. will join Leidos as CTO in January. Photo courtesy Leidos

Leidos names AI chief technology officer

15/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

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[...]


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