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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Banking | Finance 2024: GWEN FAW

In April, Faw, who has worked at Wells Fargo for close to three decades, was named the regional executive for the greater Virginia market, a territory that spans from Virginia Beach to Bristol. She replaced Janet M. Tope, who worked at Wells Fargo for more than 35 years before retiring this spring.    Faw, who lives […]

Hospitality | Tourism 2023: NEEL DESAI
Virginia 500 August 29, 2024

Hospitality | Tourism 2024: NEEL DESAI

Desai joined LTD Hospitality Group in 1998 as the second generation of the family-owned hotel development and management company co-founded by Desai’s father in 1983. As a managing principal, he oversees property management and the profitability of its portfolio Following in those entrepreneurial footsteps, Desai in 2021 invested in Dallas-based fast food franchise Super Chix […]

Hospitality | Tourism 2023: MICHAEL GEORGE
Virginia 500 August 29, 2024

Hospitality | Tourism 2024: MICHAEL GEORGE

A 40-year hospitality industry veteran, George founded Crescent Hotels & Resorts in 2001. The company operates more than 100 hotels and resorts in the U.S and Canada. Its hotel portfolio includes Marriott, Hilton and Hyatt brands, along with the Latitudes: Lifestyles by Crescent collection of independent hotels and resorts. In May, Crescent added the dual-branded […]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: WILLIAM H. ‘BILL’ DEAN

In August 2023, Dean opened the doors to a new, 168,000-square-foot building on his company’s manufacturing campus in Caroline County, completing a five-year, $63 million phase three expansion that created more than 500 jobs in Virginia. It’s just the latest development for Dean, who grew the relatively small business that his grandfather started in 1949 […]

Dr. Craig Kent was CEO of UVA Health until his resignation in February 2025. Photo courtesy University of Virginia
Virginia 500 August 29, 2024

Health Care 2024: DR. K. CRAIG KENT

Since joining UVA Health in 2020, Kent, a vascular surgeon who grew up in Nevada, has overseen significant expansion of the integrated health system. With University of Virginia President Jim Ryan, Kent helped establish the $350 million Paul and Diane Manning Institute of Biotechnology, which broke ground in late 2023. Recognizing Kent’s work, members of […]

Dr. Marlon Levy
Virginia 500 August 29, 2024

Health Care 2024: DR. MARLON LEVY

Levy has held his interim posts for nearly two years since Virginia Commonwealth University leadership pushed Dr. Art Kellermann to resign. Kellermann’s November 2022 exit came shortly before news broke in 2023 that VCU Health had paid approximately $73 million to back out of a $325 million development project that Kellermann warned against. Levy appeared […]

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Virginia 500 August 29, 2024

Real Estate 2024: MARK DAVID EIN

Founded in 1972, Kastle Systems is a building and security systems provider that employs 700 people, including more than 100 Virginians. An investor, entrepreneur and philanthropist, Ein also is a minority owner of the Washington Commanders as of 2023. Ein is founder and owner of MDE Sports, which owns the Mubadala Citi DC Open tennis […]

Real Estate 2023: CARL L. HARDEE
Virginia 500 August 29, 2024

Real Estate 2024: CARL L. HARDEE

Hardee has been with Lawson Cos. for more than half of its 52-year tenure, and he became president and CEO in 2016. He oversees a 190-employee real estate company specializing in the development, construction and management of affordable, low-income and market-rate multifamily housing communities. Although the company got its start in Hampton Roads and still […]

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Virginia 500 August 29, 2024

Education 2024: MARCIA CONSTON

Conston became TCC’s sixth president in January 2020, just before the pandemic. Laser-focused on ensuring student success despite the daunting challenge, she guided the college forward with a strategic plan — Innovate 2026 — and a vision “to be the community’s first choice for education, opportunity, partnership and innovation.” The second largest college in the Virginia [&hel[...]

Virginia 500 August 29, 2024

2024 Virginia 500: Retail | Wholesale | Food | Beverage

ROBERT A. ‘BOB’ ARCHER CHAIRMAN, BLUE RIDGE BEVERAGE, SALEM     ELIZABETH ‘LIZA’ MYERS BORCHES PRESIDENT AND CEO, CARTER MYERS AUTOMOTIVE, CHARLOTTESVILLE     YOUNG CHOI PRESIDENT AND CEO, STARKIST, RESTON     REID A. BROWN PRESIDENT, BROWN DISTRIBUTING, RICHMOND MICHAEL DAVIS CEO AND PRESIDENT, CORT BUSINESS SERVICES, CHANTILLY     RICK DREI[...]

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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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