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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Retail 2024: ELIZABETH ‘LIZA’ MYERS BORCHES

Founded in 1924 by Borches’ great-grandfather, Carter Myers Automotive is Virginia’s fifth largest car sales group, with 24 dealerships selling 18 brands. It currently ranks No. 87 on Automotive News’ Top 150 Dealership Groups list, down 12 spots from 2023. Borches became CEO in 2012. The company employs more than 1,000 people in Virginia, all […]

The Power 50
Virginia 500 August 29, 2024

Retail 2024: ARIE KOTLER

An Israeli native, Kotler has led Arko, the nation’s sixth largest convenience store chain and parent company of GPM Investments, since 2020, when it merged with Haymaker Acquisition Corp. II to become a U.S.-listed public company. He founded GPM in 2003, sold the business and reacquired it in 2011.  The company has been on an […]

Economic Development 2023: TELLY TUCKER
Virginia 500 August 29, 2024

Economic Development 2024: TELLY TUCKER

Tucker previously was director of Arlington Economic Development, and also served five years as director of economic development for Danville before returning to Southern Virginia in May 2022 to head  IALR, a regional hub for advanced manufacturing training initiatives and economic development. In February, IALR launched its Naval Aviation School for Additive Manufacturing, a six-week […]

Professional Services 2023: STEPHANIE R. PETERS
Virginia 500 August 29, 2024

Professional Services 2024: STEPHANIE R. PETERS

Peters has led the state’s professional association for CPAs since 1997, representing nearly 13,000 members in both the public and private sectors. Last year, VSCPA announced an investment in the Center for Audit Quality’s Accounting+ program, a national campaign that aims to attract a new generation of diverse students to the industry. The accounting industry […]

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Virginia 500 August 29, 2024

Professional Services 2024: DANNY ROBINSON

In January, after serving as The Martin Agency’s chief creative officer since 2020, Robinson became the advertising agency’s CEO, succeeding Kristen Cavallo, who retired. Robinson joined Martin two decades ago and has overseen campaigns for national clients like Geico, UPS and Old Navy. During his tenure as chief creative officer, Adweek named Martin its Agency […]

Real Estate 2023: BARBARA M. WOLCOTT
Virginia 500 August 29, 2024

Real Estate 2024: BARBARA M. WOLCOTT

A five-decade Hampton Roads real estate veteran, Wolcott leads a residential real estate and property management company created by the 2023 merger of Rose & Womble Realty and Berkshire Hathaway HomeServices Towne Realty. With more than 750 agents across southeastern Virginia and northeastern North Carolina, the firm has the backing of TowneBank and is a […]

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Virginia 500 August 29, 2024

Education 2024: KEVIN F. HALLOCK

A labor market economist with a doctorate from Princeton, Hallock joined the private University of Richmond in 2021. One of the school’s long-term goals has been affordability. Need-based aid packages at UR average $60,740 toward the roughly $80,000 annual costs for tuition and room and board. In September 2023, UR’s Robins School of Business received […]

Arts/Entertainment/Sports: KEVIN LEMBKE
Virginia 500 August 29, 2024

Arts | Entertainment | Sports 2024: KEVIN W. LEMBKE

Set on a new track and fully restored, the famous Loch Ness Monster roller coaster roared back into action in May for its 46th year of operation. According to Busch Gardens Williamsburg, Nessie was the world’s first interlocking loop coaster. In addition to the Loch Ness coaster’s reopening, the park launched a new event, “Summer […]

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Virginia 500 August 29, 2024

Media 2024: JIM VANDEHEI

VandeHei co-founded Axios in 2016; it launched in 2017. Five years later, Atlanta-based Cox Enterprises acquired it for a reported $525 million. However, VandeHei remains at the helm as CEO. Communications software business Axios HQ became an independent company. A University of Wisconsin Oshkosh alumnus, VandeHei began on his entrepreneurial journey after spending time as […]

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Virginia 500 August 29, 2024

Hospitality | Tourism 2024: JUSTIN G. KNIGHT

As CEO of Apple Hospitality, a publicly traded real estate investment trust, Knight oversees more than 220 hotels, mainly Hilton and Marriott brands, in 37 states and Washington, D.C. He joined the company in 2000 and took over from his father, founder Glade Knight, in 2014. The elder Knight serves as executive chairman of the […]

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Top Stories

Gov. Abigail Spanberger touts the state's support for Jefferson Lab during a June 12 groundbreaking event for the Jefferson Lab Data Center. Photo by Josh Janney

Spanberger backs House budget, but data center tax fight divides Democrats

Gov. Abigail Spanberger said she supports the Virginia House of Delegates proposal of an "expansive"[...]

John G. Rocovich Jr. talks with cadets during the Distinguished Alumni of the Corps award ceremony in 2025. Photo courtesy Virginia Tech

Rocovich sues Spanberger, seeks reinstatement on Virginia Tech board

Less than two weeks after being removed from the Virginia Tech's Board of Visitors, John Rocovich su[...]

Private schools’ graduation numbers remain stable

Trey Falwell sues Liberty for $1.75M

Jerry “Trey” Falwell III is suing Liberty University for $1.75 million, alleging the school brea[...]

Patients’ favorites

13 rural hospitals in Virginia at risk of closure, new report finds

Thirteen of Virginia's 36 rural hospitals are at risk of closure in a new report from the Virginia J[...]

Marijuana plants are seen inside the Glass House Farms flowering greenhouse in Camarillo, California, on April 13, 2022. Photo by Reuters/Shannon Stapleton

Virginia medical marijuana market consolidates

Virginia’s medical marijuana market consolidates as Arboretum Virginia is now assigned two of Virg[...]

Brad Hall. Photo courtesy Virginia Chamber of Commerce

Virginia Chamber of Commerce taps new leader

The Virginia Chamber of Commerce appointed former Appalachian Power executive Brad Hall as president[...]

People

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

9/6/2026

Hampden-Sydney College President Larry Stimpert. Photo courtesy Hampden-Sydney College

Hampden-Sydney president to retire next year

8/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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