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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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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 […]

Virginia 500 August 29, 2024

Retail 2024: REID A. BROWN

Brown is among the fourth generation to run Brown Distributing, a company that began in 1919 as a bottling operation for cherry cola and has grown into a major beverage-distribution business. He joined the family business in 2006. His brother, Jason Brown, came on board in 1999 and serves as vice president. Brown Distributing serves […]

The Power 50
Virginia 500 August 29, 2024

Retail 2024: GEORGE L. HOLM

Holm became Performance Food Group’s leader in 2008 after more than four decades in the food service-distribution industry, with leadership roles at Sysco, US Foods, Alliant Foodservice and Vistar. He became president and CEO of PFG when the Blackstone Group and Wellspring Capital Management purchased PFG and merged it with a subsidiary of Vistar, where […]

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Top Stories

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google’s Botetourt data center campus may use 8M gallons of water daily

Unredacted documents reveal Google’s planned Botetourt data center may require 2M–8M gallons of [...]

Bryan H. Fairbanks will retire after nearly 23 years with Trex. Photo courtesy Trex

Trex CEO Bryan Fairbanks to retire in April

Trex Co. announced Tuesday that President and CEO Bryan H. Fairbanks will retire April 28 after near[...]

Southern Virginia Multimodal Park. Photo courtesy Matt Rowe, Pittsylvania County's economic development directo

Avio USA picks Pittsylvania for $500M solid rocket motor plant

Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs i[...]

Victor Hoskins. Photo courtesy Fairfax County Economic Development Authority.

Hoskins to exit Fairfax EDA after six-year tenure

Victor Hoskins will leave the Fairfax County EDA after six years, a tenure credited with nearly 64,0[...]

Hampton logistics company closes, laying off 63

AOL to lay off 108 tied to Reston office

AOL plans 108 layoffs linked to its Reston office as Bending Spoons completes its acquisition of the[...]

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism o[...]

People

Dr. Reid Adams. Photo courtesy UVA Health.

UVA Health promotes inaugural chief medical officer

24/2/2026

Atlantic Union Bankshares new CFO Alexander Dodd

Atlantic Union Bankshares appoints new CFO

24/2/2026

Douglas Coleman, SPA's chief legal officer. Photo courtesy Systems Planning & Analysis

Alexandria-based SPA names chief legal officer

18/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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