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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

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 DREILING CHA[...]

Transportation 2023: CHARLES W. McDANIEL
Virginia 500 August 29, 2024

Transportation 2024: CHARLES W. McDANIEL

McDaniel is Hilldrup’s fourth president since the Fredericksburg-based moving, storage and logistics company was founded in 1903. The McDaniel family has owned the company since 1940. McDaniel also chairs the board for UniGroup, the Missouri-based parent company of United Van Lines and Mayflower Transit. McDaniel has grown the company since starting his current position, generating […]

Leadership: The Virginia Power 50 List
Virginia 500 August 29, 2024

Banking | Finance 2024: RICHARD FAIRBANK

After earning an economics degree and an MBA from Stanford University over a decade, Fairbank landed at Virginia’s Signet Bank, where he co-created the business that became Capital One, the Fortune Global 500 credit card giant. Fairbank became CEO in 1994 during Capital One’s initial public offering. In 2023, the bank reported $36.8 billion in […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: JAFFRAY WOODRIFF

In April, the University of Virginia opened the School of Data Science building, which was built using a portion of a $120 million gift in 2019 from the Quantitative Foundation, the family foundation of Woodriff and his wife, Merrill, who are both alumni. The donation remains the largest in U.Va.’s history. Woodriff started studying baseball […]

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Virginia 500 August 29, 2024

Hospitality | Tourism 2024: THOMAS J. BALTIMORE JR.

After completing major renovation projects at several properties in 2023, Park Hotels & Resorts reported higher first-quarter 2024 revenue per available room and occupancy compared to the same period in 2023. The company reported almost $2.69 billion in 2023 revenues, up from $2.5 billion in 2022. Park Hotels & Resorts also moved up 30 places […]

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Virginia 500 August 29, 2024

Government | Politics 2024: LUKE TORIAN

As chair of the House Appropriations Committee, Torian oversees the creation of the single biggest piece of legislation his chamber passes every year: the budget. Difficult in the best of times, the budget process in recent years has been complicated by divided state government. In 2023, with Republicans in control of the House of Delegates […]

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Top Stories

An offshore wind turbine. A boat sits in the background.

Federal court grants Dominion injunction, allowing offshore wind construction to proceed

Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resum[...]

Depositphotos

Virginia luxury packaging provider plans $34M HQ expansion

Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and mo[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

TowneBank in Chesterfield County. Photo by Kira Jenkins

TowneBank completes $476M acquisition of Dogwood State Bank

Suffolk-based TowneBank announced Monday that it has completed its $476 million acquisition of North[...]

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Virginia Supreme Court orders new trial in $2B Appian-Pega case

The Virginia Supreme Court ordered a new trial in a $2 billion trade secrets lawsuit involving McLea[...]

People

Dr. Ameya Kulkarni being named Kaiser's executive director.

Kaiser Permanente names mid-Atlantic medical director

15/1/2026

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Real Estate Information Network's new president John Chandler. Photo courtesy REIN

REIN announces 2026 board of directors

12/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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