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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: HERMIDA, E. YURI

As a result of Sauer Brands’ acquisition by private equity firm Advent International from Falfurrias Capital Partners this year, Hermida became CEO of the 138-year-old condiments and seasonings company in March. Specific terms of the deal were not disclosed, but Bloomberg valued it at approximately $1.5 billion. Hermida most recently was executive vice president and chief growth […]

Retail | Wholesale | Food | Beverage 2025: GRAMM, JAMES
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: GRAMM, JAMES

In 1983, barely five years after graduating from high school in Alexandria, Gramm sold two new cars on his first day as a sales rep at a dealership in Vienna. “The retail automobile business has been in my blood ever since,” he says. Gramm worked in car sales in Virginia and Maryland, becoming vice president of […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: HAMILTON, JEFF

Hamilton stepped in as CEO of Arlington-based Nestlé’s Zone Americas division and joined the executive board on July 1. He succeeded Steve Presley, who worked at the company for almost 30 years. Hamilton previously served as business head of Purina PetCare Zone Europe. Now, he oversees Nestlé’s business in North America, Latin America and the […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: FARINO, DALE

A former board vice chair, Farino was named CEO of Virginia Alcoholic Beverage Control Authority in April 2024, succeeding Travis Hill, who led the agency for nearly a decade. Farino was executive vice president of Sandston-based Breakthru Beverage Virginia and previously worked at Tidewater Wholesalers and Coca-Cola Bottling. He also was president of the Virginia […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: FOSTER JR., WATT R.

In 1989, Foster bought Foster Fuels from his father, the late Watt R. “Bobby” Foster Sr. The younger Foster marks the third generation to run the family business, which was founded in 1921. A James Madison University alumnus, Foster held the titles of CEO and president until January 2024, when the company named a new […]

Retail | Wholesale | Food | Beverage 2025: FISHER III, ARTHUR ‘BO’
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: FISHER III, ARTHUR ‘BO’

Fisher Auto Parts, one of the nation’s largest automotive-parts retailers with about 500 locations, is a family affair. Blair Coiner, Bo Fisher’s grandfather, founded the company in 1929 as a small auto-parts sales concern, and it grew under the leadership of Fisher’s father, Art, who died in 2004. A James Madison University graduate, the younger […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: DAVIS, MICHAEL

In January 2024, Davis assumed the role of CEO at Cort Business Services, a Berkshire Hathaway-owned company that includes Cort Furniture Rental, Cort Trade Show and Events, and other businesses. Cort has more than 100 offices, rental showrooms and retail furniture outlets nationally and provides furniture rentals in more than 80 countries. A member of […]

Retail | Wholesale | Food | Beverage 2025: BROWN, REID A.
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: BROWN, REID A.

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 […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: BORCHES, ELIZABETH ‘LIZA’ MYERS

Founded in 1924 by Borches’ great-grandfather, Carter Myers Automotive is one of Virginia’s largest car sales groups, with 24 dealerships selling 18 brands. It ranks 80th on Automotive News’ Top 150 Dealership Groups list, up seven spots from the previous ranking. Borches became CEO in 2012. CMA employs more than 1,000 people in Virginia, all of […]

Agriculture 2025: SINK, SCOTT E.
News September 2, 2025

Agriculture 2025: KING, JOHN

After multinational food company Pilgrim’s Pride announced it was closing a Hinton poultry processing plant in 2004 — constituting a major hit to the local economy — Shenandoah Valley turkey growers formed the Virginia Poultry Growers Cooperative. The co-op employs 565 people and has 165 member-growers; 100% of VPGC’s profits go back to its growers. […]

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Top Stories

Philanthropist Joan Brock, left, and her late husband, Dollar Tree co-founder Macon Brock. Photo Courtesy Old Dominion University

ODU gets $15M gift from Brock to launch nutrition institute

Old Dominion University has received a $15 million gift to establish a nutrition and lifestyle medic[...]

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Virginia lawmakers outline new retail marijuana plans

Lawmakers who in coming months will contribute to shaping the bills that launch Virginia’s lon[...]

A Radford native, John Asbury traveled all over the country for his banking career but returned to Virginia in 2016 to lead Atlantic Union Bank. Photo courtesy Atlantic Union Bank

2025 Virginia Business Person of the Year: John Asbury | Atlantic Union Bank

Atlantic Union CEO John Asbury is Virginia Business’ 2025 Business Person of the Year, recognized [...]

The University of Virginia Rotunda. Photo by Jay Paul

U.Va. continues presidential search, despite Spanberger’s call for pause

The University of Virginia's presidential search committee has continued its work in hiring a succes[...]

Lawmakers grapple with Virginia’s increasing energy demand

Virginia SCC approves Dominion gas plant in Chesterfield

Dominion Energy's $1.47 billion natural gas power plant in Chesterfield County received the Virginia[...]

Depositphotos

Amazon to invest $50B to expand federal AI, computing capacity

Amazon plans to invest up to $50 billion to expand artificial intelligence and supercomputing capaci[...]

People

Christiansburg-based financial institution Appalachian Community Capital has named Daniel Wallace its next president and CEO. Photo Courtesy Appalachian Community Capital

Appalachian Community Capital announces new CEO

5/12/2025

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CBRE taps new leader for Richmond, Norfolk

3/12/2025

Brad Pelachyk, the new chief global supply chain officer for BAE Systems.

BAE Systems promotes VP to chief global supply chain officer

24/11/2025

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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