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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Banking | Finance 2025: ASBURY, JOHN C.
Banking | Finance 25 September 2, 2025

Banking | Finance 2025: DAVIES, TED

In 2024, Davies came aboard as managing partner for Attain Capital, a private equity firm that invests in companies developing technology solutions and services for government and education clients. Additionally, Davies is a partner and chief strategy and organizational development officer for Attain Partners, a sister company that offers consulting services. Davies also is a senior […]

Manufacturing 2025: GOTTWALD, THOMAS E. ‘TEDDY’
Manufacturing 25 September 2, 2025

Manufacturing 2025: GOTTWALD, THOMAS E. ‘TEDDY’

NewMarket is the parent company of subsidiaries that specialize in petroleum additives and critical performance additives used in space launch and military defense applications. Gottwald, whose grandfather Floyd Gottwald’s Albemarle Paper Manufacturing purchased the Ethyl Gasoline Corp. in 1962, is a member of one of the nation’s wealthiest families. Ethyl, now called NewMarket, now ha[...]

Manufacturing 2025: LEDESMA, DAVID
Manufacturing 25 September 2, 2025

Manufacturing 2025: LEDESMA, DAVID

Ledesma became the plant manager of DuPont’s Spruance site in 2021 after serving in the same role at its facility in Buffalo, New York. Built in 1929 to manufacture rayon, DuPont’s Spruance site sits along the James River and is the largest of the company’s manufacturing facilities worldwide. Ledesma manages more than 2,000 employees, some […]

Manufacturing 2025: GIFFORD JR., WILLIAM F. ‘BILLY’
Manufacturing 25 September 2, 2025

Manufacturing 2025: GIFFORD JR., WILLIAM F. ‘BILLY’

Joining the company at its subsidiary Philip Morris USA in 1994, Gifford became CEO of the Fortune 500 tobacco products manufacturer in 2020. Altria’s operating companies, in addition to Philip Morris USA, are U.S. Smokeless Tobacco, John Middleton, Helix Innovations and NJOY, as well as Horizon Innovations, its majority-owned joint venture with JT Group. In […]

Manufacturing 2025: FRIEDRICH, KAI
Manufacturing 25 September 2, 2025

Manufacturing 2025: FRIEDRICH, KAI

Friedrich joined Liebherr’s U.S. operations in 2021 as its managing director. In February, the Swiss equipment manufacturer announced Hirohito Imakoji has also been named a managing director of Liebherr USA and that he will work jointly with Friedrich, who is also the company’s managing director and divisional director of earthmoving and material handling technology. Out […]

Manufacturing 2025: JAIN, PRABHAT
Manufacturing 25 September 2, 2025

Manufacturing 2025: JAIN, PRABHAT

Jain has been CEO of Virginia Transformer, the continent’s largest U.S.-owned power transformer manufacturer, since 1982 — 14 years after he arrived from India, mechanical engineering degree in hand. Over the past four decades, he has grown the company from 35 employees to more than 2,700 across six plants. Jain started as a machine shop […]

Health Care 2025: JACKSON, REESE
Health Care | Biotech | Pharmaceuticals 25 September 2, 2025

Health Care 2025: JACKSON, REESE

Since 2016, Jackson has led Chesapeake Regional Healthcare, which includes the Chesapeake Regional Medical Center and more than 40 practice locations, as well as about 600 physicians serving Hampton Roads. In early April, the hospital opened a psychiatric emergency room, the first on Hampton Roads’ south side, and at the end of the month, the […]

Hospitality | Tourism 2025: ALBRECHT, CHRIS
Hospitality | Tourism 25 September 2, 2025

Hospitality | Tourism 2025: ALBRECHT, CHRIS

In 2022, Albrecht assumed his current post overseeing the Danville casino, which opened in December 2024. The $800 million Caesars Virginia resort, with 1,200 employees, is the third permanent casino to open in the state, although a temporary venue was previously in operation. The property includes more than 90,000 square feet of gaming space, with […]

Health Care 2025: JEVSEVAR, DR. DAVID S.
Health Care | Biotech | Pharmaceuticals 25 September 2, 2025

Health Care 2025: JEVSEVAR, DR. DAVID S.

In 2022, Jevsevar became CEO of OrthoVirginia, the largest independent orthopedic practice in the state, with 155-plus orthopedic specialist physicians across more than 35 locations in Lynchburg, Northern Virginia, Richmond, Southwest Virginia and Hampton Roads. The practice, which is the official orthopedic and sports medicine provider of the Washington Commanders, turns 10 this year. An [&hellip[...]

Hospitality | Tourism 2025: BRADBURN, DOUG
Hospitality | Tourism 25 September 2, 2025

Hospitality | Tourism 2025: BRADBURN, DOUG

One of the most visited historic estates in the nation, Mount Vernon receives about 1 million visitors annually. Bradburn is overseeing a privately funded preservation project to ensure the structural integrity of George Washington’s mansion for decades to come. The $40 million project, which started in 2023 and will stretch to 2026, includes designing and […]

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Top Stories

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[...]

Four ship-to-shore container cranes the Port of Virginia put into service at Virginia International Gateway in April 2025. The port will complete its $450 million dredging project next month, delivering the deepest shipping channels on the East Coast. Photo courtesy Virginia Port Authority

Port of Virginia to complete $450M dredging project in February

The Port of Virginia will complete its $450 million dredging project next month, delivering the deep[...]

Defense Secretary Pete Hegseth speaks to an audience at Newport News Shipbuilding on Jan. 5, 2026, part of his "Arsenal of Freedom" industry tour. Photo by Josh Janney

In Newport News speech, Hegseth calls for faster delivery of warships

Secretary of Defense Pete Hegseth calls for faster delivery, tighter cost discipline in Newport News[...]

Gov.-elect Abigail Spanberger, photographed at the Virginia Museum of History & Culture, won Virginia’s governorship by a 15-point margin in the November 2025 election, leading a blue wave. Photo by Jay Paul

Spanberger talks economic priorities in exclusive Q&A

Virginia Gov.-elect Abigail Spanberger outlines her priorities on affordability, housing, federal fu[...]

Democrats will have a larger majority in the Virginia House of Delegates in 2026, giving Speaker Don Scott more breathing room in votes.

2026 Virginia General Assembly preview: Dems contend with tricky budget

With Abigail Spanberger set to become governor, Virginia Democrats enter the 2026 General Assembly s[...]

Chesapeake Regional Medical Center. Photo courtesy Chesapeake Regional Healthcare

500+ ex-patients sue Chesapeake Regional, alleging negligence, unnecessary surgeries

Over 500 plaintiffs are suing Chesapeake Regional Medical Center, its current CEO and two former CEO[...]

People

Marshall French, new president of Sauer Properties.

Sauer Properties taps new president

9/1/2026

Henrico EDA head to join Richmond consulting firm

Henrico EDA head to join Richmond consulting firm

8/1/2026

L to R: Chip Dustin and Keishee Hill. Photo courtesy Cushman & Wakefield| Thalhimer

Cushman & Wakefield | Thalhimer announces CFO succession

5/1/2026

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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