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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: 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. […]

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

Retail | Wholesale | Food | Beverage 2025: CREEDON JR., MICHAEL C.

Creedon became permanent CEO of Dollar Tree in December 2024, after being appointed interim CEO the preceding month, when Rick Dreiling stepped down, citing health problems. Creedon joined the Fortune 500 discount retailer as chief operating officer in 2022, after over six years with Advance Auto Parts. Recent years have challenged the chain, which employed […]

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

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Since taking the reins at the candy and pet food giant in September 2022, Weihrauch has been aiming to double its sales by 2033. He joined Mars in 2000. With approximately $55 billion in 2024 sales, Mars is the largest privately held company in Virginia and the fourth largest in the nation, with approximately 150,000 […]

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Top Stories

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

Sen. Lashrecse Aird speaks during a June 16, 2026, news conference announcing Virginia's cannabis recreational sale framework, along with Gov. Abigail Spanberger and Del. Paul Krizek. Photo by Kate Andrews/Virginia Business

Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered in[...]

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[...]

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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