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May 17, 2022

UVA Community Credit Union has new president, CEO

UVA Community Credit Union has named Susan M. Gruber as its next president and CEO. Gruber previously served as executive vice president and chief financial officer of Dublin, California-based Patelco Credit Union since 2014, according to a news release. She has also worked as CFO and senior vice president at Jeanne D’Arc Credit Union in Lowell, […]

UVA Health, Focused Ultrasound launch $8M center
May 11, 2022

UVA Health, Focused Ultrasound launch $8M center

University of Virginia Health and Charlottesville-based Focused Ultrasound Foundation invested $8 million into launching the Focused Ultrasound Cancer Immunotherapy Center, the health system announced Wednesday. “We are excited to announce this powerful multidisciplinary and interdepartmental collaboration effort with the Focused Ultrasound Foundation and the commonwealth of Virginia to expand t[...]

University of Virginia Darden School of Business Photo by Sam Levitan
May 3, 2022

U.Va. hits $4B in capital campaign

The University of Virginia has hit its $4 billion benchmark in its $5 billion Honor the Future capital campaign three years ahead of its deadline, the university announced this week. U.Va. has brought in significant individual donations during the fundraising campaign, including a record-breaking $120 million gift from alumni Jaffray and Merrill Woodriff in 2019, […]

Hospitality businesses are optimistic about this summer’s tourism season, says John Zirkle, general manager of the DoubleTree by Hilton Virginia Beach and president of the Virginia Beach Hotel Association. Photo by Mark Rhodes
Apr 28, 2022

Summer dreams

Tournaments at the Virginia Beach Sports Center. Events at the Virginia Beach Convention Center. A busy Oceanfront boardwalk. That was the scene in Virginia Beach during just one weekend in mid-March. And it was the perfect “prelude” to the summer travel season, says John Zirkle, general manager of the DoubleTree by Hilton Virginia Beach. “The […]

Apr 20, 2022

U.Va. Athletics receives $40M anonymous gift

The University of Virginia’s athletics department has received a $40 million anonymous bequest from a former student-athlete, the university announced Tuesday. The donation is the largest in the Virginia Athletics Foundation’s history. Part of U.Va.’s $5 billion capital campaign, the donation will be used to broadly support the university’s athletic programs, student-athlet[...]

Focused Ultrasound Foundation names 2 managing directors
Apr 11, 2022

Focused Ultrasound Foundation names 2 managing directors

The Charlottesville-based Focused Ultrasound Foundation has added two new managing directors. Eliza Vellines Phillips was named last week by the foundation as its new managing director of development, and Rick Hamilton, an inventor who holds more than 1,000 patents, joined as its managing director and chief technology officer. Phillips will lead fundraising and manage development […]

Newsweek ranks U.Va. Medical Center top Va. hospital
Mar 10, 2022

Newsweek ranks U.Va. Medical Center top Va. hospital

Newsweek ranked Charlottesville‘s University of Virginia Medical Center as the No. 1 hospital in Virginia in its World’s Best Hospitals 2022 guide, which was released March 2. “Our team members have faced incredible challenges over the past two years during the COVID-19 pandemic, but they have persevered to provide excellent care for all of our […]

Thomas O. Ryder joins Focused Ultrasound Foundation board
Mar 4, 2022

Thomas O. Ryder joins Focused Ultrasound Foundation board

Thomas O. Ryder, former CEO and chairman of White Plains, New York-based Reader’s Digest Association Inc., has been elected to the board of the Charlottesville-based Focused Ultrasound Foundation. Ryder has served on Amazon.com Inc.’s board for two decades. He worked for Time Inc., CBS and Education Today Co. Inc., where he was a co-founder and […]

CoStar Group Inc. plans to add 750,000 more square feet to its holdings in Richmond, adding an estimated 2,000 jobs. Rendering courtesy CoStar Group Inc.
Feb 27, 2022

In the big leagues

Central Virginia continues to attract pharmaceutical companies, advanced manufacturing sites and distribution centers, with 2021 seeing several major deals from companies that will bring large footprints to the region. Richmond was the leader in the clubhouse, with the city occupying half of the spots on the region’s list of the 10 biggest deals of 2021, […]

Jan 25, 2022

Charlottesville Chamber appoints 3 board members

The Charlottesville Regional Chamber of Commerce appointed three new board members this month, who are starting three-year terms. They are Eric Mayberry of The Daily Progress, Jonathan Chasen of Wells Fargo Advisors and Rebecca Ivins of Hourigan. Chasen is a private wealth financial adviser who started his career with the former Banc of America Investment […]

Blue Ridge Bank President and CEO Brian Plum. Photo by Norm Shafer.
Jan 20, 2022

Blue Ridge Bank, FVCbank merger called off

The merger of the parent companies of Charlottesville-based Blue Ridge Bank and Fairfax-based FVCbank has been called off, the companies announced late Thursday. Blue Ridge Bankshares Inc. and  FVC Bankcorp Inc. mutually agreed to terminate the agreement, which was first announced in July 2021. The companies delayed the merger, which would have created a  $5 […]

Summit Eleven Inc. Chief Operating Officer Joseph Toe (L) spoke with Dr. Xiong Chang, owner of Acupuncture Chang, on Dec. 3, 2021, in Charlottesville. Photo by Matthew R.O. Brown
Dec 31, 2021

Mentorship and management

Brought to you by Virginia Business and Bank of America, in 2021 we hosted a diverse group of six Virginia business leaders for three Diversity Leadership Series events. These virtual fireside chats featured the executives sharing their insights on leadership, their career paths, and diversity and equity. The third installment of our series took place […]

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