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$1.6B Atlantic Union purchase of Sandy Spring Bank clears main hurdles
The parent companies of Atlantic Union Bank and Sandy Spring Bank have cleared the last major hurdles to the Richmond bank’s $1.6 billion all-stock purchase of Sandy Spring, headquartered in Maryland. The shareholders of Atlantic Union Bankshares and stockholders of Sandy Spring Bancorp approved the merger, first announced in October 2024, in their separate special […]
UVA Health, VCU Health halt gender-affirming treatments for minors
UVA Health and VCU Health systems have suspended all gender-affirming treatments for patients under 19 years old, after receiving a written opinion Thursday from Virginia Attorney General Jason Miyares. In a memo from Miyares titled “Protecting Children from Chemical and Surgical Mutilation,” the Republican attorney general referred to President Donald Trump‘s executive order iss[...]
UR students launch food startup — for school credit and profit
Lindsay Batten never thought she’d become a CEO before leaving college, but the University of Richmond senior is beginning her final semester as head of a brand-new startup. The company — which will produce a newly conceived pesto Caesar salad dressing called Envee — is the result of a marketing class focused on entrepreneurship, Bench […]
2025 Virginia Black Business Leaders Awards: Regina Johnson Elbert
Elbert was named to her current post in January 2024, having held human resources and legal leadership roles at Dominion since 2011. She earned her bachelor’s degree at the University of Virginia and law degree from Harvard and was an associate at McGuireWoods previously. Elbert serves on boards for the Center for Energy Workforce Development […]
2025 Virginia Black Business Leaders Awards: Jerrine Lee
Lee joined Richmond Region Tourism in 2016 as its convention and sports services manager, and since then, she’s moved several rungs up the ladder to her current position managing sales teams who bring meetings and conventions to Richmond. Previously, she worked in corporate sales and client relations for the Richmond Flying Squirrels Double-A baseball team. […]
2025 Virginia Black Business Leaders Awards: Perry J. Miller
Miller joined the Richmond International Airport in 2019, having previously served as interim CEO of the Jackson Municipal Airport Authority in Mississippi and in management positions for the Houston airport system. In 2023-24, he was chair of the American Association of Airport Executives, the world’s largest such professional organization. FIRST JOB: Ron’s Krispy Fried Chicken [&hell[...]
2025 Virginia Black Business Leaders Awards: Carlos M. Brown
Brown assumed his current posts in January 2024 but joined the Fortune 500 utility as a senior counsel in 2007. Previously he was a managing partner at Brown Martin and practiced law at McGuireWoods. With two degrees from the University of Virginia, Brown currently serves as U.Va.’s vice rector and chairs the Virginia Museum of […]
Top Five: February 2025 edition
1 | Richmond water crisis shuts down restaurants, businesses Businesses “Dry January” became all too literal in Richmond, where city residents and businesses struggled with a water outage that started Jan. 6, delaying the start of the General Assembly, and leaving the city without water for several days. (Jan. 8) 2 | Buc-ee’s estimates first […]
2025 Virginia Black Business Leaders Awards: Myra Goodman Smith
Last July, Smith announced her plans to retire in 2025 after 15 years at the helm of LMR, which among other programs offers an annual leadership training course known as Leadership Quest. A Richmond native, Smith spent more than two decades at United Way and is immediate past chair of the Jenkins Foundation, which funds […]
Va. Chamber of Commerce reveals next president and CEO
Cathie J. Vick will be the new leader of the Virginia Chamber of Commerce, starting April 1. The business advocacy organization with more than 30,000 members announced on Tuesday her appointment as president and CEO. Vick is currently vice president of corporate and government affairs at Transurban, one of the world’s largest operators and developers […]
$40M Diamond District lawsuit dismissed in Richmond
A Richmond Circuit Court judge dismissed a $40 million lawsuit over the city’s $2.44 billion Diamond District project last week, in which a Connecticut developer claimed its former partners, including Richmond’s Thalhimer Realty Partners, cut it out of the development deal. Judge Bradley B. Cavedo ruled Jan. 22 in favor of defendants Thalhimer, a subsidiary […]
Pharma company to invest $54.2M in Richmond R&D facility
Pharmaceutical company Haleon will invest $54.2 million to upgrade its research and development facility in Richmond and launch an internship program in partnership with state government and Virginia Commonwealth University, Gov. Glenn Youngkin announced Monday. The physical upgrades at the facility, located at 1211 Sherwood Ave., will allow United Kingdom-based Haleon to accommodate new technolog[...]
