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Reston’s Trucker Tools names COO
Reston-based Trucker Tools, a software company that provides a digital freight management platform for the transportation industry, announced last week it had appointed Rohit Bezewada as chief operating officer. Bezewada succeeds Kary Jablonski, who became CEO of Trucker Tools earlier this year. “Rohit is an accomplished execu[...]
Leidos receives Navy undersea warfare contract
Leidos Inc., the Reston-based Fortune 500 government contractor, has received a nearly $24 million contract from Naval Sea Systems Command to install, integrate and maintain the Navy’s AN/SQQ-89 Surface Ship Undersea Warfare combat systems, according to a Department of Defense announcement last week. The contract includes options that could bring the total award to nearly […]
Joan Brock makes $34M gift to Chrysler Museum
The Chrysler Museum of Art, in Norfolk, announced Tuesday that Hampton Roads philanthropist Joan Brock has donated $34 million, including 40 works of art and two position endowments. The gift will also support the expansion of the Perry Glass Studio. Joan Brock, a longstanding supporter of the Chrysler Museum, was the first woma[...]
Home improvement
Affordable housing isn’t the first thing that comes to mind when you think of the University of Virginia. But it’s top of mind for U.Va. officials who have pledged to support the development of 1,000 to 1,500 affordable housing units in Charlottesville and Albemarle County over the next decade. To jump-start the effort, U.Va[...]
Back to work
Although the nation’s commercial real estate market is still lagging for the most part, that isn’t the case in Charlottesville, where fresh new multiuse projects have perked up interest in workspaces. The nationwide vacancy rate for office space in the first quarter of 2022 was a rather dreary 15.7%, according to Yardi Matri[...]
Running on empty
First, doctors say they’re sorry for calling. Dr. Allison Cotton, a psychiatrist in Reno, Nevada, co-founded the national Physician Support Line in March 2020 to provide peer mental health support to physicians. She says their impulse to apologize shows the need for the service. “They’re apologizing for using a resource wh[...]
Top Five stories, June 2022
The top trending major business stories on VirginiaBusiness.com from April 15 to May 14 were led by news of the merger of Roanoke-based Woods Rogers PLC and Norfolk-based Vandeventer Black LLP. 1 | Woods Rogers, Vandeventer Black law firms to merge July 1 Woods Rogers Vandeventer Black will be the state’s fifth-largest firm, with a […]
Boeing will move global HQ to Arlington
The Boeing Co., the world’s third-largest defense contractor, is moving its global headquarters from Chicago to Arlington, the company announced May 5. With more than 141,500 employees worldwide and operations in more than 65 countries, the aerospace and defense company will be the largest defense contractor headquartered in [...]
Gift of a lifetime
For Dr. Todd Stravitz, February was an opportune time to make the largest gift in the history of Virginia Commonwealth University — a $104 million donation to support liver research. The retired medical director of VCU Health’s Hume-Lee Transplant Center, Stravitz is an heir to the Boar’s Head Provisions Co. Inc. fortune. [...]
Albemarle’s industrial age
In Albemarle County, industrial space, not office or retail, “has been the bright spot in commercial real estate” in terms of demand, says Lisa Sturtevant, research leader at Bright MLS Inc. “All of a sudden, there’s been a big rush for industrial space,” she says, but adds, “Good luck in finding it right now.” Albemarle […]
Cycling industry rolls into Roanoke
Roanoke is on a roll with bicycling enthusiasts. Already known as a mountain-biking mecca — earning a rare Silver-Level Ride Center designation from the International Mountain Bicycling Association — Virginia’s Blue Ridge region has broadened its brand by becoming the site of a national bicycling championship this summer a[...]
Counting on change
Royce Burnett remembers how challenging it felt in 1981 as a freshly graduated audit associate starting work at a Big Eight accounting firm in Texas. Of about 250 new employees hired at the time, Burnett, who’s now an associate professor and chair of Old Dominion University’s School of Accountancy, believes he was the only A[...]
