Love at first site
Home to eight Fortune 500 companies and three Fortune 1000 companies, metro Richmond is “punching above our weight” for a region of 1.3 million residents, says Jennifer Wakefield, president and CEO of the Greater Richmond Partnership. For the third year in a row, the Richmond region was named by Business Facilities magazine [...]
A bigger piece of the pie
For the past 15 years, Vibhaa Vermani has led a successful woman-owned small government contracting business, providing integrated technical solutions and services to numerous U.S. government agencies, including the Department of Defense and the Internal Revenue Service. Vermani’s Virginia Beach-based company, Chitra, is one o[...]
Bridgewater College renovates main academic building
Bridgewater College students will notice dramatic changes in Bowman Hall when they return to campus on Oct. 4 after the fall semester break. The first phase of an $8.5 million renovation of the campus’s main academic building will be finished, and the basement and first floor will reopen. The redesigned classrooms and faculty [...]
Them’s the brakes
Total compensation for S&P 500 CEOs nationwide last year marked its smallest year-over-year increase since 2015, with pay increasing 0.9% from 2021. Here in Virginia, CEOs faced even greater headwinds — their total pay increased just 0.3% from 2021 to 2022, down from a 4.9% increase between 2020 and 2021. The slowdown was [...]
EarthLink support center approaches completion
By mid-August, construction workers had gotten up a big portion of the steel framework for the 28,000-square-foot, two-story building that will house EarthLink’s customer support center at Project Intersection, a new business and industrial park in Norton. Employees of the Atlanta-based high-speed internet service provider sho[...]
October 2023 Virginia 500 Spotlight: NEIL HOUFF
FIRST JOB: Feeding calves on the family farm MOST VALUED POSSESSION: My faith in Jesus. All else will be gone at some point. HOW I UNWIND FROM WORK: Mowing the lawn or mowing pastures on our farm HOW I BALANCE MY WORK AND PERSONAL LIFE: My work and personal life have always been intermingled and […]
‘A culture of caring’
Speaking to an audience of more than 20,000 human resources professionals gathered in Las Vegas for his organization’s June 14 annual conference and expo, Society for Human Resource Management President and CEO Johnny C. Taylor Jr. said that HR execs are ready to meet the array of challenges created by the “new abnormal” o[...]
StartVirginia: October 2023 Heard Around Virginia
Aravenda, a Fairfax e-commerce software company targeting consignment shops and resellers, landed a spot in the latest women founders cohort of the Google for Startups Accelerator. Aravenda’s software helps consignment and resale shops track inventory and manage payouts to people who sell there. Customers can use the software to build websites and manage inventory across […]
October 2023 Out and About
1. L to R: Justine Gayle, vice president of Booz Allen Hamilton’s business services team; Booz Allen Hamilton President and CEO Horacio Rozanski; and Norfolk Economic Development Interim Director Sean Washington cut the ribbon on Aug. 15 for a delivery hub expanding the firm’s Business Services Center at its Norfolk office. Photo by Stephanie Kalis/Booz […]
Innovation center could be boost for life sciences
Kipton Currier envisions Virginia joining other mid-Atlantic states to form a super region for the life sciences industry. Before that happens, the state must secure some key ingredients missing from the ecosystem, namely sufficient lab space for biotech startups. Activation Capital, the brand name of the Virginia Biotechnology [...]