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Getting full value out of college from day one

SUMMARY:

  • president says in op-ed that mentorship, interning and career direction for students should start at beginning of college, not just the end
  • Students should connect with faculty mentors, build workforce skills and explore career paths beginning in first semester
  • Expectations of students and families have shifted, and universities must respond
  • must also be available to all, not just those with social capital

“What if college started working for students on day one — and got them where they wanted to go faster?”

That’s the question more families are asking, and frankly, they’re right to ask it. For too long, the traditional college model has delayed the real payoff deferring meaningful mentorship, skills-building and career direction until a student’s final semesters. In a world where time, money and confidence are all on the line, that model doesn’t cut it anymore.

Students deserve to be immediately immersed in community and experiences, to be passed the ball, the spectrometer or microphone, to move with alacrity and purpose through multiple degrees for less money and over less time.

It’s not about lowering standards, cutting corners or spending tuition dollars on climbing walls or lazy rivers it’s about designing more connected and focused academics and pathways that lead to lucrative and meaningful careers.

The full value of college shouldn’t arrive late it should kick in early and keep building. From their first semester, students should be connected with faculty mentors, build a portfolio of employer-identified skills, explore career pathways tied to their interests and find their place in a diverse, supportive community. Small schools like Mary Baldwin University are able to develop expedited pathways through undergraduate and graduate programs to save families time and money, reduce anxiety, increase and get students further faster.

According to systems theorist W. Edwards Deming, systems are “perfectly designed” to attain the results they achieve. Stated more directly, if we keep doing the same things, we will get the same results. For years, colleges and universities have argued about the traditional liberal arts versus more focused professional programs but been less focused on outcomes and pathways. In the extreme, many institutions across higher education remain structured like a game of pinball, bouncing students off bumpers and flippers, adding bells and whistles, without many guardrails to keep students from slipping down the drain.

It’s obvious this model is problematic for first generation and low-income students with less social capital. But today we can also see how that unfocused, less supportive, less purposeful and less connected model doesn’t work for today’s post-COVID students, who are more anxious digital natives seeking a curated, supportive and direct line to meaning, prosperity and security. According to a recent survey by Inside Higher Ed, more than 70% of college students now say they prioritize mental health and career preparation over campus amenities when choosing a college. The expectations have shifted and higher education must respond.

This country was founded on the belief that education is bound up with liberty and justice. In 1947, the Truman Commission advocated for a more nuanced and complex higher education system including community colleges and graduate degrees to better serve the nation and . In an era when college is too often talked about as a risk, we have to work harder to make it feel like the clear, confident next step to accelerating potential and engaging in the economy.

While colleges and universities have always reflected the turmoil within society, families today are looking to higher education for clear, concise and compelling assistance that connects students to their ambitions … earlier. Families want institutions designed to deliver value not just in theory, but in experience. This moment, for these students and families, means committing as institutions to doing the hard work of making college work better.

In opening the doors of learning to all, higher education must be an accelerator and pathway, graduating the well-educated and workplace-ready from cutting-edge undergraduate, graduate, in person, online and certificate programs in important and growing career fields.

When families invest in a college education, they deserve to see results. Not someday. Starting on day one. College cannot remain a coded experience for those with extensive social capital. Open source, immediate, immersive, skills focused and accelerated that’s the distinctly American launchpad of the future.

is the president of Mary Baldwin University, a private university in . He joined MBU in 2023, having served most recently as Elon University’s vice president for strategic initiatives and partnerships and assistant professor of English.

Avalon Townhomes in Hampton sell for $26.5M

Real estate investment and development companies and announced last week that they acquired a 182-unit townhome community in the Buckroe Beach area of for $26.5 million.

was built in 1966 and partially renovated in 2017. Its residences average 1,656 square feet – approximately 30% larger than the Hampton market average, and include a mix of two, three and four-bedroom layouts. Avalon is more than 91% occupied.

“This aligns with our core investment thesis: buying well-located, fundamentally sound assets at an attractive basis with a clear path to value creation,” said Sam Hollman, senior director at Rock Creek, in a statement.

The property was purchased from AWE Carybrook, a limited liability company for Washington, D.C.-based West End Capital Group.

Rock Creek and Two Rivers are planning significant renovations to the site, with $3.5 million in planned interior and exterior improvements over the next three years, including stainless steel appliances, quartz countertops and exterior upgrades.

The companies note that the Buckroe submarket is primarily built out, with limited land available for future development. They believe Avalon — one of the larger rental communities in the area — can deliver an upgraded product into a constrained and underserved market.

Hollman told Virginia Business that Rock Creek and Two Rivers could hold the assets indefinitely, or the property could eventually be sold if an opportunity presented itself.

“The property is definitely in need of some repairs and also kind of a fresh, new aesthetic,” he said. “So, the [short-term] goal is to just improve the quality of life for the families that live there.”

Headquartered in Washington, D.C., Rock Creek Property Group is a real estate investment and development company that acquires and develops properties ranging from and condominiums to retail centers and historic structures. It was formed in 2000, and its portfolio includes more than 50 assets comprising several million square feet in the D.C. Metropolitan Area, including 1.5 million square feet of urban retail and suburban shopping centers.

Two Rivers Realty Partners is an -based privately held real estate investment and development firm focused on acquiring and repositioning townhome and suburban communities across the mid-Atlantic and Southeast. It was founded in 2022.

AeroVironment completes $4.1B acqusition of BlueHalo

Arlington County-based contractor on Thursday announced that it has successfully completed its $4.1 billion of and defense tech firm .

Previously owned by private equity firm Arlington Capital Partners, BlueHalo works in space technologies, counter-uncrewed aircraft systems, directed energy, electronic warfare, cyber, artificial intelligence and uncrewed underwater vehicles.

The deal was first announced in November 2024 and in April AeroVironment announced that its stockholders approved the purchase.

“We are excited to complete the acquisition of BlueHalo and move forward as an even stronger and more unified AV that provides the scale, talent, and technology needed to lead in the most critical areas of modern defense,” AeroVironment President and CEO Wahid Nawabi said in a statement. “By bringing together two mission-focused organizations, the new AV is built to accelerate innovation, strengthen our customer partnerships, and deliver operational impact across every domain. This is a pivotal step in our journey and one that positions us to create long-term value for shareholders and strategic advantages for our customers.”

AeroVironment previously said the combined company will be based at AeroVironment‘s corporate headquarters in Arlington and that the acquisition will allow for administrative and operational cost savings. The combined company is expected to deliver more than $1.7 billion in revenue.

As part of the transaction, David Wodlinger and Henry Albers, both from Arlington Capital Partners, have joined AeroVironment’s board of directors, which is expanding to 10 members.

Nawabi will remain chairman, president and CEO of AeroVironment. The company says the combined leadership team includes executives from both organizations, who will bring experience in the areas of autonomy, space systems, cyber operations and defense technology.

AeroVironment says company will operate in two business segments: ; and Space, Cyber and Directed Energy.

AeroVironment says Autonomous Systems, which is being led by Trace Stevenson, encompasses , precision strike and one-way attack systems, defense systems, ground and robotic solutions and its MacCready Works segment.

The Space, Cyber and Directed Energy Segment, being led by BlueHalo’s former chief operating officer Trip Ferguson, encompasses space technologies, directed energy solutions, cyber solutions and mission services.

Kohl’s ousts CEO Buchanan after investigation into some vendor transactions

Kohl’s has terminated CEO , who had just started at the department store chain’s helm in January, after an investigation determined that he directed the retailer to engage in vendor transactions that involved undisclosed conflicts of interest. 

Kohl’s named Chairman as , effective immediately. 

said Thursday that Buchanan’s firing is unrelated to its performance, financial reporting, results of operations and did not involve any of its other employees. 

Kohl’s will conduct a search for a permanent CEO and said it will name a new chair in due course. The company couldn’t be immediately be reached for comments. 

The news comes nearly four months after Buchanan, who had been the CEO of arts and crafts chain Michaels, took over the job in January. 

Buchanan had succeeded Tom Kingsbury, who stayed on as an adviser and is retaining his position on Kohl’s board until his retirement next month. Kingsbury served as Kohl’s interim CEO in December 2022 and was named its permanent leader in February 2023. 

The firing comes at a time when Kohl’s, which operates 1,600 stores across the country, is wrestling with sluggish sales. Its middle income shoppers have pulled back on discretionary spending in the face of still-high prices for necessities. Like other , it’s also faced stiff competition from Walmart and Amazon, which have been improving their fashion offerings at affordable prices. And like other retailers, it is facing uncertainty surrounding ‘s expansive tariffs. 

On Thursday, the company offered a preliminary look at sales and profits for the current quarter that showed continued weakness. It said that it expects to report a decline in comparable sales in the range of 4.3% to 4%, and a loss of 24 cents to 20 cents per share. It expects to report final first-quarter results on May 29. 

Shares of the company, based in Menomonee Falls, Wisconsin, rose 6.4% in morning trading. 

HII, General Dynamics win up to $18.4B submarine contract modification

Huntington Ingalls Industries and have been awarded Navy contract modifications worth up to $18.4 billion to build two Virginia-class , the Department of announced Wednesday.

-based General Dynamics’ Connecticut subsidiary Electric Boat is being awarded $12.4 billion for the construction of the nuclear-powered vessels and investment to improve productivity and workforce support, with options to increase it to a total of $17.1 billion. -based and its division is being awarded $1.2 billion, the Navy announcement says.

The two ships will be the 11th and 12th fast-attack submarines under the Navy’s Block V contract.

About a third of the work will be performed in Newport News under this award, as well as Groton, Connecticut; Quonset Point, Rhode Island, and other locations. The two ships, contracted by Naval Sea Systems Command, are expected to be completed by June 2036.

The payments fall under fiscal 2024 and fiscal 2025, with $5.2 billion in 2024 and $4.1 billion in 2025’s budget. The totals also include previously announced material totaling $2.1 billion.

“We appreciate the teamwork that resulted in these critical national security assets being put under contract,” Jason Ward, NNS’ vice president of submarine construction, said in a statement. “We understand the advantage Virginia-class submarines bring to the sailors who operate them, and our shipbuilders are working with diligence to deliver them to the fleet.”

So far, NNS and Electric Boat have built and delivered 24 Virginia-class subs, according to HII.

“Over the past two years, we successfully worked with the Navy, Congress and the administration to secure funds that enable us to increase wages for the nuclear-powered vessel workforce and allow for significant additional investments in capacity, shipyard processes and systems,” said Mark Rayha, president of General Dynamics Electric Boat. “This contract modification validates the unique and important role submarines and submarine shipbuilders play in our national defense.”

U.S. Sen. Tim Kaine, who pushed for additional funding of naval submarines last year, said in a statement: “I’m thrilled the Navy has awarded two additional Virginia-class submarines to Newport News Shipbuilding. This funding is critical to ensuring the Navy has the resources it needs to provide competitive wages for shipbuilders and advance the AUKUS agreement that will help ensure a free and open Indo-Pacific. I look forward to continuing to work with my colleagues in Congress to get our shipbuilding programs back on track.”

Forty under 40: Celebrating the rising stars shaping Virginia’s future


Summary

  • Virginia Business debuts inaugural Awards.
  • Honorees selected for career success and community impact.
  • Winners represent industries from banking to construction.
  • Young leaders shaping Virginia’s future across the commonwealth.

Meet the next generation of changemakers transforming Virginia’s business landscape. From entrepreneurs and executives to public servants and community leaders, these rising stars are redefining success — not just in their careers, but in the collective impact they make every day.

Virginia Business is proud to debut our inaugural statewide Forty Under 40 Awards, recognizing 40 outstanding professionals under the age of 40 who are making waves across the commonwealth. Honorees will be recognized at a May 12 awards event at The Westin Richmond.

Chosen by our editors from nominations submitted by colleagues and the honorees themselves, this year’s cohort includes high-achieving leaders in industries ranging from banking, health care and law to government, real estate development and construction. Selected for their career accomplishments, community engagement and commitment to inspiring positive change, these honorees represent the future of organizational leadership in Virginia.


ADAMS

RACHEL WILLER ADAMS
Partner, Thompson McMullan, Richmond

A University of Richmond law school graduate, Adams specializes in litigation and is active in the Virginia Bar Association’s Young Lawyers Division, and also serves on the Richmond Bar Association’s Administration of Justice Committee. Before joining ThompsonMcMullan, she was an attorney with Venable and a deputy clerk in the Fairfax County Circuit Court.

Outside of work, Adams is vice-chair elect for the Cystic Fibrosis Foundation’s Young Professional Leadership Council in its Richmond chapter.
Greatest professional accomplishment: I am most proud of achieving the title of partner at my law firm at the age of 34 and being one of the youngest attorneys here to do so.

Hobbies: I spend nearly all of my spare time with my wonderful husband, Franklin, and our two children, James and Lillian. These days when we are not at swim lessons or soccer games, we spend as much time outside as possible.


BARRETT

ZENITH BARRETT
Vice president of advancement, Goodwill Industries of the Valleys, Roanoke

Having been with Goodwill in Roanoke for the past 10 years, Barrett helped launch the redevelopment of the former Melrose Plaza shopping center, transforming it into a health care, education and financial empowerment hub for underserved neighborhoods. She also serves on boards for the Council of Community Services, Blue Ridge PBS and the Virginia Center for Inclusive Communities.

How I give back: Since 2022, I have served on the board for the Council of Community Services, where I currently hold the position of vice chair. I recently completed my board term for the Salem Roanoke County Chamber of Commerce, where I played a key role in the business advocacy committee.

Where I see myself in 10 years: I envision myself stepping into a chief or CEO role.


Benesh

BARBARA GRACE BENESH
Founder, architect and design principal, B. Grace Design,

An Auburn University alumna who started a boutique project management and integrated design strategy firm in Norfolk in 2020, Benesh previously worked as an architect for Mason & Hanger and served as president of AIA Coastal Virginia and fundraising chair for the Elizabeth River Trail Foundation. Benesh mentors women in architecture and works to advance equity in the industry.

Greatest professional accomplishment: As president of AIA Coastal Virginia, I led a transformative rebranding and strategic repositioning of the organization — aligning it with the urgent need for coastal resilience and economic sustainability in our region.

Something surprising about me: I trained as a pianist and watercolorist — two disciplines that taught me the balance between precision and creativity, structure and fluidity.


Bolling

R. PATRICK BOLLING
Principal, Woods Rogers, Norfolk

Bolling is a native of Bedford and a graduate of the Washington and Lee University School of Law, and joined Edmunds & Williams as a corporate attorney in 2014. That firm merged with Roanoke-based Woods Rogers, and Bolling is part of its Norfolk office and its labor and employment practice group.

A board member for The Williams Home, an independent living community in Lynchburg, and until recently a Virginia Bar Association board member, Bolling was recognized with the Emerson G. Spies Award for enthusiasm, loyalty and dedication to the bar association in 2024.

How I give back: I was a long-time board member and president of the board for The Arc of Central Virginia. This nonprofit organization serves individuals with intellectual and developmental disabilities.

Something surprising about me: I spent a summer working for a grizzly bear hunting guide service on a remote Alaskan lake accessible only by floatplane.


Chalk

LAURA HAYES CHALK
Executive director and CEO, Vision, Virginia Beach

Formerly Virginia Beach’s deputy economic development director and business development coordinator, Chalk is from Williamsburg and has been involved with the region’s economic development arena for years. In 2024, she joined Virginia Beach Vision, where she advocates for business growth and job creation.

Chalk serves on a regional transit advisory panel and was a long-time member of the International Economic Development Council. Greatest professional accomplishment: One project I am particularly proud of is Virginia Beach’s International Incubator, offering international
companies six months of free rent, with incremental rent increases every six months until reaching market rate.

Something surprising about me: I studied in London and India during college. I also worked for a marketing company in Beijing, China, the summer between college and grad school.


Coon

CHRIS COON
Deputy county administrator, Louisa County

Born and raised in Colonial Heights, Coon formerly worked as a Henrico County deputy sheriff and a police officer at the Virginia Division of Capitol Police in Richmond. Switching gears professionally, Coon was town clerk and then deputy town manager for Occoquan, followed by a two-year stint as town manager in Haymarket.

In 2022, he landed in Louisa County, where he helped set new short-term rental regulations and establish a technology overlay district. That helped the county secure an $11 billion investment from Amazon Web Services. He also is a triathlete who’s finished two Ironman events and founded a rowing nonprofit.

How I give back: My community involvement began in middle school when my eighth-grade teacher introduced me to Special Olympics. Having a brother with special needs, the mission hit home. A lesson learned from a failure: Not every idea is a good fit for the community, no matter how well-intended.


Davis

ANDREW DAVIS
Project executive, Branch Group, Roanoke

A two-time Virginia Tech civil engineering graduate, Davis has been with Branch Group since 2017, working on major projects such as VDOT’s Interstate 81 expansion and North Carolina’s Jamestown Parkway.

Growing up in Franklin County, Davis says he takes pride in his ability to talk to anyone, from legislators to tradesmen and tradeswomen. He’s participated in Habitat for Humanity projects and other civic volunteering.

Greatest professional accomplishment: Overcoming erosion, flooding, two hurricanes and snow to complete the Jamestown Parkway project — recognized as one of Roads & Bridges magazine’s top 10 road projects of 2022.

How I give back: I coach and umpire baseball, participate in cleanup efforts, contribute to baseball field construction and support initiatives like The Big Event at Virginia Tech and Feeding Southwest Virginia.

Something surprising about me: I’d love to work in professional fishing — either offshore or tournament bass fishing.


Elder

JAKE ELDER
Deputy director of development services, Chesterfield Economic Development, Chesterfield county

Employed by Chesterfield County since 2018, Elder has played a key role in the county’s recent economic development boom, helping fast-track permitting for major projects including the  $1 billion Lego Group manufacturing facility under construction.

A VCU graduate with a master’s degree in urban and regional planning, Elder is active in the Virginia Economic Developers Association, Greater Richmond Association for and the Brightpoint Community College Real Estate Foundation.

How I give back: I was fortunate to be exposed to many different outreach and charitable efforts through an active church youth group in Petersburg. It taught me the importance of helping your neighbor through direct and indirect actions.

Key to my success: Being solution-oriented. In regulatory work, the answer may need to be “no,” but I always aim for a “no, but…,” ensuring there are options presented to find a path forward.

Something surprising about me: I’m right-handed for some things and left-handed for others.


Elliot

MEREDITH KING ELLIOTT
Senior vice president and LEAD program manager, TowneBank, Suffolk

Elliott leads employee engagement and internship strategy at TowneBank, including the LEAD Program, a management development program for young professionals. A two-time graduate of Virginia Tech, Elliott is involved with the Riverside Hospital Foundation’s Smithfield campaign and the United Way of South Hampton Roads.

Greatest professional accomplishment: High on the list would be the years that I supported the TowneBank Foundation Fall Extravaganza fundraising event. One of my roles was to oversee all income-generating aspects of the event, which allowed us to donate over $500,000 annually to the foundation.

How I give back: I have been fortunate enough to volunteer with organizations through the years like Roc Solid Foundation building playsets for pediatric cancer patients, United Way Day of Caring events and the Salvation Army’s Angel Tree distribution. Something surprising about me: How competitive I truly am.


Gee

KELLY GEE
Secretary of the commonwealth, COMMONWEALTH OF VIRGINIA, Richmond

Formerly the Virginia Lottery’s executive director, Gee oversees executive appointments and clemency as a member of the governor’s cabinet. She also was a staffer for former House of Delegates Speaker Kirk Cox. Gee serves on the board of Lead Virginia and is active at Richmond’s Reveille United Methodist Church, including as a Sunday school teacher.

A lesson learned from a challenge: As a young executive, I thought I had to know everything because I was at the head of the table. That quickly paralyzed and humbled me. I learned that my success is measured by the success of those around me. A good leader puts people around their table that challenge them and bring their own expertise.

How I spend my spare time: I have twin boys who are 4 years old. We love to explore outside, go swimming during summertime and play soccer.


Gilkeson

SAM GILKESON
Vice president and chief human resources officer, VHC Health, County

Formerly a health care-focused mergers and acquisition attorney at Sheppard Mullin, Gilkeson leads human resources at VHC Health, which has more than 4,500 employees and is anchored by a 453-bed teaching hospital. He is particularly proud of seamlessly migrating the health system’s workers to the Workday HR platform without payroll interruptions.

How I give back: I support organizations like the Capital Area Food Bank, which directly serve those in need, and I actively participate in VHC Health’s food, clothing and gift drives each year.

One thing I’d change about my profession: I am constantly trying to promote the perception of human resources as a key component of the business versus just a transactional function.

Something surprising about me: I survived Stage IV cancer. It’s an experience that has shaped my perspective on resilience, the importance of support and the value of every moment.


Gregg

MICHAEL GREGG
Assistant vice president of development, Peterson Cos., Stafford County

Raised in Oakton, Gregg started his career at Turner Construction, moved to his family’s real estate business, The Penrose Group, and then joined Peterson, where he focuses on large-scale real estate projects.

Gregg helped lead the sale of the first 300-megawatt data center campus in Stafford County, as well as spearheading the Northern Virginia Gateway project, a 3.1 million-square-foot industrial and logistics hub in Stafford.

He also co-founded The Lilly and Blair Foundation, which raises money for research to address de novo spastic paraplegia, a rare disease affecting his 6-year-old daughter, as well as another local family.

Where I see myself in 10 years: I would love to be able to say in 10 years we have found a treatment or cure for Lilly’s disease, and that our foundation continues to support breakthroughs in rare disease research.

Hobbies: I spend it where it matters most, making memories with my wife and children. Whether it’s exploring parks, traveling or simply enjoying quality time at home, I try to be as present as possible.


Hanson

RYAN A. HANSON
Partner, Kaleo Legal, VIRGINIA BEACH

A Hampton Roads native, Hanson earned his law degree and MBA at Wake Forest University and was a varsity swimmer at Washington and Lee University. At Kaleo, he advises clients on mergers, acquisitions, joint ventures and other business deals in several industries. He’s a 2023 graduate of the CIVIC Leadership Institute.

How I give back: I have the privilege of leading worship at Grace Bible Church in Virginia Beach, where I serve in all three services at the Lynnhaven campus twice a month. Since 2021, I’ve been volunteering with An Achievable Dream in Virginia Beach.

Hobbies: I cherish spending time with my family. Living in a beautiful coastal city, we take full advantage of the water. I enjoy playing guitar, fishing and spearfishing — activities that allow me to connect with nature and unwind.


Hasty

JT HASTY
Account executive, Towne Insurance, Norfolk

A Chesapeake native who earned a sports management degree at Virginia State University and an MBA from Regent University, Hasty worked his way up from a teller at TowneBank to his current position with the bank’s insurance arm.

Hasty is very active in civic organizations, serving as treasurer of the Urban League of Hampton Roads’ young professionals group and a board
member of the YMCA of South Hampton Roads, Children’s Harbor and Link of Hampton Roads.

Greatest professional accomplishment: Playing an integral part in getting funding for one of the boards that I serve on. This particular organization serves children and was in need of a brand new playground.

How I give back: Most recently, I’ve started a nonprofit by the name of Father’s United, where I want to help fathers in the Hampton Roads area with life skills and financial workshops.


Hill

CHERNELLE N. HILL
Vice president of hospital operations, Sentara Virginia Beach General Hospital, Virginia Beach

Hill joined Sentara Health in 2011, and with stints in administration at Sentara Leigh and Sentara Obici hospitals, she has been at the health system’s Virginia Beach general hospital since 2024, overseeing surgical, service line and support service teams at the 273-bed medical center.

A University of North Carolina Tar Heel who also earned a master’s degree in health administration from VCU, Hill was president of the Hampton Roads chapter of the American College of Healthcare Executives and is first vice chair of the local YWCA board.

Greatest professional accomplishment: Leading efforts to fund expansion of our mobile mammography services. This included the purchase of a new mobile van and 3D mammography unit.

Something surprising about me: I have frequently caught members of my team and peers by surprise with a “rabbit’s hole” worth of knowledge on superheroes or the latest fantasy show.


Hirth

CHRIS HIRTH
Executive vice president of asset management, Capital Square, Glen Allen

Born and raised in Richmond, Hirth graduated from Virginia Tech with a business management degree and worked for PRG Real Estate and CBRE. In 2016, Hirth joined Capital Square, where he has orchestrated nearly $1 billion in sales and helped grow its real estate management sector to 138 properties exceeding $6 billion in value.

How I give back: As a member of the VT Advisory Board and as a guest instructor and speaker to undergraduates, I mentor students in the real estate and property management programs.

A lesson learned from a setback: Commercial real estate, like many other industries, moves in cycles. What will help me the most through the rest of my career are the lessons learned from navigating the market challenges of the last two to three years.

Hobbies: Spending time with my wife and three daughters — and being outdoors kayaking, golfing, cycling or running.


Krzyzewski

PEYTON CARTER KRZYZEWSKI
Director of strategy and growth, Qantm Creative, Portsmouth

A University of Richmond Spider, Krzyzewski manages a portfolio of marketing clients exceeding $3 million in annual revenue. Before joining Qantm in 2021, she worked in donor relations and marketing for the Norfolk SPCA and oversaw digital media strategies for the Virginia Symphony Orchestra.

Krzyzewski is an event co-chair for volunteer organization Portsmouth Service League and also is a foster parent for several local animal aid groups.
Greatest professional accomplishment:

The launch and management of the outreach for the Regional Training System was a massive undertaking, and one vital for the success of our region and the nation. Qantm was tasked with creating the RMTS brand and planning/ managing all outreach.

Hobbies: I’ve visited over 15 countries so far and will add at least one more to the list this year!


Lautz

JACLYN MARY LAUTZ
Chief operating officer, ivWatch,

A native of Maine, Lautz has a doctorate in mechanical engineering from Duke University and worked on medical devices and treatments for urological diseases, winning NSF fellowships along the way. In 2018, she joined ivWatch, where Lautz is responsible for developing new products and bringing them to market, as well as overseeing R&D, human resources and operations.

Greatest professional accomplishment: I led the first FDA 510(k) submission for the first medical device at ivWatch, which was one of my most exciting professional accomplishments of my career. We immediately transformed from a research and development company to a real medical device manufacturer with 3X growth in four months.

One thing I’d change about my profession: The complexity and time it takes for the health care system to embrace and adopt new technologies that improve patient safety.


Marshall

SARAH A. MARSHALL
Manager of state and local affairs and infrastructure strategy, Dominion Energy, Richmond

A graduate of James Madison University and Clemson University, Marshall started her career with Dominion Energy at the North Anna Power Station, supporting its nuclear operations, and today she specializes in outreach for capital projects by the Fortune 500 utility. A Louisa County native, Marshall lives on a farm there with her husband and three dogs. She also serves on boards for the Center for Rural Virginia and Louisa’s chapter of Ducks Unlimited.

How I give back: I volunteer with community organizations and serve on community boards and committees where I can add value, taking the time to become knowledgeable about issues and concerns that may arise in order to make educated decisions.

Hobbies: Cooking and baking; outdoor activities with Nubb, my German shorthaired pointer; playing very bad golf; and watching college sports (Go Tigers!) and hockey (Go Caps!).


Mathews

JOHN MATTHEWS
Deputy director, Joint Industrial Development Authority of Wythe County, Wytheville

A graduate of Wytheville Community College who received his bachelor’s degree in animal sciences from Virginia Tech and an MBA from Longwood University, Matthews was a legislative aide for several state delegates and joined the IDA, which serves Wythe County and the towns of Wytheville and Rural Retreat, in 2015.

He is active locally as chair of Wythe County’s business solutions unit and Wythe-Bland Young Professionals, and is a Virginia Economic Developers Association board member. Matthews also helps manage his family’s beef farm.

Greatest professional accomplishment: Successfully hosting my first conference in 2023, the Southwest Summit, has been a real source of pride for me. As an economic developer, housing has not been at the forefront of my work until recent housing market changes began to drive site selection for new and expanding businesses.

If I wasn’t in this industry: I would remain committed to serving rural communities and advocating for their success and improved quality of life.


McNamara

JAMES JOSEPH MCNAMARA II
Planning director, City of Chesapeake, Chesapeake

A native of North Carolina, McNamara earned a master’s degree in urban and regional planning and a post-grad certificate in geographic information systems from VCU. After graduation, he worked for the Hampton Roads Transportation Planning Organization and previously was a planner for Virginia Beach before joining Chesapeake. In 2022, he received the George Robert House Jr. Award for Outstanding Service from the Hampton Roads chapter of the American Society for Public Administration.

How I give back: I’m very involved with various ministries at my church. I serve with the Chesapeake Area Shelter Team and provide food and shelter to the homeless during the cold weather months. I participate in the ROC Builders group, which assists with small construction projects for those needing repairs in our community.

Hobbies: Youth sports, outdoor adventures, backpacking, and I’ve run 18 marathons.


Moffa

MELISSA STRATTON MOFFA
Chief risk officer and general counsel, Chartway Credit Union, Virginia Beach

An attorney with a degree from the Benjamin N. Cardozo School of Law in New York, Moffa started her career as an associate counsel for Gallup and moved to finance in 2016, working for Capital One and then PenFed. In 2023, she joined Chartway, where she oversees the credit union’s legal, compliance, collections, fraud, corporate real estate and other teams.

This year, Moffa started studying for her MBA at the University of Virginia’s Darden School of Business. She lives in Virginia Beach with her
husband, a judge advocate in the Marines, and a French bulldog named Watson.

A lesson learned from a failure: Sometimes, it comes down to not having too much ego, which can often cause you to ride out a bad decision for
too long.

How I spend my spare time: I love to run. It’s the best way to clear my mind. I’ve run two marathons and am currently training for the Marine Corps Marathon. Since living in Virginia Beach, I’ve started stand-up paddle boarding.


Mordecai

EMILY SEARS MORDECAI
Associate attorney, Gentry Locke, Richmond

A lifelong Virginian and University of Virginia alumna, Mordecai first worked for Hunton Andrews Kurth and joined Gentry Locke in 2023. She’s active in the Richmond Bar Association’s young lawyers section executive board, and as a law student, Mordecai argued a precedent-setting case before the 4th U.S. Circuit Court of Appeals. She also was first chair in a private arbitration that secured a $600,000-plus award for a food manufacturer client in a breach-of-contract case.

Something surprising about me: My last name is pronounced More-deh-key. I come from a long line of Mordecais who adopted that pronunciation after arriving in America in the 18th century, though Queen Esther’s uncle Mordecai (who used the traditional pronunciation) still has us beat by thousands of years.

What I do in my spare time: Virginia Beach for summer beach days, John Paul Jones Arena for U.Va. men’s basketball games, the Blue Ridge Mountains for hiking (Spy Rock is my top pick!), and Northern Virginia for time with family.


Newman-Twynam

ASHLEIGH D. NEWMAN-TWYMAN
Project manager, Whiting-Turner Contracting, CHESAPEAKE

A Hampton Roads native, Newman-Twyman earned a civil engineering degree from Virginia Tech and started her career in construction in Baltimore but moved back home. At Whiting-Turner, Newman-Twyman is a preconstruction manager, overseeing planning for major construction projects, including budgeting, scheduling and logistics.

Newman-Twyman volunteers with the Commercial Real Estate Women (CREW) of Coastal Virginia and is a 2023 graduate of the Hampton Roads Chamber’s LEAD757 leadership program.

How I give back: For the past five or more years, I have chaired our community involvement committee in my office. Each year the committee volunteers or raises money for at least five events, including the Salvation Army angel tree, American Diabetes Association Tour de Cure, Walk to End Alzheimer’s and Shore Drive beach cleanup.

One thing I’d change about my profession: The construction industry is a very lucrative business, but it is also male-dominated. I look forward to the day where more women and people of color are running projects.


Pierson

CHRISTOPHER P. PIERSON
Chief operating officer, Sentara Norfolk General Hospital, Norfolk

A University of Virginia and VCU graduate, Pierson has held increasingly senior administrative positions at Sentara Health since 2014, and before that, worked for Mary Washington Healthcare.

Currently, he oversees operations at the 525-bed teaching hospital and Level 1 trauma center, which employs more than 3,700 people. Pierson has also served as board chair of Volunteer Hampton Roads and was a board member for the local Habitat for Humanity chapter, and he was named the 2024 Triton for the Virginia Beach Neptune Festival.

Who significantly impacted my career: I lost my father to brain cancer when I was 20 years old. He taught me you can do it all — be an engaged and dedicated husband and father, a Christian businessman and a community figure, all while being a gentleman. Something surprising about me: I know how to juggle.


Price

SAMANTHA ENGLE PRICE
Director and co-owner, Pender Family of Pet Care Cos., Chantilly

Born and raised in Virginia, Price lives on her Loudoun County farm with her husband, daughter and many animals. She also earned several degrees and certifications in veterinary management and health care, and became a co-owner of the Pender pet care company’s branch in Fairfax County in 2017.

One of the clinic’s major jobs has been caring for all animals entering the United States at Dulles International Airport that need medical assistance. They include 300 pets that came from Kabul, Afghanistan, as part of a rescue effort.

How I give back: My volunteer experience, in addition to my time as an EMT, includes participation in many trap-neuter-release pro bono surgery programs offered in Fairfax, Loudoun and Fauquier counties, and organization and hosting of many animal rescue and adoption events.
Something surprising about me: I’m a certified open-water scuba diver.


Ratliff

CHRISTOPHER JACKIE ‘CJ’ RATLIFF
Supervising nurse practitioner, The Health Wagon, Wise County

Ratliff has been with The Health Wagon since 2019, treating patients, managing several mobile clinics and overseeing an annual free clinic. He also helped people with medical support in Southwest Virginia and Eastern Kentucky after devastating flooding.

A former grocery clerk and maintenance worker, Ratliff worked his way through nursing school and now holds multiple degrees.

How I give back: I help my wife, Kayla, who is a schoolteacher at J.W. Adams Combined School in Pound, with all of her dissections and her ecology club, where we grow a garden and teach students about fresh food.

A lesson learned from a challenge: I have Asperger’s syndrome. It could always be worse. I always push forward. My dad always pushed me to continue no matter how hard it got. He always said I would be great if I would just stick with it.


Reynolds

ASHLEY REYNOLDS
Founder and chief creative officer, Cloth & Paper, Henrico County

Reynolds founded her company, which sells subscription boxes and organization and planning products, in 2015, and it’s grown from a small startup into a thriving e-commerce company that landed on the Inc. 5000 list in 2021 and 2022. Cloth & Paper currently employs 37 people.

A former Capital One employee, Reynolds grew up in a military family that ultimately landed in Midlothian, where she and her husband live. Each year, her company dedicates a portion of its sales on Giving Tuesday to support a Richmond-area charity, and Reynolds mentors budding entrepreneurs.

Greatest professional accomplishment: Over nearly a decade, I have built and grown a business that has employed over 200 people, providing them with sustainable income and benefits.

Hobbies: I spend my spare time traveling with my husband, sailing on the Potomac River, playing tennis and enjoying time with family and friends.


Rolfs

JENNA ELISE ROLFS
Dean, School of Medicine and Health Sciences, University of Lynchburg, Lynchburg

Trained as a physician assistant, Rolfs now leads the University of Lynchburg’s medical school, a post she assumed in July 2024 after working as an associate professor and associate dean. Rolfs is also board president of the Virginia Academy of Physician Assistants and vice president of the Free Clinic of Central Virginia board.

Something surprising about me: I was raised in a small town in central Illinois, where I experienced the unique challenges and opportunities that come with life in a rural community. As a first-generation college student, my journey to was marked by a strong sense of determination and a deep appreciation for the unwavering support of my family and community.

Hobbies: My personal interests include reading, running and spending time with my family. I am married with two children: a son, 8 years old, and a daughter, 4 years old.


Rothamel

BRYAN ROTHAMEL
Director of economic development, Culpeper County

Before coming to Culpeper in 2021, Rothamel worked for his native Fluvanna’s economic development department and previously was a county beat reporter for a website he founded. He received his certified economic developer credential last year.

His “Choose Culpeper Farms” campaign, with a $5,000 budget, was nominated for Best in Show by the International Economic Development Council. Rothamel also serves as vice chair of Foundation First, a nonprofit for early childhood education.

Something surprising about me: My website was the most read news site in Fluvanna County and won a First Amendment lawsuit, and I designed a water tower painting that was ranked the Top 10 water tower in America.

Hobbies: I’m a father of two little girls, so my hobbies are a lot [about] helping them learn about their world. I love baseball and devote a lot of brain power and time to the New York Mets.


Rouse

AVERY DURELL ROUSE
Regional maintenance director, The Breeden Co., Virginia Beach

A Virginia Beach native who lives with his wife and two children, Rouse has been with Breeden since 2021. He currently manages seven communities’ maintenance operations, totaling 1,637 units.

Rouse, with his brother, has started a nonprofit known as Rouse’s House, which provides resources and support to low-income students in Hampton Roads’ public schools.

Key to my success: I frequently asked my mother what my gift was, and she advised me to pray for clarity. I made a solemn promise to myself to work diligently, persevere and continually strive for improvement, embracing constructive criticism and utilizing it to my advantage.

How I give back: I assist my brother in distributing backpacks for school and turkeys for Thanksgiving, but to be honest, the most impactful way I give back is by providing young adults with opportunities to excel in this field that I am grateful to be a part of.


Saunders

JUSTIN A. SAUNDERS
Vice president of membership and strategic growth, Hampton Roads Chamber, Norfolk

Under Saunders’ leadership, the Hampton Roads chamber earned five-star accreditation from the U.S. Chamber of Commerce and was ranked in the top 1% of chambers nationwide.

A Lead757 alumnus who is an honorary commander of the U.S. Air Force, Saunders serves on the Virginia African American Cultural Center and Tidewater Community College boards and the Virginia Advisory Committee for the U.S. Global Leadership Coalition. He also volunteers as a youth coach at the YMCA of South Hampton Roads and supports medical nonprofit Operation Smile.

My biggest inspiration: The person who has made the most significant impact on my career is undoubtedly my son, Jeremiah. Watching how he admires me every day motivates me to work harder and be better.

Something surprising about me: I’ve never played hockey, but I took an ice-skating elective in college and still skate fairly well.


Snare

ROSS WILLIAM SNARE IV
Associate chief external affairs officer, UVA Health, Nokesville

Part of a military family, Snare is a Christopher Newport University alumnus and worked for the Prince William Chamber of Commerce as chief operating officer before joining UVA Health. In addition to his job, Snare serves on the Prince William Chamber board, the county’s parks and recreation commission and the Northern Virginia Emergency Response System.

Most significant professional accomplishment: In my position at UVA Health, my team and I increased the total number of community events from less than 60 per year to between 230-250 a year. We also restarted and have increased the amount of community grants we give out each year.

Something surprising about me: My first job out of college was at a cherry canning plant in northern Michigan, where I worked on the assembly line as we packed cherries during the 2007 season.


Spicknall

ANDY SPICKNALL
President, Bon Secours Harbour View Medical Center, Suffolk

As its inaugural president, Spicknall leads operations for Bon Secours’ Suffolk hospital, set to open in May. A Richmond native, Spicknall joined Bon Secours in 2014 as an administrative resident and received his master’s degree in health administration from VCU in 2015.

Spicknall was part of the American Heart Association’s Heart Walk executive committee in Hampton Roads.

How I give back: Since 2009, I have served as a national key volunteer with Scouting America through their honor society known as the Order of the Arrow. I serve as the co-creative director responsible for writing and directing inspirational and educational theatrical shows at the Boy Scouts’ national events.

If i wasn’t in this industry: I would want to be a teacher. I’m a lifelong learner who finds real joy in helping others grow and discover new things.


Trovato

NIRALI RAVAL TROVATO
Senior vice president, Towne Wealth Management; financial advisor, Raymond James Financial Services, Virginia Beach

A George Mason University alum, Trovato joined TowneBank in 2023 as a senior vice president and adviser, having worked for Cary Street Partners for a decade as a financial adviser.

Outside of work, she volunteers with the Greater Norfolk Corp.’s mentorship program and local United Way Women United events, assisting people in need. She also is on the board for the Youth Justice Center, which offers legal representation and guidance for young people. Trovato lives with her husband, two children and two Boston terriers.

Greatest professional accomplishment: The privilege to serve as an adviser for individuals and families while they navigate complex financial decisions.

Something surprising about me: I played American football since the age of 8, finally retiring in 2020. In fact, I met my husband in 2014 while playing in a sand flag football league.


Turner

JELISA TURNER
Department of Outreach and Engagement director, Henrico County, Henrico county

Since 2024, Turner has led Henrico County’s newest department, which is focused on seniors, individuals with disabilities and others with specific needs. She previously managed Henrico’s Community Assistance Resources & Education (CARE) program through its fire and EMS department.

The CARE program was recognized with a national award from the Center for Public Safety Excellence, and Turner has been acknowledged for her work on the county’s COVID-19 response in long-term care facilities.

Greatest professional accomplishment: Transforming the CARE program. While I didn’t start the program, it was entrusted to me to develop it into what it is today. Over a span of four years, I’ve worked tirelessly to reimagine and expand its scope, turning it into a robust, impactful initiative.

Something surprising about me: I grew up on a farm. From harvesting vegetables to rounding up sheep and pigs when they broke through the fence, or even jumping hay bales, I wouldn’t trade those experiences for anything.


Wescott

ABIGAIL R. WESCOTT
Managing director of external affairs, Virginia Economic Development Partnership, Richmond

At VEDP, Wescott manages relationships between economic developers, state leaders and federal policymakers, and before joining the state organization, she was chief operating officer for the Appalachian School of Law in Grundy, which she helped lead during the pandemic.

While pursuing her MBA, Wescott was assistant coach and offensive coordinator for the DeSales University women’s lacrosse team. Wescott is a gubernatorial appointee to the Family and Children’s Trust Fund of Virginia (FACT) and is its vice chair.

Something surprising about me: One of my favorite New Year’s resolutions is to cook 52 new recipes every year.

Who made a significant impact on my career: Retired Supreme Court of Virginia Justice Elizabeth McClanahan, then dean of the Appalachian School of Law. She took a chance on me after just one conversation, believing in my potential at a time when I was navigating a significant career transition.


Wiipongwii

TROY WIIPONGWII
Director of innovation and entrepreneurship in conservation, Institute for Integrative Conservation at William & Mary, Williamsburg

A STEM advocate who works at the intersection of academia, business, community and governance, Wiipongwii researches the impact of technology and policies on food systems, including production, consumption and entrepreneurship. He received his master’s degree in public policy from William & Mary in 2018 and followed that with a doctorate in data science and technology from Capitol Technology University.
Wiipongwii has worked with chefs, farmers and community leaders and founded IndigineiTEA and the Traditional Eastern Woodland Foodways Alliance.

Where I see myself in 10 years: I see IndigineiTEA being a multiproduct company generating $20 million in sales annually. I see myself continuing in my role as the director of innovation and entrepreneurship for conservation at the IIC, with an increased role of supporting the academic side of the foodways alliance.

Something surprising about me: I hope to get my pilot’s license within the next five years!


Wiltshire

JAMES A. WILTSHIRE III
Portfolio manager, Bank of America, RICHMOND

Since 2014, Wiltshire has advised high net-worth individuals and families, as well as private foundations, on their finances. He previously was an associate wealth management adviser at Northwestern Mutual and says if he could trade places with any business leader for a day, it would be Warren Buffett.

A VCU graduate who received a chartered financial analyst designation, Wiltshire enjoys running and traveling, as well as spending time outdoors with his family. He’s a member of the Sports Backers president’s council and served as a board member for Viridiant for three years.

Key to my success: The key to my success is the combination of my unwavering discipline, a growth mindset, genuine curiosity and the ability to adapt to challenges.

Something surprising about me: I raised bantam chickens in my backyard and taught one of them to fly on command to my arms.


Zhang

BENMING ZHANG
Associate attorney, Kaufman & Canoles, Williamsburg

Zhang practices corporate, securities, zoning and estate planning law at Kaufman & Canoles, and as a William & Mary student, was the first Asian American person elected to Williamsburg City Council. He is married to his former law school classmate, Kelsey Abell, and they live in Williamsburg with their two children and co-own a bed-and-breakfast with Abell’s mother. Among Zhang’s volunteer duties, he has served as president of Literacy for Life for four years, offering adult education and English classes.

Greatest professional accomplishment: Successfully representing a client that completed its initial public offering and listing on Nasdaq this past year.

If I wasn’t in this industry: I would start and run my own non-legal business full-time. I have a strong entrepreneurial drive, which has been rooted in my father’s experiences owning his medical practice for much of his career.

Truckers hope freight recession is finally ending

SUMMARY:

  • Virginia Association hopes for regulatory relief under Trump
  • February activity saw largest monthly rise in years
  • Truckers face uncertainty from Trump’s new tariff proposals
  • Industry cites challenges from emissions rules and transition costs

Virginia truckers hope will bring the industry some regulatory relief and spark a comeback after a protracted freight .

During the height of the COVID-19 pandemic, the trucking industry surged, driven by growing numbers of people ordering consumer goods from home.

“When consumers are buying things, that’s good for trucking because we need to move it and bring it to them,” says Dale Bennett, president and CEO of the Virginia Trucking Association. “Coming out of COVID, once things started opening up, people started shifting more to experiences — going out to concerts, taking vacations, escaping from cabin fever. While trucking is needed to support all these experiences, it’s not nearly as good for us as people buying goods that we transport.”

Inflation and a sudden increase in open capacity further dragged on the trucking industry.

But in February, trucking activity perked up and grew 3% compared to January, the largest monthly increase in several years, according to the American Trucking Associations.

Carriers seemed generally optimistic after Trump’s presidential victory in November and anticipated a rollback of federal regulations, especially those requiring lower emissions and a shift toward electric vehicles. His emphasis on tariffs, though, has created some uncertainty. In early April, Trump declared a 10% baseline tax on imports from all countries and higher tariffs on some nations, including 34% on China, risking a broader .

ATA President and CEO Chris Spear said in April that truckers hauling goods between the U.S., Mexico and Canada “will bear a direct and disproportionate impact” from tariff wars.

“Almost all cross-border traffic goes by truck,” Bennett says. “We’re hopeful that the Trump administration’s strategy will result in a quick resolution of the issue. Let’s get it resolved.”

The uncertainty caused by Trump’s sporadic tariff threats leaves questions about whether February’s bump in trucking activity really signaled the end of the U.S. freight recession, or if it’s a blip.

“This has been the longest freight recession we’ve had,” says Devon Anders, president of Rockingham County third-party company InterChange. “It’s started to come back, but then it hasn’t. The prediction was freight would come back strong this year, and now there’s a little bit of a question if we’ll pull out of it.”

There’s more confidence Trump will lift regulations on the trucking industry. He already has issued executive orders to roll back Biden-era clean energy spending and environmental regulations, and Trump says he will bring back less stringent auto emissions standards.

“That is something we fought under the Biden administration, and we’re hoping we’re going to have a better chance for our side of the issue to be heard,” Bennett says.

Trucking advocates say the industry already is moving toward fewer emissions and cleaner vehicles.

“Compare a new truck today to one in 2010; its emissions are 40% less,” Bennett says. “We’ve got a great story to tell about how we’ve worked hard and invested money to reduce our emissions.”

Some of truckers’ problems with federal and state emissions restrictions come from their timeline. A rollback helps with “not having to switch out equipment as quickly,” Anders says. “The changes cost a lot, which drives up the cost of trucking.”

California withdrew its request for a federal waiver for its Advanced Clean Fleets rule, which would have required a shift to emissions-free vehicles by 2036. Virginia’s policy is similar, but the state granted an exemption for trucks over seven tons.

Bennett says that California’s goals “are not realistic and not achievable given the current state of battery electric technology for heavy-duty trucking and the lack of charging infrastructure. To force it is not good for the industry and not good for the supply chain.”

 

Startup, funding, and innovation news from Virginia

Members of the Charlottesville Angel Network, which marked its 10-year anniversary in April, have invested more than $20 million in nearly 80 startups. The group of accredited investors supports early-stage ventures and has realized returns from several successful exits, including from Palvella Therapeutics, a company developing therapies for rare genetic skin diseases that merged with Pieris Pharmaceuticals in December 2024. Early investors realized returns of up to 20 times, while investors in later funding rounds have had returns averaging about 8 times. The network also invested in Dive Technologies, an autonomous underwater vehicle company acquired by Anduril Industries in February 2022. Its combined investments resulted in a return of approximately 6 times. (News release)

Alexandria data management startup pgEdge announced in mid-March it had raised another $4 million from four investors, including Massachusetts-based cloud computing giant Akamai Technologies and London investment management firm Qube Research & Technologies. The new funding brings the 3-year-old startup’s total raise from a seed round that previously closed in August 2024 to $14 million and total lifetime funding to $23 million. Co-founded by local entrepreneur Phillip Merrick, the startup has an open-source software platform that can improve the speed and efficiency of websites and applications. (DC Inno)

Richmond National Group and its affiliates raised $55 million in an oversubscribed equity capital raise. Based in Glen Allen, the holding company for Richmond National Insurance — a specialty excess and surplus lines insurance company that focuses on small and mid-sized businesses — announced the raise had closed in late March. Richmond National raised the common equity capital from existing shareholders, including HF Capital, Bonhill Capital, WT Holdings and employees, bringing its total common equity capital raised since its founding in 2021 to more than $210 million. (News release)

Runtime Ventures, a new venture capital firm based in and Austin, Texas, launched a debut fund of $32 million to invest in early-stage cybersecurity startups, it announced in early April. Co-founded by managing partners Michael Sutton and David Endler, the firm plans to make 32 investments over the next three years, ranging from $250,000 to $2 million per investment, Sutton said. Runtime Ventures has already made 11 investments. Sutton and Endler met in 2001 while working at -based iDefense Security Intelligence Services, which VeriSign acquired for $40 million in 2001. (DC Inno; News release)

Verge, a collective of organizations dedicated to tech-based economic development in the Roanoke and New River valleys, announced March 18 a rebrand, an effort that includes a new website, logo and a new name: the Roanoke Blacksburg Innovation Alliance (RBIA). Previously, Verge, which has roots dating back to 2013, used “Roanoke Blacksburg Innovation Alliance” as its tagline. Organizations under the RBIA umbrella include Regional Accelerator and Mentoring Program (RAMP), a public/private business accelerator serving startups in STEM-H fields; RBTC, a member association of technology professionals, businesses and organizations; and CommonWealth Angels, a Roanoke-based private capital investment organization. (VirginiaBusiness.com)

Where Ya Bin, an Ohio-based chain of stores that resell Amazon returns, opened its first Richmond-area location on March 14. The 18,000-square-foot store is located in the Quioccasin Station Shopping Center in Henrico County. Products are stocked for each Friday, with prices starting at $14 on Fridays and lowering throughout the week. On Thursdays, prices drop to 25 cents, and once bins are emptied, they’re restocked with fresh products to restart the cycle on the following Friday morning. Founded in 2022, Where Ya Bin has eight locations nationwide. (Richmond Times-Dispatch)

Chase City to turn old school into apartments

SUMMARY:

  • approves plan to turn former Robert E. Lee school into
  • Original $1 offer sparked controversy and brief resignation of town manager
  • Building has been vacant since around 1980
  • Project follows similar historic redevelopments by Richmond-based

After a long debate, Chase City’s aging, disused Robert E. Lee Community Center is set to be turned into apartments.

The fate of the former school has long been a topic of discussion in the town, with one local group hoping to turn it into a music venue, a local YMCA eyeing it, and a Richmond-based developer seeking to convert the structure into residences.

On Feb. 10, the town council narrowly voted down a plan to sell the building to developer Edwin Gaskin, the owner of Richmond-based Echelon Resources, for $1 — a vote that prompted the town manager, C.F. “Dusty” Forbes, to shout, “My resignation is on your desk,” according to The Mecklenburg Sun.

Forbes later withdrew his resignation while town officials and the developer tweaked details of the proposal. On March 24, council members voted unanimously to transfer the building to Echelon Resources, which plans to transform it into 25 mid- to high-end apartments, mostly one-bedroom units.

The building’s price was set at $10,000. If Echelon sells the building within five years, the town will get another $100,000.

Gaskin declined to discuss details of the plan for the building until a contract with the town is finalized. “It’s taken a patient path to get to this point,” he says. The developer has redeveloped numerous , including transforming a tobacco company warehouse into the Imperial Lofts in South Boston.

Asked about the former school’s Confederate name, Chase City Mayor Alden Fahringer says it will be up to a new owner to decide if it remains named for Lee.

Gaskin, who has a long record of turning older structures into apartments in Virginia and North Carolina, first approached the town in late 2022. Council members gave the first chances at redevelopment to local groups, but none were unable to take on multimillion-dollar renovations.

Forbes says he attended the Lee school for fourth and fifth grade, not long before the building’s regular academic use ended around 1980.

By the time Forbes became town manager more than five years ago, the building had been empty for a long time, and he says he was frustrated by the council’s February vote because the school could be part of wider redevelopment.

“I guess good things come to those who wait and persevere,” Forbes said after the council’s March decision.