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contents Vol. 31


VirginiaBusiness.com OCTOBER 2016


No. 10 VIRGINIA BUSINESS PUBLICATIONS LLC


President & Publisher Bernard A. Niemeier Editor Robert C. Powell III


Managing Editor Paula C. Squires Senior Editor Jessica Sabbath


Special Projects Editor Veronica Garabelli


Contributing Writers Elizabeth Cooper Greg Edwards Richard Foster Garry Kranz Martha Steger Joan Tupponce


Art Director Adrienne R. Watson


Contributing Photographers Rick DeBerry Mark Rhodes


Production Manager Kevin L. Dick Circulation Manager Karen Chenault Accounting Manager Stephen P. Fishel


ADVERTISING CENTRAL VIRGINIA


1207 East Main Street, Suite 100, Richmond, VA 23219 (804) 225-9262 Fax: (804) 225-0028


Vice President of Advertising Hunter Bendall Account Manager Molly Thompson


HAMPTON ROADS


4211 Monarch Way, Suite 104, Norfolk, VA 23508 (757) 625-4233 Fax: (757) 627-1709 Sales Manager Susan Horton


ROANOKE


210 S. Jefferson St., Roanoke, VA 24011-1702 (540) 597-2499


Sales Manager Lynn Williams SPECIAL REPORT


62 Shakeup at Virginia Economic Development


EMPLOYEE BENEFITS 56 Business


imperative? Changing workforce creates more demand for parental leave. by M.J. McAteer


COMMUNITY PROFILE: NEWPORT NEWS


74 Revitalization


and innovation Newport News seeks opportunities as the city continues to change. by Elizabeth Cooper


COLLEGE PROFILE: UNIVERSITY OF VIRGINIA'S COLLEGE AT WISE


Partnership Restructuring ‘to keep up with the times’ takes effect while the search for new CEO continues.


by Paula C. Squires and Jessica Sabbath


POLITICS


66 Political dominoes


A Clinton-Kaine win could create a chain reaction in Virginia.


by Paula C. Squires EXECUTIVE COMPENSATION VIRGINIA BUSINESS PUBLICATIONS LLC


A portfolio company of Virginia Capital Partners LLC Frederick L. Russell Jr., chairman


Virginia Business (USPS 001-387, ISSN 0888-1340) is published monthly by Virginia Business Publications, LLC, 1207 E. Main Street, Suite 100, Richmond, VA 23219. Subscriptions: U.S. and possessions: $48. Periodicals postage paid at Richmond, Va. Postmaster: Send address changes to Virginia Business, 1207 East Main Street, Suite 100, Richmond, VA 23219. Copyright 2016 Virginia Business Publications, LLC. All editorial material is fully protected and may not be reproduced in any manner without prior permission. For additional reference: SRDS #20A – Business-Metro, State and Regional


68 CEO payday 2015 brought raises for some, but the average for total packages was flat. by Garry Kranz


departments 6 Followups 7 Events calendar 9 Our View


11 Out & About 14 Regional Views 84 Index


like us on www.facebook.com/VirginiaBiz


4 OCTOBER 2016


follow us on @VirginiaBiz


80 Mountain grown


College seeks to rebuild Southwest Virginia’s economy.


by Greg Edwards


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