Virginia.gov history

Virginia's first such district is created in 1988 to upgrade a heavily congested section of Route 28 near the Dulles Airport in northern Virginia.1988: Legislators allow private companies to build and operate for-profit toll roads.

Plans for the first such facility - an extension of the Dulles Toll Road - are approved by the Commonwealth Transportation Board (CTB) in 1989.1989: The General Assembly authorizes the issuance of $600 million in bonds for upgrading the 500-mile-long United States Route 58 corridor.

The move is expected to promote economic development in southern and southwestern Virginia.1990:The General Assembly designates the secretary of transportation as chairman of the CTB. VDOT's transportation commissioner becomes vice-chairman.

Virginia's first such district is created in 1988 to upgrade a heavily congested section of Route 28 near the Dulles Airport in northern Virginia.1988: Legislators allow private companies to build and operate for-profit toll roads. It's a section of Interstate 295 around Richmond and Petersburg.1995: The Dulles Greenway opens.

11, 2001, a half brother of Osama bin Laden was attending a Carlyle conference at a Washington hotel.

It's the nation's first private toll road in more than 150 years.Congress designates 161,000 miles as the National Highway System. It proves to be quick-fix paving program, saving time and money.A cost-estimating system allows VDOT to obtain more accurate project forecasts.2004: The Highway Safety Corridor program is launched on key stretches of interstates.

David S. Ekern is selected to serve as VDOT’s commissioner.2007:VDOT meets or exceeds all project completion and budget goals for the first time.

Youngkin moved from the investment side of the firm into management in 2008.

Bob McDonnell.VDOT opens its statewide, 24-hour Customer Service Center.VDOT signs an interim agreement with a private firm to develop and operate the Downtown Tunnel/Midtown Tunnel/MLK Extension.2011:VDOT opens the Office of Transportation Public-Private Partnerships.Gov.

Eventually — in 2012 — the formerly clubby, private firm went public, selling shares after a complex transition overseen by the rapidly rising Youngkin.

In 2013, Carlyle took a minority stake in the headphones maker Beats, boosted its national distribution and then profited when Apple bought the brand just nine months later.

The three founders made a momentous decision in 2017 to step back and name successors to run the company.

Glenn is astounding at that,” said Christopher Ullman, Carlyle’s longtime public face as its director of communications for nearly two decades before stepping down in 2018.