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Home>Katherine Schulte

Katherine Schulte

Recent Articles from Katherine Schulte

Reading the room
Industries September 29, 2022

Reading the room

In 2017, David Kern, a retired Naval submarine officer turned entrepreneur, had a lightbulb moment. While working on a data analytics project at a desk in the Naval Station Norfolk annex, he realized that his company, Virginia Beach-based Kern Technology Group LLC, needed to shift from focusing on product development to becoming a service contractor. […]

COVID challenges continue for Va. restaurants
News September 28, 2022

COVID challenges continue for Va. restaurants

Liz Kincaid faced a major problem in August after the walk-in refrigerator in one of her Richmond restaurants — Max’s on Broad — broke. Her usual supplier told her the wait for the replacement part would take two months. “I have raw oysters and produce and fish and chicken,” recalled Kincaid. “I’m like, ‘What am […]

Retail | Wholesale
News September 12, 2022

Arko to acquire Transit Energy Group for $375M

Arko Corp., a Fortune 500 holding company for Richmond-based convenience store chain GPM Investments LLC, announced Monday that GPM and some of its subsidiaries have agreed to acquire South Carolina-based Transit Energy Group for approximately $375 million plus the value of inventory. Transit Energy Group has about 150 convenience stores and fuel supply rights to […]

People September 9, 2022

Arlington supply chain tech unicorn hires CFO

Arlington-based supply chain management technology company Interos Inc. has hired Aida Sukys as chief financial officer. Sukys was previously CFO at Justworks Inc., a human resources tech company. Sukys also was the group CFO and global head of financial business services for Willis Towers Watson PLC, a global risk management and insurance company. In that […]

Christopher Jones headshot
People September 9, 2022

Appian appoints new chief revenue officer

McLean-based cloud computing firm Appian Corp. has named Christopher Jones to serve as chief revenue officer. Jones will lead the company’s sales operations and report directly to Appian CEO Matt Calkins. “Appian has built a leadership position in the low-code industry through superior technology and a compelling vision to empower organizations and individuals,” Jones said in […]

Amy Stoakley Sebring headshot. She wears a blazer with a VT pin on the left lapel
People September 8, 2022

Virginia Tech appoints COO from W&M

Virginia Tech announced Wednesday it has named Amy Stoakley Sebring, currently chief operating officer at William & Mary, as its executive vice president and COO, effective Nov. 1. “I am very pleased to welcome Amy to the university community and our leadership team,” Virginia Tech President Tim Sands said in a statement. “She brings a […]

Tracy Vosburgh. Photo by Ray Meese, courtesy Virginia Tech
People September 6, 2022

Virginia Tech promotes VP of comms, marketing

Virginia Tech announced Tuesday it has promoted Tracy Vosburgh to be its inaugural vice president of communications and marketing. The university is also renaming its University Relations department to Communications and Marketing. Vosburgh has served as Virginia Tech’s top communications administrator since 2015, when she joined the university as senior associate vice president for universi[...]

WILLIAM E. CONWAY JR.
Education September 6, 2022

U.Va. School of Nursing receives $14M donation

The Carlyle Group co-founder, interim CEO and non-executive co-chairman William E. “Bill” Conway Jr. and his wife, Joanne, have committed $14 million to the University of Virginia’s School of Nursing, the university announced Friday. Adding to previous donations, the Conways’ gifts now total $49 million. “Our goal of supporting the School of Nursing is twofold,” [&helli[...]

Dr. Paula M. Fracasso headshot. Photo courtesy VCU Massey Cancer Center
People September 6, 2022

Massey Center, VCU Health hire cancer exec

Virginia Commonwealth University Massey Cancer Center and VCU Health announced Tuesday that Dr. Paula M. Fracasso, formerly of the University of Virginia, is now the cancer center’s deputy director and senior vice president of the health system’s cancer service line. An oncologist, former pharmaceutical executive and medical school professor, Fracasso joined VCU and the Massey [&hellip[...]

Elaine Beeman headshot
People September 6, 2022

Accenture Federal Services promotes chief leadership officer

Arlington-based Accenture Federal Services promoted Elaine Beeman to chief leadership officer on Sept 2. In her new role, Beeman will focus on employee experience and succession planning and will continue leading the federal contractor‘s civilian portfolio. Beeman joined AFS in 2009 as managing director of customer relationship for Accenture’s health and public service business. In [&h[...]

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Top Stories

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilitie[...]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Mars completes $36B Kellanova acquisition

McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion [...]

Depositphotos

Avio USA picks Virginia for $500M solid rocket motor factory

Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. [...]

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton will invest over $50 million to expand its existing manufacturing footprint in Henrico County [...]

Stocks slip as S&P 500 pulls back from record high

University board fight ends; Spanberger to fill 22 seats

The legal battle between Gov. Glenn Youngkin and state Senate Democrats over university boards of vi[...]

On Dec. 7, 2025, the $36 billion Mars-Kellanova acquisition was approved by the EU Commission.

EU approves $36B Mars-Kellanova buy; deal to close this week

McLean-based candy and pet care giant Mars has received the European Union's blessing to acquire Kel[...]

People

Theodore “Ted” Tanner Jr. will join Leidos as CTO in January. Photo courtesy Leidos

Leidos names AI chief technology officer

15/12/2025

Fritz Sassine. Photo courtesy Virginia General Assembly

Virginia legislature appoints new automated systems director

9/12/2025

Greg Weatherford. Photo courtesy Virginia State Corporation Commission

SCC names new comms director

8/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]


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