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Recent Articles from Katherine Schulte
HII division announces new VP of infrastructure and sustainability
Newport News-based Fortune 500 military shipbuilder HII announced Wednesday that Eric Crooker is the new vice president of infrastructure and sustainability at its Pascagoula, Mississippi-based Ingalls Shipbuilding division. In this role, Crooker will focus on compliance and enterprise risk management along with overseeing environmental; health; safety and security; and facilities and maintenanc[...]
Stronger together
Bank acquisitions and mergers, particularly among Virginia’s community banks, continued apace in 2021. Banks sought scale for efficiency and flexibility, as well as to acquire resources in anticipation of potential new government regulation. “The recurring theme in bank mergers is scale,” Bruce Whitehurst, president and CEO of the Virginia Bankers Association, told Virginia Business in [[...]
Eyes on the future
In 2021, a year marked by continuing pandemic uncertainty and overloaded health care systems, philanthropists and corporations gave generously, supporting construction and research projects at Virginia universities and hospitals. Following 2020, a year that saw record-breaking donations to Hampton, Norfolk State and Virginia State universities by billionaire MacKenzie Scott, 2021 saw similarly gen[...]
Take a hike
Amid the ongoing pandemic, Virginians have escaped to the outdoors, enjoying the commonwealth’s varying recreational activities. “Since the pandemic started, people have wanted to get out of their homes and explore,” says Virginia Tourism Corp. Communications Manager Andrew Cothern, “and there’s so much to do in Virginia that outdoor recreation was a natural thing that […]
Heavy hitters
In an increasingly digital world, the nature of what being influential means continues to evolve, but true influence — and the accompanying power it brings to gain support and buy-in for big ideas — requires more than just clicks, likes and followers. Virginia Business’ annual list of the commonwealth’s 50 most influential people provides our […]
PAE’s former head named Amentum CEO
John Heller, the former CEO of Falls Church-based contractor PAE Inc., will serve as CEO of Germantown, Maryland-based aerospace defense contractor Amentum Services Inc., which purchased PAE earlier this month. Heller, who led PAE for seven years until March 2021, will take his new post effective March 28, Amentum announced Thursday. ”It is an honor […]
Walgreens to establish $34.2M fulfillment center in Hanover
Walgreens will invest $34.2 million to establish a micro-fulfillment center in Hanover County, a project expected to create 249 jobs, Gov. Glenn Youngkin announced Friday. The 65,686-square-foot facility will be located at the 185,000-square-foot Atlee Station Logistics Center and will have automated machinery to allow for a flexible operating model. “The Walgreens micro-fulfillment center in [&[...]
Arlington cybersecurity firm promotes CEO
Jennifer Tisdale has been promoted to CEO of GRIMM, the Arlington-based cybersecurity firm announced Tuesday. She was previously the firm’s senior principal of cyber-physical systems security. “Having spent the last decade dedicated to the advocacy of cybersecurity research and testing, it is an honor to lead the strategic direction and phenomenal cybersecurity talent at GRIMM,” [...]
Va. hotel revenues down 6.5% from Jan. 2019
Virginia hotel revenues in January were 6.5% below January 2019 levels, according to data released Monday by STR Inc., a CoStar Group division that provides market data on the U.S. hospitality industry. During the same period, hotel rooms sold decreased by 4% compared with 2019 levels. The average daily rate (ADR) paid for hotel rooms […]
VEC reduces backlog by 89%
The Virginia Employment Commission has decreased its backlog by nearly 89%, Gov. Glenn Youngkin announced Monday. The VEC reduced the backlog of employment separation reports from 246,273 to 27,728 and unpaid pending claims from 24,887 to 15,846 claims. “Virginians deserve an unemployment insurance system that is responsive, efficient and customer focused,” Youngkin said in a […]
