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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Retail | Wholesale | Food | Beverage 2023: ARIE KOTLER
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: ARIE KOTLER

In June, Arko, the nation’s sixth largest convenience store chain, with more than 1,500 company-operated stores in 30 states, made the Fortune 500 list for the second time, ranked at No. 460, 38 places higher than its 2022 debut. The parent company of Henrico-based GPM Investments, Arko brought in $72 million in net income in […]

Finance | Insurance 2023: JEFF WRIGHT
Virginia 500 August 30, 2023

Finance | Insurance 2023: JEFF WRIGHT

Well into his second year as CEO of the German travel insurance and assistance company’s U.S. subsidiary, Wright carries with him a “love for extreme technical financial concepts” that led him to choose a career in the insurance industry. Wright earned his bachelor’s degree from the University of Richmond and his MBA at the University […]

Government | Politics 2023: WINSOME EARLE-SEARS
Virginia 500 August 30, 2023

Government | Politics 2023: WINSOME EARLE-SEARS

Earle-Sears wanted to be a lawyer, but after being accepted to law school, she had a change of heart, she says, and then “life got in the way.” Instead, she served in the U.S. Marine Corps, was elected to a term in the House of Delegates, managed a homeless shelter and spent a decade as […]

Hospitality | Tourism 2023: JIM McGLOTHLIN
Virginia 500 August 30, 2023

Hospitality | Tourism 2023: JIM McGLOTHLIN

McGlothlin has always had an innate sense for a good business opportunity. He built a fortune from coal mines and then pivoted to hospitality as the coal business began to recede. A William & Mary alumnus, McGlothlin has a bachelor’s degree in psychology and a law degree. He started out as a lawyer in Grundy, […]

Real Estate 2023: MARK J. HOURIGAN SR.
Virginia 500 August 30, 2023

Real Estate 2023: MARK J. HOURIGAN SR.

After stints with Westinghouse and Galloway, Mark Hourigan founded construction and development company Hourigan Group in 1993. The company has more than 200 employees, all based in Virginia. Notable Hourigan Group projects include the 17-story VCU Health Adult Outpatient Pavilion and the University of Richmond‘s 8,700-seat Robins Stadium, as well as Apex Plaza, a mixed-use […]

Real Estate 2023: JON PETERSON
Virginia 500 August 30, 2023

Real Estate 2023: JON PETERSON

Founded in 1965 by Peterson’s late father, Milt, Peterson Cos. is responsible for some of the most prominent and successful mixed-use retail, residential and office developments in Northern Virginia and Maryland, including Fairfax Corner, Fair Lakes, National Harbor, Burke Centre and Tysons McLean Office Park. In 2021, the company branched out to self-storage, opening its […]

Economic Development 2023: BRYAN K. STEPHENS
Virginia 500 August 30, 2023

Economic Development 2023: BRYAN K. STEPHENS

Stephens has headed the Hampton Roads Chamber for the past 10 years, promoting business concerns in the region, home to Naval Station Norfolk, the world’s largest naval complex, as well as significant manufacturing and hospitality sectors.  The chamber maintained its U.S. Chamber of Commerce five-star accreditation in 2022, placing it in the top 1% of […]

Federal Contractors | Technology 2023: JAMES J. RHYU
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: JAMES J. RHYU

Rhyu has led online learning company Stride since January 2021. Founded in 2000 and formerly known as K12, the company provides K-12 education for students and schools, including career learning services for middle and high school curricula, and offers programs for the military and businesses, as well as professional skills training in health care and […]

Media: DOUG DAVIS
Virginia 500 August 30, 2023

Media 2023: DOUG DAVIS 

Davis brought with him more than a quarter-century of experience in the Virginia broadcast world when he stepped into the role of senior vice president and regional manager of Nexstar Media Group in 2017. His first broadcasting job in the region was at WVEC-TV, followed by stints as local sales manager of Norfolk’s WAVY-TV 10, […]

Retail | Wholesale | Food | Beverage 2023:  WILLIAM D. ‘BILL’ NASH
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: WILLIAM D. ‘BILL’ NASH

Nash began at CarMax in 1997 as an auction manager, working his way up to president and CEO in 2016. Founded in 1993 in Richmond as a subsidiary of electronics retailer Circuit City, CarMax is the country’s largest retailer of used cars, reporting $31.9 billion in 2022 revenue and employing more than 30,000 people. In […]

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Top Stories

The NASA flag waving along with the American flag in the background. Taken March 5, 2021, in Washington, D.C. Photo by AdobeStock

NASA Langley could lose 672 jobs under Trump’s proposed budget

Trump’s 2026 budget proposal could slash 672 jobs at NASA Langley Research Center in Hampton.

Photo of four-story building

Owens & Minor ends $1.36B deal to buy home-based care business

Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.

President Donald Trump talks to workers as he tours U.S. Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson)

Trump’s promised steel and aluminum tariffs go into effect

U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s se[...]

Presenting the 2025 Virginia C-Suite Awards

Presenting the 2025 Virginia C-Suite Awards

Virginia Business is proud to present our inaugural Virginia C-Suite Awards, honoring 33 top executi[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual For[...]

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five [...]

People

Danny Deep. Photo courtesy General Dynamics

General Dynamics promotes EVP to global operations

5/6/2025

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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