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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Kastner
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: CHRISTOPHER D. KASTNER

Kastner has now completed his first year as head of the nation’s largest military shipbuilding company, Huntington Ingalls Industries, which owns Newport News Shipbuilding, Virginia’s largest industrial employer. He was tapped as HII’s president and CEO in March 2022, after previously serving as chief operating officer and chief financial officer. In fiscal 2022, the company [&he[...]

2022 Virginia 500: Federal Contractors | Technology
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: MIKE SALVINO

Since 2019, Salvino has led Fortune 500 IT contractor DXC as its CEO, and he became its board chairman last year. DXC, which employs 133,000 people worldwide, has experienced declining revenue over the past few years. In fiscal year 2023, it reported $14.4 billion in revenue, down from $16.3 billion in 2022 and $17.73 billion […]

Retail | Wholesale | Food | Beverage 2023: CHAE-UNG UM
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: CHAE-UNG UM

In January, Um became CEO of StarKist, the packaged tuna and chicken company that moved its headquarters to Northern Virginia last year from Pittsburgh. Owned by Dongwon Industries, a South Korean seafood company, StarKist has 4,000 employees globally and revenue of $210 million. Having joined StarKist in November 2022, Um replaced former CEO Andrew Choe. […]

Finance | Insurance 2023: PAUL B. MANNING
Virginia 500 August 30, 2023

Finance | Insurance 2023: PAUL B. MANNING

Known for their philanthropy, Manning and his wife, Diane, donated $100 million in January to the University of Virginia to create the Paul and Diane Manning Institute of Biotechnology, which will focus on research into new medical treatments like cellular and gene therapies, nanotechnology and immunotherapy. Manning has said he hopes the institute will lead […]

Finance | Insurance
Virginia 500 August 30, 2023

Finance | Insurance 2023: TOM RYAN 

Ryan’s business philosophy is simple: “Take great care of your team and they’ll take care of our [customers], and the business will take care of itself.” Ryan joined Langley Federal in 2012 after more than 20 years with Massachusetts-based Digital Federal Credit Union, where he was executive vice president and chief operating officer. With more […]

Manufacturing 2023: BRADFORD ‘BRAD’ BEAUCHAMP
Virginia 500 August 30, 2023

Manufacturing 2023: BRADFORD ‘BRAD’ BEAUCHAMP

Even early in life, Beauchamp was a businessman: He and his brother earned money by fishing balls out of the ponds and woods by a golf course, cleaning them up and selling them back to golfers. With such a business mindset, it’s no wonder he rose to Carpenter’s top leader, a role he’s held since […]

Manufacturing 2023: KOEN KNIPPENBERG
Virginia 500 August 30, 2023

Manufacturing 2023: KOEN KNIPPENBERG

A longtime Volvo Group employee, Knippenberg moved from his home country of Belgium to become vice president and general manager of the New River Valley Volvo Trucks plant in April 2022. Before that, he was vice president for the company’s plant in Ghent, Belgium, as well as managing director for Volvo Group Belgium for five […]

Nonprofits | Philanthropy 2023: DEBORAH M. DiCROCE
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: DEBORAH M. DiCROCE

A passion for higher education and the desire to help build a thriving community with opportunities for all is what drives DiCroce’s continued success at the Hampton Roads Community Foundation. The foundation’s role as the region’s largest grant and scholarship provider continues to grow under her direction, topping $20 million in grants and scholarship awards […]

Virginia 500 August 30, 2023

2023 Virginia 500: Finance | Insurance

John C.  Asbury  CEO, ATLANTIC UNION BANKSHARES, RICHMOND     G. Robert Aston Jr.  EXECUTIVE CHAIRMAN, TOWNEBANK, SUFFOLK     Vikram “Vik” Atal PRESIDENT AND CEO, PRA GROUP, NORFOLK     Thomas I. Barkin  PRESIDENT AND CEO, FEDERAL RESERVE BANK OF RICHMOND, RICHMOND     Jeff Bentley PRESIDENT AND CEO, NORTHWEST FEDERAL CREDIT UNION, HERNDON [&[...]

Economic Development 2023: ROBERT J. ‘BOB’ STOLLE
Virginia 500 August 30, 2023

Economic Development 2023: ROBERT J. ‘BOB’ STOLLE

Editor’s note: Stolle announced his resignation on Aug. 31, after publication of the Virginia 500. A former state secretary of commerce and trade under Gov. George Allen, Stolle brings years of experience in economic development and public policy to his role leading VIPC. Formerly the Center for Innovative Technology, VIPC is a not-for-profit corporation created […]

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Top Stories

Dollar Tree retail store

Dollar Tree completes $1B Family Dollar sale

Dollar Tree on Monday announced it has completed the sale of its Family Dollar business segment for [...]

Carilion Clinic raises $96M for cancer center

Carilion Clinic raises $96M for cancer center

Carilion Clinic is counting on public support to reach its $100 million goal to build a six-story ca[...]

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Emerson to lay off 87 workers in Charlottesville

Emerson Electric plans to lay off 87 workers at its Charlottesville manufacturing facility, starting[...]

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Virginia senators seek injunction against seating 8 rejected BOV appointees

State senators ask for injunction so eight university board appointees can't be installed at three V[...]

Reshoring manufacturing is one of President Donald Trump’s priorities

Reshoring manufacturing is one of President Donald Trump’s priorities

President Donald Trump wants manufacturing jobs to return to the U.S., but it's not as simple as tha[...]

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U.Va. president resigns under pressure from DOJ

University of Virginia President Jim Ryan has resigned, saying he can't fight the federal government[...]

People

A man wears a navy blue blazer and a green tie.

Dominion promotes Baine to EVP of utility operations

1/7/2025

Virginia 500 July 2025 Spotlight: Michael J. Lutes

Virginia 500 July 2025 Spotlight: Michael J. Lutes

29/6/2025

Virginia Bankers Association names new chair

Virginia Bankers Association names new chair

24/6/2025

Regions

Frederick prepares for data center development

Frederick prepares for data center development

Increasingly, data center developers are eyeing sites in parts of the commonwealth outside Northern [...]

Officials envision new life for shuttered state campus

Officials envision new life for shuttered state campus

Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions ho[...]

Post GreenCity, Henrico tries again

Post GreenCity, Henrico tries again

Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid law[...]

$35B Capital One-Discover merger closes

$35B Capital One-Discover merger closes

McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Ser[...]


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