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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Education 2023: GORDON P. ROBERTSON
Virginia 500 August 30, 2023

Education 2023: GORDON P. ROBERTSON

In addition to succeeding his famous and controversial late father, the evangelical Christian leader Pat Robertson, as president and CEO of the Virginia Beach-based Christian Broadcasting Network and host of its flagship weekday news magazine show, “The 700 Club,” Robertson became Regent’s chancellor in July. Pat Robertson was still at the helm of the influential […]

Federal Contractors | Technology 2023: RYAN ANGOLD
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: RYAN ANGOLD

Angold, a former Navy SEAL who graduated from the U.S. Naval Academy, wore one of ADS’ wetsuits when he was deployed on missions. In 2005, Angold left the Navy and joined Blackbird Technologies, a solutions provider for the intelligence community that became part of Raytheon Technologies (now RTX). He joined ADS in 2010 as Navy […]

Federal Contractors | Technology 2023: JENNIFER FELIX
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: JENNIFER FELIX

As head of Reston-based ASRC Federal, Felix leads a family of companies serving government IT customers in the defense and civilian sectors. ASRC Federal is a subsidiary of Arctic Slope Regional, an Alaska Native corporation, and employs about 8,000 people in 44 states and territories, with 861 employees in Virginia. In May, ASRC Federal purchased […]

Retail | Wholesale | Food | Beverage 2023: JAMES GRAMM
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: JAMES GRAMM

In 1983, barely five years after graduating from high school in Alexandria, Gramm sold two new cars on his first day as a sales rep at a dealership in Vienna. “The retail automobile business,” he says, “has been in my blood ever since.” Gramm worked in car sales in Virginia and Maryland, rising to vice […]

Retail | Wholesale | Food | Beverage 2023: POUL WEIHRAUCH
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: POUL WEIHRAUCH

Since taking over the reins at the candy and pet food giant in September 2022, Weihrauch has set a goal of doubling its sales by 2033. With $45 billion in sales in 2022, Mars is the largest privately held company in Virginia and the fourth largest in the nation. It has approximately 140,000 employees in […]

Retail | Wholesale | Food | Beverage 2023: JACK WOODFIN
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: JACK WOODFIN

For Woodfin, heating and cooling is a family affair: His parents, John and Anne, started Woodfin Heating in 1977 to sell heating oil, growing it into one of the largest privately held HVAC-related businesses in Virginia. A Virginia Military Institute and University of Virginia Darden School of Business alum, Woodfin began working with his parents […]

Finance | Insurance 2023: JOSEPH W. ‘JOE’ MONTGOMERY
Virginia 500 August 30, 2023

Finance | Insurance 2023: JOSEPH W. ‘JOE’ MONTGOMERY

It’s coming up on Montgomery’s 50th anniversary of working at Optimal Service Group of Wells Fargo Advisors, a wealth management firm with about $28 billion in funds under advisement. A former All-American captain of William & Mary’s football team, Montgomery was inducted this year into the Virginia Sports Hall of Fame. When he wasn’t chosen […]

Hospitality | Tourism 2023: CLIFFORD B. ‘CLIFF’ FLEET
Virginia 500 August 30, 2023

Hospitality | Tourism 2023: CLIFFORD B. ‘CLIFF’ FLEET

A corporate executive and college professor, Fleet became the ninth president of the world’s largest living history museum in 2020. He is charged with sharing America’s enduring story with new and diverse audiences, while improving its financial health. Before joining the Colonial Williamsburg Foundation, Fleet served as CEO and president of 22nd Century Group and, […]

Real Estate 2023: LOUIS J. ROGERS
Virginia 500 August 30, 2023

Real Estate 2023: LOUIS J. ROGERS

Since Rogers founded Capital Square in 2012, the real estate investment company has completed more than $7.5 billion in transaction volume and grew from handling mainly Delaware Statutory Trust 1031 Exchange offerings to launching a real estate investment trust and developing and operating multifamily properties across the nation. In September 2022, Rogers’ son-in-law, Whitson Huffman, [&hel[...]

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Top Stories

An offshore wind turbine. A boat sits in the background.

Dominion wind farm among 5 projects paused by Trump

Trump administration orders 90-day pause on five East Coast offshore wind projects, including Domini[...]

U.Va. Darden School dean reappointed to third term

U.Va. names next president, defying Spanberger

The University of Virginia's board named Darden School of Business Dean Scott Beardsley as the unive[...]

George Holm will transition to executive chairman of PFG on Jan. 1. Photo courtesy PFG

Performance Food Group announces Jan. 1 CEO transition

Performance Food Group names Scott McPherson CEO effective Jan. 1, 2026, as George Holm transitions [...]

Server room interior in datacenter. Depositphotos

Another massive data center campus proposed in Prince William

LSI 360 has filed an early planning application tied to a massive, proposed data center campus in we[...]

Port of Virginia nears finish of $450M dredging project

Federal employment, trade declined in 2025 in Virginia

Virginia saw some economic growth in 2025, but it was slow compared to 2024, and statewide unemploym[...]

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[...]

People

SHRM Linkage has appointed Tracey Walker as its new CEO, effective. Dec. 3. Photo Courtesy SHRM Linkage

SHRM Linkage taps new CEO

19/12/2025

Science Applications International Corp. (SAIC) has tapped Peraton executive Ravi Dankanikote to be chief growth officer. Photo courtesy SAIC

Peraton executive returns to SAIC as chief growth officer

17/12/2025

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

Leidos names AI chief technology officer

15/12/2025

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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