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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Federal Contractors | Technology 2023: JEFF SHOCKEY
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: JEFF SHOCKEY

Shockey is lead executive at the Arlington corporate headquarters of the world’s second largest defense contractor, RTX. Formerly Raytheon Technologies, the company announced a reorganization in June. In February, he became the senior official in Arlington upon the retirement of Roy Azevedo, who was president of Raytheon Intelligence & Space, now consolidated with Raytheon Missiles [&hel[...]

Retail | Wholesale | Food | Beverage 2023: ARTHUR ‘BO’ FISHER III
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: ARTHUR ‘BO’ FISHER III

Bo Fisher spoke of “the great loss of my father, partner, boss and best friend,” when his father, Art Fisher, died in 2004. Already serving as president of Fisher Auto Parts, the younger Fisher was unanimously elected to succeed his dad as CEO and chairman of the board. He also serves as chairman of Federated […]

Retail | Wholesale | Food | Beverage 2023: JIM KOONS
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: JIM KOONS

Koons owns and operates 20 auto franchises in the mid-Atlantic region, under the umbrella of the nation’s 13th largest used-vehicle dealership and Virginia’s biggest, according to Automotive News. Koons’ father, John, opened the first location in 1964 in Falls Church, and Jim Koons bought out his brother’s stake in the business in 1992. With more […]

Hospitality | Tourism 2023: CHRISTY S. COLEMAN
Virginia 500 August 30, 2023

Hospitality | Tourism 2023: CHRISTY S. COLEMAN

As head of the foundation administering two museums of early American history, Coleman is at the forefront of educators weaving a nuanced and inclusive story of American history. Coleman is the first woman and the first person of color to serve as executive director of the state agency that operates Jamestown Settlement and the American […]

Hospitality | Tourism 2023: ERIC TERRY
Virginia 500 August 30, 2023

Hospitality | Tourism 2023: ERIC TERRY

With four decades of hospitality experience, Terry has advocated for the Virginia Restaurant, Lodging & Travel Association’s 1,500-plus industry members since joining as president in 2014. During the pandemic, Terry led the VRLTA in persuading state legislators to allocate $250 million in federal stimulus funds for industry relief. He also spearheaded support for legislation approved [&h[...]

Nonprofits | Philanthropy 2023: SHERRIE ARMSTRONG
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: SHERRIE ARMSTRONG

The Community Foundation for a greater Richmond has been committed to improving the quality of life for residents in the Richmond region for more than 50 years. Last year the foundation awarded more than $4.6 million to 125 local organizations through its annual Community Impact grants program, helping individuals and families build a path to […]

Economic Development 2023: TODD P. HAYMORE
Virginia 500 August 30, 2023

Economic Development 2023: TODD P. HAYMORE

Since 2018, Haymore has led Hunton Andrews Kurth’s global economic development wing, providing strategic advice to guide multinational and national companies to expand or relocate their businesses to Virginia. In July, he became rector of Virginia Commonwealth University. Formerly the state’s commerce and trade secretary and agriculture and forestry secretary under Govs. Terry McAuliff[...]

Education 2023: KATHERINE A. ROWE
Virginia 500 August 30, 2023

Education 2023: KATHERINE A. ROWE

In 2018, Rowe took the helm of the nation’s second-oldest university, William & Mary, bringing with her a diverse educational background that includes degrees in literature, graduate work in cinema and media studies, and 16 years as an English professor and department chair at Bryn Mawr College in Pennsylvania. A Shakespearean scholar, she also co-founded […]

Federal Contractors/Technology: MAX PETERSON
News August 30, 2023

Federal Contractors | Technology 2023: MAX PETERSON

Peterson, who joined AWS in 2012 and started his current role in 2021, has more than 30 years of public sector experience, with stints at Dell and CDW-G. Now he’s guiding the $80.1 billion Amazon.com cloud subsidiary through a variety of high-tech federal projects. So far, AWS landed a spot (along with Google, Microsoft and […]

Government | Politics 2023: MAMIE E. LOCKE
Virginia 500 August 30, 2023

Government | Politics 2023: MAMIE E. LOCKE

Locke was the Atlanta Historical Society’s archivist in 1981, when she was asked to interview for a political science teaching position at Hampton University, where 42 years later she is a professor emeritus. She served as vice mayor and mayor of Hampton before her election to the state Senate in 2004. As many of her […]

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Top Stories

Construction workers, bottom right, atop the U.S. Treasury, watch as work continues on a largely demolished part of the East Wing of the White House on Oct. 23, 2025, before construction of a new ballroom. (AP Photo/Jacquelyn Martin)

Two Virginia companies donate to White House ballroom project

Altria Group and Booz Allen Hamilton donating to President Donald Trump’s roughly $300 million Whi[...]

A bronze statute of Lady Justice holding scales

Virginia Supreme Court hears $2B trade secrets case

McLean-based software company Appian argued it should receive the record-breaking $2.04 billion jury[...]

Amazon to pay $2.5B in FTC Prime membership settlement

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

Amazon will cut about 14,000 corporate jobs as it reduces bureaucracy and boosts investment in artif[...]

Disney to build its 7th theme park, this one in the United Arab Emirates

Booz Allen Hamilton announces new round of layoffs

Booz Allen Hamilton is initiating another round of layoffs amid declining revenues in its most recen[...]

The 2025 Virginia Black Business Leaders Awards: The Achievers

Townes-Whitley out as SAIC’s CEO after two years

Toni Townes-Whitley is out as CEO of Fortune 500 government contractor Science Applications Internat[...]

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Virginia garden center lays off 97 after $160M sale to data center developer

Merrifield Garden Center will close its Gainesville facility this December, laying off 97 employees,[...]

People

Paul Phillips will retire from Freedom First at the end of 2026. Photo courtesy Freedom First Credit Union

Freedom First credit union CEO to retire in 2026

29/10/2025

Former Western Virginia acting U.S. attorney resigns, enters private practice

Former Western Virginia acting U.S. attorney resigns, enters private practice

17/10/2025

NICOLE NEWSOME | Chief strategy and growth officer, Qantm Creative

Qantm Creative taps new CEO

14/10/2025

Regions

Digital Gateway opponents score legal win

Digital Gateway opponents score legal win

A Virginia judge voided the rezoning for the $500M Prince William Digital Gateway project, siding wi[...]

Federal funding repeals could halt rural broadband expansion

Federal funding repeals could halt rural broadband expansion

The much-heralded broadband expansion efforts in Southwest Virginia may not come to fruition after a[...]

Danville invests $3 million to prep Coleman site

Danville invests $3 million to prep Coleman site

In July, Danville City Council members OK’d an infusion of funding for 158 acres on Gypsum Roa[...]

Data centers stir debate in Frederick

Data centers stir debate in Frederick

After rejecting two major data centers, Frederick County supervisors back a fact sheet to study impa[...]


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