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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

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 […]

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Top Stories

Pictured in 2021, George Mason University President Gregory Washington. Photo courtesy George Mason University

GMU president’s contract extended through 2031

Washington's job appeared to be in jeopardy less than a year ago, as the Trump administration launch[...]

Gov. Abigail Spanberger signs a bill increasing Virginia's minimum wage to $15 per hour by 2028.

Virginia budget with data center tax moves to Spanberger’s desk

Virginia legislators passed a compromise biennial budget Monday that includes an electricity consump[...]

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

Sen. Lashrecse Aird speaks during a June 16, 2026, news conference announcing Virginia's cannabis recreational sale framework, along with Gov. Abigail Spanberger and Del. Paul Krizek. Photo by Kate Andrews/Virginia Business

Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered in[...]

Gov. Abigail Spanberger touts the state's support for Jefferson Lab during a June 12 groundbreaking event for the Jefferson Lab Data Center. Photo by Josh Janney

Spanberger backs House budget, but data center tax fight divides Democrats

Gov. Abigail Spanberger said she supports the Virginia House of Delegates proposal of an "expansive"[...]

People

CACI International announced that David Young has joined the company as executive vice president and chief operating officer. Photo courtesy CACI

CACI appoints new COO

22/6/2026

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

9/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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