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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Economic Development 2023: STEPHANIE LANDRUM
Virginia 500 August 30, 2023

Economic Development 2023: STEPHANIE LANDRUM

Economic growth in Northern Virginia continues surging with the ongoing construction of the $1 billion Virginia Tech Innovation Campus in Potomac Yard. In February, development reached a milestone when officials raised a steel beam to the 11th floor of the campus’s anchor building. The 300,000-square-foot structure is expected to open by the fall 2024 semester […]

Federal Contractors | Technology 2023: GREG BARONI 
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: GREG BARONI 

Philanthropist, entrepreneur, sports team owner and tech executive Baroni co-founded McLean-based Attain LLC, a management, tech and compliance consulting firm, in 2009. The company split in 2021, selling its federal arm to Reston-based health care company Maximus for $430 million. Attain’s remaining education, nonprofit, health care and state and local government sectors now operate private[...]

Federal Contractors | Technology 2023: STU SHEA
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: STU SHEA

A fixture in the national security industry, Shea has led the expansion of a 6-year-old private company into a major defense contractor through a series of acquisitions, including the 2021 purchase of Northrop Grumman’s federal IT and mission support services business. The growing company recently moved its headquarters from Herndon to Reston, which serves as […]

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[...]

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Top Stories

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[...]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Mars completes $36B Kellanova acquisition

McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion [...]

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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