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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Real Estate 2023: BARBARA M. WOLCOTT
Virginia 500 August 30, 2023

Real Estate 2023: BARBARA M. WOLCOTT

A five-decade Hampton Roads real estate veteran, Wolcott now leads a company created by the merger this March of Rose & Womble Realty and Berkshire Hathaway HomeServices Towne Realty. The combined firm has more than 750 agents and the backing of Suffolk-based TowneBank, as well as being part of Warren Buffett’s Berkshire Hathaway luxury real […]

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 […]

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Top Stories

An aerial view of the Botetourt Center at Greenfield. Photo courtesy Botetourt County

Google’s Botetourt data center campus may use 8M gallons of water daily

Unredacted documents reveal Google’s planned Botetourt data center may require 2M–8M gallons of [...]

Bryan H. Fairbanks will retire after nearly 23 years with Trex. Photo courtesy Trex

Trex CEO Bryan Fairbanks to retire in April

Trex Co. announced Tuesday that President and CEO Bryan H. Fairbanks will retire April 28 after near[...]

Southern Virginia Multimodal Park. Photo courtesy Matt Rowe, Pittsylvania County's economic development directo

Avio USA picks Pittsylvania for $500M solid rocket motor plant

Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs i[...]

Victor Hoskins. Photo courtesy Fairfax County Economic Development Authority.

Hoskins to exit Fairfax EDA after six-year tenure

Victor Hoskins will leave the Fairfax County EDA after six years, a tenure credited with nearly 64,0[...]

Hampton logistics company closes, laying off 63

AOL to lay off 108 tied to Reston office

AOL plans 108 layoffs linked to its Reston office as Bending Spoons completes its acquisition of the[...]

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism o[...]

People

Ashish Jandial

ASGN announces commercial segment presidents

27/2/2026

Dr. Reid Adams. Photo courtesy UVA Health.

UVA Health promotes inaugural chief medical officer

24/2/2026

Atlantic Union Bankshares new CFO Alexander Dodd

Atlantic Union Bankshares appoints new CFO

24/2/2026

Regions

Norfolk casino General Manager Ron Bailey leads a tour of the Interim Gaming Hall, which opened in November 2025. Photo by Kristen Zeis

Will new casino be a jackpot for Norfolk?

Norfolk’s $750M casino project is on track for 2027, but rising competition and lower tax projecti[...]

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming[...]

InternshipsVA could help the region retain talent, says EO’s Travis Staton. Photo by Earl Neikirk

EO to lead internship development program

A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the r[...]

Vinton Town Manager Pete Peters at Extended Stay America Premier Suites site Photo by Natalee Waters

Roanoke Valley confronts hotel room shortage

As a trio of hotels shuttered in the city over the past several years, the number of rooms available[...]


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