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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

McDermott_Michael
Virginia 500 August 30, 2023

Health Care 2023: DR. MICHAEL McDERMOTT 

Since 2015, McDermott has led the not-for-profit hospital system that includes two hospitals in Fredericksburg and Stafford County, three emergency departments and about 50 clinics and other outpatient facilities. It employs about 5,000 people, including 600 doctors. Generating $925 million in revenue in fiscal year 2022, Mary Washington began its new Graduate Medical Education program […]

Keogh_Scott
Virginia 500 August 30, 2023

Manufacturing 2023: SCOTT KEOGH

In 2022, Keogh left his position as president and CEO of Volkswagen Group of America to serve as head of Scout Motors, the German automaker’s new electric truck and sport utility vehicle division. Scout is a revamp of the iconic Scout all-terrain vehicle brand produced by International Harvester in the 1960s and ’70s. In 2021, […]

Bredow_gene-Resize
Virginia 500 August 30, 2023

Real Estate 2023: EUGENE J. BREDOW

In March 2022, Bredow was appointed president and CEO of NVR after Paul C. Saville transitioned to executive chairman. Bredow has worked for NVR since 2004 and became president of NVR Mortgage in April 2019 after holding several executive positions in accounting and administration. Founded in 1980, NVR is one of the nation’s largest homebuilding […]

Wolcott_Barbara
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 […]

Landrum_Stephanie
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 […]

Baroni_Greg
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[...]

Shea_Stu
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 […]

Shockey_Jeff
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[...]

Fisher_ArthurBo
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 […]

Koons_Jim
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 […]

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Top Stories

ASRC Federal President and CEO Mike Manzo. Photo courtesy ASRC Federal

ASRC Federal names new CEO, as Felix steps down

ASRC Federal, the Reston-based federal contractor and subsidiary of Arctic Slope Regional, has a new[...]

Virginia Gov. Glenn Youngkin speaks at a Sept. 16, 2025, news conference announcing a $5 billion Eli Lilly pharmaceutical manufacturing plant for Goochland County. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Youngkin takes chairman role at Red Cell Partners

Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technolo[...]

Tatia Daniels Granger. Photo courtesy Averett University

Averett University names next president, its fourth in 18 months

Tatia Daniels Granger becomes Averett University's fourth president in 18 months as the Danville sch[...]

KevinMurphy_500Web

Ferguson planning $1.6B acquisition of Texas valve distributor

Ferguson Enterprises announced that it has agreed to acquire FloWorks for $1.6 billion from private[...]

Michael LaRouche. Photo courtesy Serco

Serco CEO is leaving to lead KBR spinoff

Serco CEO Michael LaRouche is leaving the company to lead the planned spinoff of KBR's Mission Tec[...]

At the Norfolk International Terminals, four ultra-large container vessel berths are in operation. Photo courtesy Port of Virginia

Virginia ranks No. 3 in CNBC Top States for Business list

Virginia is ranked third in the annual CNBC Top States for Business list, up one spot from last year[...]

People

Peraton’-new-CFO-Salim-Omar

Peraton promotes acting CFO to permanent role

16/7/2026

Diana Cantor. Photo courtesy VCU Health

Richmond-area attorney is first elected chair of VCU Health

15/7/2026

Robin-Rossmann

CoStar taps European managing director as next CFO

15/7/2026

Regions

Newport News, Virginia Tech and state officials on April 22 hold a ribbon cutting to celebrate SEFC’s opening. Photo by Josh Janney/Virginia Business

Energy tech hub opens in Newport News

The Secure Energy Future Center backed by Virginia Tech opens in Newport News with $2.7 million fund[...]

The new Volvo VNR 300 was introduced in February. Photo courtesy Volvo Trucks North America

Volvo Trucks’ Dublin plant rolls out regional hauler

Volvo Trucks North America’s Dublin plant has begun production of the new VNR regional hauler, boo[...]

Tenaska, a Nebraska energy company, hopes to build a battery energy storage project near Leesburg. Photo by Alamy

$750M battery storage project eyed in Loudoun

Energy company Tenaska is seeking approval for a $750 million, 425-megawatt battery energy storage p[...]

A rendering of Virginia Technology Park, a data center campus proposed in Frederick County Image courtesy Frederick County

Valley communities prepare for data centers

As interest in data centers grows across Virginia, Shenandoah Valley communities are debating how to[...]


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