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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Law 2023: A. BENJAMIN SPENCER
Virginia 500 August 30, 2023

Law 2023: A. BENJAMIN SPENCER

In 2020, Spencer became the first Black dean to lead William & Mary Law School. A year later, he was awarded the Marshall-Wythe School of Law Foundation Trustee Professorship. He previously held professorships and academic appointments at Harvard Law School, University of Chicago Law School, University of Virginia School of Law and others. Spencer started his […]

Virginia 500 August 30, 2023

2023 Virginia 500: Education

  Makola M. Abdullah PRESIDENT, VIRGINIA STATE UNIVERSITY, ETTRICK      Javaune Adams-Gaston  PRESIDENT, NORFOLK STATE UNIVERSITY, NORFOLK   Jonathan R. Alger PRESIDENT, JAMES MADISON UNIVERSITY, HARRISONBURG   Peter Blake DIRECTOR, STATE COUNCIL OF HIGHER EDUCATION FOR VIRGINIA, RICHMOND   Lance R. Collins VICE PRESIDENT AND EXECUTIVE DIRECTOR, VIRGINIA TECH INNOVA[...]

Agriculture 2023: MATTHEW J. LOHR
Virginia 500 August 30, 2023

Agriculture 2023: MATTHEW J. LOHR

Lohr has worked in agriculture and public service for his entire career. As Virginia’s secretary of agriculture and forestry since January 2022, he manages an 810-employee department that oversees Virginia’s largest private sector, which has an annual economic impact of over $105 billion. A three-term state delegate and former commissioner of the Virginia Department of […]

Arts/Entertainment/Sports: KEVIN LEMBKE
Virginia 500 August 30, 2023

Arts | Entertainment | Sports 2023: KEVIN W. LEMBKE

Lembke has spent his entire career in the amusement park industry, starting at SeaWorld Orlando in 2000, and he’s been president of Busch Gardens Williamsburg and Water Country USA since 2018 (except for a brief break in 2019). In preparation for the park’s 2023 season, he oversaw the opening of two new rides: DarKoaster, an […]

Economic Development 2023: CAREN MERRICK
Virginia 500 August 30, 2023

Economic Development 2023: CAREN MERRICK

After 25 years as a Virginia business founder and leader, Merrick was appointed the commonwealth’s secretary of trade and commerce in early 2022, her first role in state government. She helped encourage Amazon Web Services to invest $35 billion to build multiple data center campuses across the state, an initiative announced in January. She also […]

Education 2023: MICHAEL RAO
Virginia 500 August 30, 2023

Education 2023: MICHAEL RAO

In his 14th year at VCU, Rao has had a year of ups and downs. VCU opened its $125 million STEM building in April, and in May it announced an $18 million donation from Washington, D.C.-based real estate analytics company CoStar Group to build an academic building for arts and innovation. However, VCU Health made […]

Federal Contractors | Technology 2023: MEHUL P. SANGHANI
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: MEHUL P. SANGHANI

A Virginia Tech graduate, Sanghani runs one of the fastest growing federal contractors in Virginia’s tech sector. In December 2022, IBM announced it would purchase Octo from Arlington Capital Partners for an undisclosed sum, and Octo is now a part of IBM Consulting’s U.S. public and federal market arm. Born in India, Sanghani was raised […]

Health Care 2023: LT. GEN. TELITA CROSLAND
Virginia 500 August 30, 2023

Health Care 2023: LT. GEN. TELITA CROSLAND

Previously deputy surgeon general for the U.S. Army, Crosland became director of the Defense Health Agency in January, following her confirmation last year by the U.S. Senate. With a staff of nearly 140,000 civilians and military personnel and a budget of more than $54 billion, the decade-old Defense Health Agency is responsible for providing medical […]

Manufacturing 2023: JOHN M. STEITZ
Virginia 500 August 30, 2023

Manufacturing 2023: ASHLEY B. SMITH

Smith, the third generation of his family to lead the precast concrete company, became CEO in 2018 and board chairman in 2022. The Fauquier County business was started by his grandfather, David G. Smith, in 1960 as Smith-Cattleguard, named for its concrete cattleguard innovation. By 1995, Smith-Midland was a publicly traded company. Today, the company […]

Manufacturing 2023: ASHLEY B. SMITH
Virginia 500 August 30, 2023

Manufacturing 2023: JOHN M. STEITZ

A global manufacturer of plastic films and aluminum extrusions, Tredegar is a 1989 spinoff of Richmond fuel additives company Ethyl. Steitz was named president and CEO in 2019 following the retirement of John D. Gottwald, who had served in the role for 30 years. Steitz had served on Tredegar’s board of directors since 2017 while […]

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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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