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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Real Estate 2023: TIMOTHY HELMIG
Virginia 500 August 30, 2023

Real Estate 2023: TIMOTHY HELMIG

After joining Monday Properties in 2005, Helmig has led the company to capital investments of more than $16 billion, an expanded multifamily portfolio of 5,300 units, and executed transactions totaling more than 35 million square feet. Helmig’s brother-in-law, Anthony Westreich, founded Monday Properties and acquired a 2.5 million-square-foot Rosslyn portfolio of buildings in 2007, two [&hel[...]

News August 30, 2023

September 2023 Out and About

1.  Virginia Western Community College Associate Professor Jenifer Kurtz helped situate bee colonies into a new home on campus this spring. In July, VWCC announced it had become an affiliate of conservation program Bee Campus USA. Photo by Amy White.  2.  L to R: Frankie Holland, Bob Wilkin, Frank Garrett, Benita Jordan, Ginny Coleman, Ralph […]

Living Legends 2023: THE HON. ROGER L. GREGORY
Virginia 500 August 30, 2023

Living Legends 2023: THE HON. ROGER L. GREGORY

The son of tobacco factory workers, Gregory has spent his life blazing trails. He’s the first person in his family to graduate from high school. After graduating from Virginia State University and the University of Michigan Law School, he and future Gov. L. Douglas Wilder founded a Richmond law firm in 1982. Wilder became the […]

Education 2023: KARL McDONNELL
Virginia 500 August 30, 2023

Education 2023: KARL McDONNELL

McDonnell is CEO of Strategic Education, an education services holding company that owns for-profit Strayer and Capella universities, the Jack Welch Management Institute and nondegree schools DevMountain, Hackbright Academy and Sophia Learning. Strategic Education was formed in 2018 by the $2 billion merger of Strayer Education and Capella Education. McDonnell was previously president and CEO [&he[...]

Federal Contractors | Technology 2023: REX D. GEVEDEN
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: REX D. GEVEDEN

Before joining BWXT in 2015 as its chief operating officer, Geveden was an executive at Teledyne Technologies, as well as a chief engineer and associate administrator at NASA, where he ran support contracts for the International Space Station and helped develop next-generation lunar vehicles. In 2017, he became CEO of the Lynchburg-based manufacturer of nuclear […]

Retail | Wholesale | Food | Beverage 2023: KEVIN MURPHY
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: KEVIN MURPHY

It’s been an eventful year for the North American subsidiary of U.K. plumbing and heating products distributor Ferguson, which saw its revenues jump from $22.8 billion in 2021 to $28.6 billion in 2022. In September 2022, the company, which does almost all its business in North America, announced a collaboration with automaker Ford in which […]

Nonprofits | Philanthropy 2023: KEVIN A. LYNCH
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: KEVIN A. LYNCH

The National Industries for the Blind (NIB) plays a critical role in enhancing the independence of people who are blind by offering career training and connecting them to employment opportunities. Lynch has worked for the NIB and its associated agencies since 1994, serving as president and CEO since 2008. He was instrumental in initiating NSITE, […]

Professional Services 2023: RUSSELL ‘RUSS’ MOORE
Virginia 500 August 30, 2023

Professional Services 2023: RUSSELL ‘RUSS’ MOORE

Moore has more than 25 years’ experience in providing auditing, accounting and advisory services to large private and public companies, particularly in the consumer and industrial products space. He became the head of Big Four accounting company PricewaterhouseCoopers’ Richmond market in 2018. Moore joined PwC in 1997. Globally, the company has approximately 328,000 people working [&he[...]

Energy 2023: EDWARD H. ‘ED’ BAINE
Virginia 500 August 30, 2023

Energy 2023: EDWARD H. ‘ED’ BAINE

Baine’s steady rise to the presidency of Dominion Energy’s Virginia operations began when he joined the Fortune 500 utility as an associate engineer 28 years ago.  But the seeds of his career were firmly planted when Baine, who grew up on a Lunenburg County tobacco farm, received a full scholarship to Virginia Tech, from which […]

Health Care 2023: ERIK SHANNON
Virginia 500 August 30, 2023

Health Care 2023: ERIK SHANNON

Shannon, who began serving as interim CEO of UVA Community Health in October 2021, became the health system’s permanent CEO in November 2022. A division of UVA Health, UVA Community Health was formerly known as Novant Health UVA Health System. It has three community hospitals in Manassas, Haymarket and Culpeper, as well as a network […]

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Top Stories

The NASA flag waving along with the American flag in the background. Taken March 5, 2021, in Washington, D.C. Photo by AdobeStock

NASA Langley could lose 672 jobs under Trump’s proposed budget

Trump’s 2026 budget proposal could slash 672 jobs at NASA Langley Research Center in Hampton.

Photo of four-story building

Owens & Minor ends $1.36B deal to buy home-based care business

Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.

President Donald Trump talks to workers as he tours U.S. Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson)

Trump’s promised steel and aluminum tariffs go into effect

U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s se[...]

Presenting the 2025 Virginia C-Suite Awards

Presenting the 2025 Virginia C-Suite Awards

Virginia Business is proud to present our inaugural Virginia C-Suite Awards, honoring 33 top executi[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual For[...]

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five [...]

People

Danny Deep. Photo courtesy General Dynamics

General Dynamics promotes EVP to global operations

5/6/2025

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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