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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Arts | Entertainment | Sports 2023: TONY BENNETT
Virginia 500 August 30, 2023

Arts | Entertainment | Sports 2023: TONY BENNETT

The No. 4-seeded Cavaliers suffered a painful loss to No.13-seed Furman University in the first round of this year’s NCAA men’s basketball tournament, but Bennett — who this season became the winningest coach in the team’s history — took the setback in stride, celebrating the Cavaliers’ 25th appearance at the Big Dance and 11th ACC […]

Media 2023: DAVE LOUGEE
Virginia 500 August 30, 2023

Media 2023: DAVE LOUGEE

Lougee is no stranger to the world of mergers and acquisitions that have become part of the media business. In May, Tegna terminated its merger agreement with New York hedge fund Standard General when the financial agreements needed to fund the deal expired. In 2015, Gannett Co. spun off its broadcasting and digital business to […]

Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: REID A. BROWN

What began in 1919 as a bottling operation for cherry cola is now a major beverage-distribution business delivering more than 5 million cases of domestic and craft beers, ciders, seltzers and nonalcoholic beverages annually. Reid Brown is among the fourth generation to run Brown Distributing, joining the family business in 2006. His brother, Jason Brown, […]

Retail | Wholesale | Food | Beverage 2023: TING XU
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: TING XU

A Shanghai native, Xu graduated from Old Dominion University and settled in Richmond in 1989. She was working as a computer programmer for the state health department in 1993 when she started a small decorative flag venture in her garage, investing $20,000. Established in part to provide work for her parents, who had been engineers […]

Finance | Insurance 2023: FRANK ROTMAN
Virginia 500 August 30, 2023

Finance | Insurance 2023: FRANK ROTMAN

Rotman started fintech venture capital firm QED Investors with Capital One co-founder Nigel Morris in 2007. With $4.3 billion under management, QED has invested in more than 200 companies, including Credit Karma, Klarna and SoFi Technologies. As a student at the University of Virginia, Rotman worked as a research assistant at NASA’s Jet Propulsion Laboratory, […]

Finance | Insurance 2023: JANET N. TOPE
Virginia 500 August 30, 2023

Finance | Insurance 2023: JANET N. TOPE

Many executives at Tope’s level have a long list of employers on their résumés. Tope has just one: Wells Fargo. The Florida State University alumna “stumbled into” the bank in 1988 straight out of college with her business degree in hand and has been there ever since. In 2017, she was promoted to director of […]

Finance | Insurance 2023: HANS VonKRUGER
Virginia 500 August 30, 2023

Finance | Insurance 2023: HANS VonKRUGER

In college, VonKruger took a part-time job as a teller to help pay for tuition. After working for JPMorgan Chase for more than 20 years, VonKruger joined Bank of America in 2016, becoming consumer banking market leader for southeastern Virginia. He has been the Hampton Roads market executive since 2018, managing about 575 employees and […]

Health Care 2023: SEAN T. CONNAUGHTON
Virginia 500 August 30, 2023

Health Care 2023: SEAN T. CONNAUGHTON

As leader of the nonprofit trade association representing 27 health care systems and hospitals since 2014, Connaughton strives to support the sustainability of Virginia’s health care system, reduce health care costs and improve the health of Virginia residents. A former chairman of the Prince William County Board of Supervisors who also practiced law for 15 […]

Manufacturing 2023: KATHERINE WILLIAMS
Virginia 500 August 30, 2023

Manufacturing 2023: KATHERINE WILLIAMS

On July 1, Williams succeeded CEO Gary Mignogna, who became Framatome’s board chairman upon his retirement after 45 years leading the nuclear reactor and fuel manufacturer. Williams has worked for the U.S. subsidiary of French nuclear reactor manufacturer Framatome (formerly Areva NP) for more than 20 years and manages all of the parent company’s financial […]

Nonprofits | Philanthropy 2023: ANGELA F. WILLIAMS
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: ANGELA F. WILLIAMS

As the head of United Way Worldwide since October 2021, Williams has been focused on aligning stronger partnerships with the nonprofit’s 45,000 corporate partners and managing its 1.5 million volunteers. The first Black woman to lead the organization, Williams brings 30-plus years of management experience to her position at UWW, including executive leadership roles at […]

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Top Stories

The University of Virginia Rotunda. Photo by Jay Paul

U.Va. continues presidential search, despite Spanberger’s call for pause

The University of Virginia's presidential search committee has continued its work in hiring a succes[...]

Lawmakers grapple with Virginia’s increasing energy demand

Virginia SCC approves Dominion gas plant in Chesterfield

Dominion Energy's $1.47 billion natural gas power plant in Chesterfield County received the Virginia[...]

Depositphotos

Amazon to invest $50B to expand federal AI, computing capacity

Amazon plans to invest up to $50 billion to expand artificial intelligence and supercomputing capaci[...]

Retail | Wholesale

Performance Food Group and US Foods terminate merger talks

Goochland County-based Fortune Global 500 company Performance Food Group and US Foods have scrapped [...]

Server room interior in datacenter. Depositphotos

Data center developer to build $3B campus in Caroline

CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn You[...]

A Capital One sign in front of a glass-paneled building

FDIC files counterclaim against Capital One in special assessment case

This week the Federal Deposit Insurance Corp. filed a counterclaim against McLean-based bank Capital[...]

People

Brad Pelachyk, the new chief global supply chain officer for BAE Systems.

BAE Systems promotes VP to chief global supply chain officer

24/11/2025

Tara Y. Harrison is retiring as the chief financial officer of Charlottesville-based Virginia National Bank. Photo courtesy Virginia National Bank.

Virginia National Bank CFO to retire

20/11/2025

McLean-based Bogart Wealth has appointed Allen Eickelberg as its chief operating officer. Photo courtesy Bogart Wealth

Bogart Wealth announces new COO

19/11/2025

Regions

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[...]

Roanoke remembers Hurricane Juan’s 1985 toll

Roanoke remembers Hurricane Juan’s 1985 toll

Forty years ago, remnants of Hurricane Juan dumped buckets of rain on the Roanoke Valley for days. T[...]

Newport News airport shifting beyond commercial flights

Newport News airport shifting beyond commercial flights

Following years of declining commercial air travel, the Newport News-Williamsburg Airport is expandi[...]


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