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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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 […]

Real Estate 2023: TONY FIORILLO
Virginia 500 August 30, 2023

Real Estate 2023: TONY FIORILLO

Fiorillo was promoted to president of the ECS Group of Cos. in April 2020 after serving as chief operating officer. He began his career at ECS in 1993 as a field technician. Fiorillo leads the development of the organization’s long- and short-term strategies and manages overall operations. He also oversees the company’s fiscal activity, including […]

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Top Stories

Virginia Gov. Abigail Spanberger was sworn in as Virginia’s 75th governor, the first woman to hold the office, on Jan. 17, 2026. Photo by Kira Jenkins/Virginia Business

Spanberger sworn in as Virginia’s first woman governor

Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia'[...]

The University of Virginia Rotunda. Photo by Jay Paul

Report: 3 U.Va. board members resign at Spanberger’s request

The New York Times reported Friday evening that three University of Virginia board members have resi[...]

An offshore wind turbine. A boat sits in the background.

Federal court grants Dominion injunction, allowing offshore wind construction to proceed

Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resum[...]

Depositphotos

Virginia luxury packaging provider plans $34M HQ expansion

Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and mo[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

People

Dr. Ameya Kulkarni being named Kaiser's executive director.

Kaiser Permanente names mid-Atlantic medical director

15/1/2026

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Real Estate Information Network's new president John Chandler. Photo courtesy REIN

REIN announces 2026 board of directors

12/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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