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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Virginia 500 August 30, 2023

2023 Virginia 500: Media

Doug Davis SENIOR VICE PRESIDENT/REGIONAL MANAGER, BROADCASTING, NEXSTAR MEDIA GROUP, PORTSMOUTH      Josh Eastright CEO, BLOOMBERG INDUSTRY GROUP, ARLINGTON COUNTY      Paula A. Kerger PRESIDENT AND CEO, PUBLIC BROADCASTING SERVICE, ARLINGTON COUNTY     Dave Lougee PRESIDENT AND CEO, TEGNA, TYSONS     Timothy O’Shaughnessy PRESIDENT AND CEO, GRAHAM [...]

Living Legends 2023: JOHN R. LAWSON II
Virginia 500 August 30, 2023

Living Legends 2023: JOHN R. LAWSON II

Raised in a construction family, Lawson fell in love with the business. His late father co-founded W.M. Jordan, which Lawson joined in 1975 after his graduation from Virginia Tech, where he earned a degree in geophysics. He’s paid back Virginia Tech by serving on its board of visitors and as rector, as well as funding […]

George Holm will transition to executive chairman of PFG on Jan. 1. Photo courtesy PFG
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: GEORGE L. HOLM

Performance Food Group’s leader since 2008, Holm has worked for more than 40 years in the food service distribution industry. The Goochland-based corporation was ranked No. 91 on the 2023 Fortune 500 list, with $47.19 billion in revenue reported in fiscal year 2022, up from $30.39 billion in 2021. After holding leadership roles with Sysco, […]

Government | Politics 2023: RICHARD CULLEN
Virginia 500 August 30, 2023

Government | Politics 2023: RICHARD CULLEN

After spending the majority of his 45-year career at McGuireWoods, Virginia’s largest law firm, senior partner Cullen is now Virginia Gov. Glenn Youngkin’s legal counselor.  It’s hardly the first time Cullen has worked in the public sector — he served as U.S. attorney for the Eastern District of Virginia from 1991 to 1993 and was […]

Professional Services 2023: GARY G. WALLACE
Virginia 500 August 30, 2023

Professional Services 2023: GARY G. WALLACE

With more than three decades of finance experience, Wallace has served as managing partner of accounting firm Keiter since 2019. His duties include overseeing growth strategy and providing tax services to public and private industries. Keiter employs 170 people in Virginia and reported revenue of $39 million in fiscal year 2022. He previously served as […]

Economic Development 2023: JASON EL KOUBI
Virginia 500 August 30, 2023

Economic Development 2023: JASON EL KOUBI

El Koubi has served as head of Virginia’s top economic development organization since March 2022, following a five-year stint as VEDP’s executive vice president. Part of the team that helped bring Amazon.com’s $2.5 billion-plus HQ2 East Coast headquarters to Arlington County, El Koubi continues to land big economic wins for the commonwealth, such as last […]

Federal Contractors | Technology 2023: DAVID CALHOUN
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: DAVID CALHOUN

Boeing encountered some issues this spring in producing its 737 Max and 787 Dreamliner planes, due to manufacturing problems, which has contributed to an industrywide shortage of new jets. In a May Bloomberg interview, Calhoun, who heads the world’s fifth largest defense contractor, said that supply chain disruptions to the aerospace industry could continue “for […]

Federal Contractors | Technology 2023: WILLIAM J. “BILL” LYNN III
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: WILLIAM J. “BILL” LYNN III

Leonardo DRS went public in November 2022, with Lynn ringing the closing bell at the Nasdaq, after the completion of a merger with Israel-based Rada Electronic Industries. Leonardo DRS’ parent company, Italian defense contractor Leonardo SpA, retains 80.5% ownership of the $3 billion company. Lynn joined the defense contractor in 2012, after serving as a […]

Finance | Insurance 2023: G. ROBERT ASTON JR.
Virginia 500 August 30, 2023

Finance | Insurance 2023: G. ROBERT ASTON JR.

When he founded TowneBank in 1999, Aston had a vision of creating a Main Street bank that would be focused exclusively on serving the people and businesses in its hometown. Today, TowneBank has over 45 locations, with assets of more than $16.7 billion as of March 31, and supports more than 200 nonprofit organizations through […]

Law 2023: DOUGLAS S. GRANGER
Virginia 500 August 30, 2023

Law 2023: DOUGLAS S. GRANGER

A nearly 40-year veteran of his firm, the second largest in the state, Granger focuses on business transactions, with a specific focus on mergers and acquisitions, and corporate finance transactions. He has substantial experience working with both public and private U.K.-based companies in the U.S. as well as multinational acquisitions. He joined then-Hunton & Williams […]

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Top Stories

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

Dominion wind farm among 5 projects paused by Trump

Trump administration orders 90-day pause on five East Coast offshore wind projects, including Domini[...]

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[...]

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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